Domain name reseller
The Internet is an ever-developing network that supplies new possibilities to earn cash on the Web. One of these ways is to become a domain reseller and offer domain names to end clients, earning profit from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered every day, and there are millions of currently functioning domain names, so this is a flowering business niche that you can become involved in.
Top-Level and Second-Level Domains
A domain is composed of two pieces - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic TLDs comprise the most widely used domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains are composed of 2-character abbreviations that stand for each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a country-code one, has a Registry - an institution that administers the registrations and sets the prerequisites that each given TLD may have, including the duration of the registration term or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the companies that in fact offer the domain name to customers and administer all DNS resource records.
Make Revenue From Trading Domains
Numerous Registrars have reseller programs that permit people to earn profit from offering domains to end clients. If you sign up for such a program, you can kickstart your very own web business. Normally, a domain name will cost less if it is registered through a reseller rather than if it is bought straight from the Registrar by an end user. The reason is that resellers can contact more individuals in regional communities or states where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both sides will capitalize on that. Your profit will be the difference between the price that the user pays and the one that the Registrar levies for the domain registration.
Resell Top-Level Domains Under Your Own Brand Name
When you subscribe to a domain name reseller program, you will get a webspace hosting CP where you can fix the prices for the specific top-level domain names that the Registrar provides. Most companies also provide billing transaction software and layouts for your virtual shop, and the automation of the whole procedure together with the large demand for domain names make the domain reseller market niche so alluring. You will either acquire a turn-key web site and use the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can set up your very own web page and order form. Traditionally, you have the option to select between the 2 alternatives, so it all depends on how skillful you are in these matters. As a domain name reseller, you will work under your own personal brand name and not on behalf of the Registrar's brand.
Earn Revenue From Providing Web Hosting Plans Too
A relevant addition to your domain name reseller business would be to sell web hosting plans too. Thereby, you can give a package deal to customers who would like to launch their web site and require both a domain name and a web page hosting package. A few corporations offer such options. With 'ResellersPanel', for example, you can buy a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and charge-free invoice software to charge your customers. You can then sell Top-Level Domains and shared web hosting accounts to customers, and since they offer lots of diverse domain extensions, you will be able to provide domain name and hosting services to individuals from all over the world.