Domain name reseller
The Internet is an ever-flourishing network that supplies new options to make money on the Web. One of these ways is to become a domain reseller and offer domain names to end users, generating revenue from the difference between the wholesale and the retail cost 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 flourishing marketing niche that you can be a part of.
Top-Level and Second-Level Domains
A domain name comprises 2 components - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic top-level domain names comprise the most conventional domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names consist of 2-letter abbreviations that denote each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code Top-Level Domain, has a Registry - an organization that handles the registrations and determines the prerequisites that each particular Top-Level Domain may impose, including the length of the registration period or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the firms that in fact offer the domain name to customers and handle all DNS resource records.
Make Money From Selling Domains
Many Registrars have reseller programs that permit individuals to earn cash from selling domain names to end customers. If you register with such a program, you can establish your very own personal electronic business. Typically, a domain will cost less if it is registered via a reseller rather than if it is bought directly from the Registrar by an end customer. The reason is that resellers can reach more individuals in local regions or states where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both sides will cash in on that. Your revenue will be the difference between the price that the client pays and the one that the Registrar levies for the domain name registration.
Resell TLDs Under Your Own Personal Brand Name
When you subscribe to a domain name reseller program, you will acquire a web page hosting Control Panel where you can determine the prices for the individual top-level domain names that the Registrar offers. Most firms also offer billing transaction software and templates for your virtual storefront, and the automation of the entire process combined with the growing demand for domain names render the domain name reseller market niche so tempting. You will either have a ready-for-use site and utilize the Registrar platform to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can build your own personal online portal and order form. Generally, you have the opportunity to select between the two possibilities, so it all revolves around how skilled you are in these affairs. As a domain name reseller, you will operate under your very own personal trademark name and not under the Registrar's.
Earn Money From Providing Webspace Hosting Services As Well
A suitable supplement to your domain reseller business would be to sell web hosting services too. Thus, you can give a package deal to users who wish to build their website and demand both a domain name and a webspace hosting package. Given companies provide such options. With 'ResellersPanel', for example, you can run a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and free-of-cost invoicing transaction software to charge your customers. You can then offer domain names and shared web hosting accounts to clients, and since they provide many diverse domain extensions, you will be able to offer domain name and hosting services to people from all over the world.