Domain name reseller
The World Wide Web is an ever-developing community that provides new possibilities to make money online. One of these options is to be a domain reseller and offer domain names to end customers, generating profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered each day, and there are millions of presently active domain names, so this is a flourishing business niche that you can be a part of.
TLDs and SLDs
A domain is made of 2 components - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the TLD 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 Domains comprise the most popular domain extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains comprise 2-letter abbreviations that signify each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a country-code one, has a Registry - an organization that tackles the registrations and sets the preconditions that each concrete TLD may involve, such as the length of the registration term or the citizenship of the registrant. A number of Registrar firms operate under the Registry. These are the firms that actually sell the domain name to clients and administer all DNS records.
Earn Money From Selling Domains
Numerous Registrars have reseller programs that allow people to gain revenue from offering domains to end users. If you sign up for such a program, you can initiate your very own electronic business. Commonly, a domain will be more inexpensive if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end user. The explanation is that resellers can contact more people in areas or states where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both parties will take advantage of that. Your profit will be the difference between the price that the customer pays and the one that the Registrar levies for the domain registration.
Resell Top-Level Domains On Behalf Of Your Personal Brand Name
When you subscribe to a domain reseller program, you will receive a website hosting CP where you can fix the prices for the various top-level domain names that the Registrar offers. Most corporations also offer billing transaction software and design templates for your online store, and the automation of the whole process combined with the huge demand for domains make the domain name reseller business so desirable. You will either obtain a pre-built web site and make use of the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your own personal web site and order form. Typically, you have the opportunity to select between the two possibilities, so it all depends on how trained you are in these affairs. As a domain name reseller, you will do business on behalf of your own personal brand name and not under the Registrar's.
Earn Cash From Trading Hosting Services As Well
An appropriate addition to your domain reseller business would be to sell web hosting solutions as well. Thereby, you can offer a package deal to individuals who desire to build their online portal and demand both a domain name and a webspace hosting package. Certain corporations offer 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 cost-free invoice software to charge your clients. You can then sell Top-Level Domains and shared website hosting accounts to customers, and since they offer lots of different domain name extensions, you will be able to offer domain name and hosting services to people from all over the globe.