Domain name reseller
The Internet is an ever-enlarging platform that offers new ways to gain cash online. One of these possibilities is to become a domain name reseller and offer domain names to end customers, generating revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered each and every day, and there are 1 000 000's of currently active domain names, so this is a blossoming business niche that you can be engaged in.
TLDs and SLDs
A domain name contains 2 components - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the top-level domain name 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 widely used domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs include two-character abbreviations that symbolize each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a country-code Top-Level Domain, has a Registry - an organization that handles the registrations and determines the requirements that each given top-level domain name may have, such as the duration of the registration period or the citizenship of the registrant. A number of Registrar corporations work under the Registry. These are the companies that in fact offer the domain name to customers and handle all domain name resource records.
Make Money From Reselling Domains
A lot of Registrars have reseller programs that enable individuals to earn revenue from selling domain names to end clients. If you sign up for such a program, you can launch your own personal e-business. Usually, a domain name will be more inexpensive if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end customer. The cause is that resellers can contact more individuals in regional districts or countries where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both parties will cash in on that. Your profit will be the difference between the price that the client pays and the one that the Registrar charges for the domain registration.
Offer TLDs Under Your Very Own Personal Brand
When you subscribe to a domain name reseller program, you will get a web space hosting Control Panel where you can fix the prices for the different top-level domain names that the Registrar offers. Most companies also provide invoice software and design layouts for your online storefront, and the automation of the entire process together with the increasing demand for domain names render the domain name reseller industry so desirable. You will either have a pre-made website and avail of the Registrar system to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can create your own personal website and order form. Generally, you have the option to pick between the two alternatives, so it all revolves around how trained you are in these affairs. As a domain reseller, you will do business on behalf of your very own trademark name and not under the Registrar's brand.
Make Revenue From Trading Hosting Accounts As Well
An excellent addition to your domain reseller business would be to sell web hosting plans as well. In this way, you can give a package deal to clients who want to launch their web page and demand both a domain name and a web space hosting account. A number of corporations offer such options. With 'ResellersPanel', for instance, you can purchase a VPS or a dedicated server, and they will also give you a domain name reseller account and free-of-charge billing transaction software to charge your clients. You can then sell domains and shared website hosting packages to customers, and since they provide a lot of diverse domain extensions, you will be able to provide domain and hosting services to clients from all around the globe.