Domain name reseller
The World Wide Web is an ever-enlarging platform that generates new options to earn money on the Web. One of these opportunities is to become a domain reseller and sell domain names to end customers, earning revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered every day, and there are 1 000 000's of currently active domains, so this is an expanding business niche that you can become involved in.
TLDs and SLDs
A domain is composed of 2 components - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic top-level domain names comprise the most famous domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names include 2-letter abbreviations that correspond to each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a ccTLD, has a Registry - an institution that manages the registrations and sets the prerequisites that each concrete top-level domain name may involve, including the duration of the registration term or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the companies that actually sell the domain name to customers and administer all DNS records.
Earn Money From Selling Domain Names
Many Registrars have reseller programs that permit people to gain cash from offering domains to end users. If you register with such a program, you can kickstart your very own personal web business. Normally, 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 user. The cause is that resellers can contact more customers in regional districts or countries where the Registrar may not be famous at all. 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 name registration.
Trade Domain Names On Behalf Of Your Very Own Trademark Name
When you sign up for a domain name reseller program, you will receive a web space hosting CP where you can choose the prices for the specific TLDs that the Registrar provides. Most corporations also provide billing management software and design templates for your virtual storefront, and the automation of the whole process coupled with the vast demand for domains make the domain reseller market so tempting. You will either get a pre-made website and avail of the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can build your very own website and form for placing orders. Traditionally, you have the option to pick between the 2 possibilities, so it all revolves around how advanced you are in these things. As a domain name reseller, you will do business under your very own personal brand name and not under the Registrar's brand.
Gain Revenue From Supplying Web Site Hosting Packages Too
A relevant addition to your domain reseller business would be to sell web hosting services too. In this way, you can give a package deal to clients who wish to set up their web portal and require both a domain name and a hosting account. A few corporations provide such options. With 'ResellersPanel', for instance, you can order a VPS or a dedicated server, and they will also give you a domain reseller account and free-of-charge invoicing transaction software to bill your clients. You can then offer Top-Level Domains and shared hosting packages to customers, and since they provide lots of diverse domain extensions, you will be able to provide domain and hosting services to persons from all over the globe.