Domain name reseller
The World Wide Web is an ever-enlarging network that furnishes new opportunities to gain money online. One of these options is to be a domain reseller and offer domains to end clients, generating revenue 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 1 000 000's of presently active domain names, so this is a growing business niche that you can become involved in.
TLDs and SLDs
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 top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic top-level domain names comprise the most widespread domain name extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs include 2-letter abbreviations that signify each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code top-level domain name, has a Registry - an organization that deals with the registrations and determines the prerequisites that each given top-level domain name may entail, among them the length of the registration term or the residency of the registrant. Certain Registrar companies operate under the Registry. These are the corporations that in fact sell the domain name to customers and administer all domain name records.
Make Profit From Selling Domains
Numerous Registrars have reseller programs that allow people to earn revenue from selling domain names to end customers. If you subscribe to such a program, you can initiate your own personal Internet business. As a rule, a domain name will cost less if it is registered via a reseller rather than if it is bought straight from the Registrar by an end client. The reason is that resellers can reach more people in regional districts or states where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both parties will earn a profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar imposes for the domain registration.
Offer Top-Level Domain Names Under Your Personal Trademark Name
When you register with a domain name reseller program, you will acquire a web site hosting CP where you can fix the prices for the various Top-Level Domains that the Registrar offers. Most corporations also offer invoicing software and website layouts for your virtual storefront, and the automation of the entire procedure together with the enlarging demand for domains make the domain name reseller market so tempting. You will either obtain a ready-made site and make use of the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your own personal web page and form for placing orders. Usually, you have the opportunity to decide between the 2 options, so it all depends on how practiced you are in these matters. As a domain reseller, you will do business on behalf of your own personal brand and not on behalf of the Registrar's brand.
Make Money From Reselling Site Hosting Packages Too
A relevant addition to your domain reseller business would be to sell web hosting accounts too. Thus, you can offer a package deal to individuals who wish to build their web portal and need both a domain and a hosting account. A few companies offer such options. With 'ResellersPanel', for instance, you can run a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and free-of-cost billing transaction software to bill your customers. You can then sell domains and shared website hosting plans to customers, and since they provide lots of different domain extensions, you will be able to offer domain and hosting services to persons from all around the world.