Domain name reseller
The Internet is an ever-flourishing platform that offers new ways to earn money on the Internet. One of these opportunities is to be a domain reseller and sell domain names to end customers, generating revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered every day, and there are 1 000 000's of presently active domains, so this is a blooming marketing niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain name is composed of two entities - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick 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 gTLDs comprise the best known domain extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs contain two-letter abbreviations that denote each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic Top-Level Domain or a country-code Top-Level Domain, has a Registry - an institution that is responsible for the registrations and sets the prerequisites that each concrete TLD may include, like the length of the registration period or the residency of the registrant. A number of Registrar firms work under the Registry. These are the companies that in fact sell the domain name to customers and manage all domain name records.
Earn Money From Trading Domain Names
Plenty of Registrars have reseller programs that enable people to earn money from offering domains to end users. If you subscribe to such a program, you can launch your own online business. Regularly, a domain will be cheaper if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end user. The explanation is that resellers can contact more clients in regional districts or countries where the Registrar may not be famous at all. This implies more sales for the Registrar, so both parties will cash in on that. Your revenue will be the difference between the price that the user pays and the one that the Registrar imposes for the domain registration.
Trade TLDs Under Your Personal Trademark Name
When you register with a domain reseller program, you will have a web hosting Control Panel where you can set the prices for the separate Top-Level Domains that the Registrar offers. Most companies also offer billing management software and design skins for your online storefront, and the automation of the entire procedure combined with the high demand for domains render the domain reseller business so desirable. You will either obtain a pre-built site and make use of the Registrar platform to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your very own online portal and order form. Commonly, you have the option to decide between the two alternatives, so it all depends on how advanced you are in these things. As a domain reseller, you will sell on behalf of your own personal trademark name and not on behalf of the Registrar's brand.
Earn Money From Reselling Web Space Hosting Plans Too
A sensible supplement to your domain name reseller business would be to sell web hosting services as well. Thus, you can offer a package deal to persons who desire to make their website and demand both a domain name and a web hosting account. Given corporations furnish such options. With 'ResellersPanel', for example, you can purchase a VPS or a dedicated server, and they will also offer you a domain reseller account and cost-free invoice transaction software to bill your clients. You can then sell top-level domain names and shared website hosting plans to clients, and since they provide a lot of different domain extensions, you will be able to provide domain name and hosting services to users from all around the globe.