Domain name reseller
The Internet is an ever-expanding system that delivers new possibilities to earn money on the Web. One of these opportunities is to become a domain name reseller and sell domains to end users, gaining profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered every day, and there are millions of currently functioning domains, so this is a blossoming business niche that you can be involved in.
TLDs and SLDs
A domain comprises 2 entities - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic top-level domain names include the most widely used domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs consist of 2-letter abbreviations that correspond to each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code Top-Level Domain, has a Registry - an organization that deals with the registrations and sets the preconditions that each particular Top-Level Domain may have, such as the length of the registration term or the citizenship of the registrant. Certain Registrar firms work under the Registry. These are the firms that in fact sell the domain name to customers and handle all DNS resource records.
Gain Money From Reselling Domain Names
Multiple Registrars have reseller programs that enable individuals to earn cash from offering domains to end users. If you subscribe to such a program, you can kickstart your own electronic business. Commonly, a domain will cost less if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end client. The explanation is that resellers can reach more users in local regions or states where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both sides will earn a profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar charges for the domain name registration.
Resell TLDs Under Your Own Personal Brand Name
When you subscribe to a domain reseller program, you will get a web space hosting CP where you can set the prices for the different top-level domain names that the Registrar offers. Most corporations also provide invoice software and web themes for your virtual store, and the automation of the whole procedure together with the significant demand for domains make the domain name reseller business so tempting. You will either have a ready-for-use web site and utilize the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can build your own web page and form for placing orders. Normally, you have the option to select between the 2 alternatives, so it all revolves around how accomplished you are in these affairs. As a domain reseller, you will operate under your very own personal brand and not on behalf of the Registrar's.
Earn Money From Providing Web Page Hosting Plans As Well
A proper addition to your domain reseller business would be to sell web hosting solutions as well. Thus, you can give a package deal to customers who would like to run their site and need both a domain name and a web hosting package. A number of companies supply such options. With 'ResellersPanel', for example, you can purchase a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and charge-free billing software to charge your clients. You can then sell TLDs and shared website hosting accounts to clients, and since they offer lots of different domain name extensions, you will be able to offer domain and hosting services to persons from all around the globe.