Domain name reseller
The World Wide Web is an ever-developing platform that delivers new possibilities to make money online. One of these options is to be a domain reseller and sell domains to end users, generating revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each and every day, and there are millions of currently functioning domains, so this is a developing business niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain contains 2 entities - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic TLDs comprise the most widely used domain extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains involve two-letter abbreviations that symbolize each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a country-code TLD, has a Registry - an institution that tackles the registrations and sets the preconditions that each specific TLD may have, including the length of the registration period or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the companies that actually offer the domain name to customers and manage all domain records.
Earn Revenue From Reselling Domains
Lots of Registrars have reseller programs that allow people to make money from selling domains to end customers. If you sign up for such a program, you can kick off your very own personal online business. Generally, a domain will be more inexpensive if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end customer. The reason is that resellers can contact more persons in regional districts or states where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both sides will cash in on that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar requires for the domain registration.
Offer Top-Level Domain Names Under Your Own Personal Brand
When you subscribe to a domain name reseller program, you will get a CP where you can choose the prices for the separate Top-Level Domains that the Registrar provides. Most firms also offer invoice software and skins for your online shop, and the automation of the entire process coupled with the proliferating demand for domain names render the domain reseller market so tempting. You will either have a pre-developed site and utilize the Registrar system to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can build your own website and order form. Traditionally, you have the opportunity to choose between the two options, so it all revolves around how proficient you are in these things. As a domain reseller, you will sell under your very own brand name and not under the Registrar's brand.
Make Profit From Trading Web Page Hosting Solutions Too
An excellent addition to your domain name reseller business would be to sell web hosting services too. In this way, you can offer a package deal to people who would like to set up their online portal and need both a domain and a webspace hosting package. Particular firms supply such options. With 'ResellersPanel', for instance, you can order a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and free-of-cost billing transaction software to charge your customers. You can then offer Top-Level Domains and shared web hosting packages to clients, and since they provide many different domain extensions, you will be able to provide domain name and hosting services to persons from all around the globe.