Domain name reseller
The Internet is an ever-flourishing platform that furnishes new possibilities to make money on the Web. One of these opportunities is to become a domain name 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 domains are registered every day, and there are millions of currently functioning domain names, so this is a developing trading niche that you can become involved in.
Top-Level and Second-Level Domains
A domain is made of 2 entities - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic TLDs include the best known domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names contain two-character abbreviations that denote each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a country-code top-level domain name, has a Registry - an organization that tackles the registrations and sets the prerequisites that each given Top-Level Domain may impose, like the length of the registration term or the residency of the registrant. A number of Registrar companies work under the Registry. These are the companies that in fact sell the domain name to customers and administer all domain resource records.
Make Money From Selling Domain Names
Plenty of Registrars have reseller programs that enable people to earn revenue from offering domains to end customers. If you sign up for such a program, you can kickstart your own web business. Generally, a domain name will be more inexpensive if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end user. The reason is that resellers can contact more customers in areas or countries where the Registrar may not be known at all. This means more sales for the Registrar, so both sides will earn a profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar requires for the domain registration.
Trade TLDs On Behalf Of Your Own Personal Brand Name
When you sign up for a domain name reseller program, you will obtain a website hosting CP where you can select the prices for the individual Top-Level Domains that the Registrar offers. Most firms also offer invoice transaction software and web site skins for your virtual store, and the automation of the whole process coupled with the swelling demand for domain names make the domain reseller business so alluring. You will either obtain a pre-developed web site and use the Registrar platform to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can build your own portal and order form. Commonly, you have the opportunity to pick between the 2 alternatives, so it all revolves around how advanced you are in these issues. As a domain reseller, you will operate on behalf of your very own personal brand name and not on behalf of the Registrar's.
Gain Profit From Offering Web Space Hosting Plans Too
A relevant supplement to your domain reseller business would be to sell web hosting accounts too. Thereby, you can give a package deal to people who would like to create their site and demand both a domain name and a site hosting package. Certain corporations furnish such options. With 'ResellersPanel', for example, you can manage a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and charge-free invoicing transaction software to charge your customers. You can then sell TLDs and shared web hosting accounts to clients, and since they provide lots of different domain extensions, you will be able to provide domain and hosting services to clients from all over the world.