Domain name reseller
The Internet is an ever-growing platform that generates new options to earn money on the Web. One of these opportunities is to become a domain reseller and offer domain names to end clients, generating profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered each day, and there are millions of presently functioning domains, so this is an increasing trading niche that you can become involved in.
TLDs and SLDs
A domain comprises two components - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic Top-Level Domains include the most widely used domain name extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs comprise two-character abbreviations that correspond to each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code TLD, has a Registry - an institution that manages the registrations and sets the preconditions that each particular top-level domain name may contain, such as the duration of the registration term or the residency of the registrant. Certain Registrar companies work under the Registry. These are the companies that actually sell the domain name to customers and manage all DNS resource records.
Gain Money From Trading Domain Names
Multiple Registrars have reseller programs that allow individuals to gain money from offering domains to end users. If you register with such a program, you can establish your very own electronic business. Generally, a domain name will be cheaper if it is registered via a reseller rather than if it is bought directly from the Registrar by an end customer. The explanation is that resellers can contact more clients in regional communities or countries where the Registrar may not be known at all. This means more sales for the Registrar, so both parties will make a profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar requires for the domain name registration.
Resell TLDs On Behalf Of Your Very Own Brand Name
When you subscribe to a domain reseller program, you will obtain a site hosting Control Panel where you can select the prices for the various Top-Level Domains that the Registrar offers. Most firms also offer invoice management software and website themes for your online store, and the automation of the whole procedure together with the vast demand for domains render the domain name reseller market so attractive. You will either get a turn-key web site and avail of the Registrar platform to sell domains, or they will give you access to their API (Application Programming Interface) so that you can build your very own web portal and order form. Commonly, you have the opportunity to decide between the two options, so it all revolves around how accomplished you are in these things. As a domain name reseller, you will sell on behalf of your very own trademark name and not on behalf of the Registrar's.
Make Revenue From Offering Site Hosting Solutions As Well
A logical supplement to your domain name reseller business would be to sell web hosting plans as well. In this way, you can give a package deal to individuals who want to develop their online portal and need both a domain and a web site hosting package. Certain companies provide such options. With 'ResellersPanel', for example, you can manage a VPS or a dedicated server, and they will also give you a domain name reseller account and free invoice software to bill your customers. You can then offer Top-Level Domains and shared web hosting packages to customers, and since they offer a lot of different domain name extensions, you will be able to offer domain and hosting services to clients from all around the world.