Domain name reseller
The Internet is an ever-flourishing community that generates new ways to gain cash online. One of these possibilities is to be a domain name reseller and offer domains to end users, earning profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered each day, and there are millions of currently functioning domain names, so this is a blossoming trading niche that you can become a part of.
TLDs and SLDs
A domain name is composed of 2 components - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the SLD.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The gTLDs include the best known domain extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains consist of two-character abbreviations that symbolize each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a country-code one, has a Registry - an organization that tackles the registrations and sets the preconditions that each specific TLD may have, such as the length of the registration period or the residency of the registrant. Certain Registrar firms work under the Registry. These are the corporations that actually offer the domain name to clients and administer all domain records.
Make Money From Selling Domain Names
Numerous Registrars have reseller programs that permit individuals to gain revenue from offering domains to end users. If you sign up for such a program, you can launch your very own Internet business. As a rule, a domain will cost less 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 individuals in local regions or countries where the Registrar may not be popular whatsoever. 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 client pays and the one that the Registrar requires for the domain name registration.
Offer Domains Under Your Own Personal Brand
When you subscribe to a domain reseller program, you will acquire a web site hosting Control Panel where you can fix the prices for the specific TLDs that the Registrar offers. Most corporations also provide billing management software and site layouts for your web storefront, and the automation of the entire process coupled with the great demand for domains make the domain name reseller business so attractive. You will either obtain a pre-made web site and avail of the Registrar platform to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can make your own personal online portal and form for placing orders. Typically, you have the opportunity to choose between the 2 alternatives, so it all depends on how trained you are in these matters. As a domain name reseller, you will do business under your own brand name and not on behalf of the Registrar's.
Earn Cash From Selling Web Page Hosting Accounts As Well
A nice addition to your domain name reseller business would be to sell web hosting services too. Thereby, you can give a package deal to individuals who desire to run their web portal and demand both a domain name and a web hosting package. A few corporations supply such options. With 'ResellersPanel', for instance, you can purchase a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and cost-free invoicing transaction software to charge your customers. You can then sell top-level domain names and shared website hosting plans to customers, and since they offer plenty of diverse domain name extensions, you will be able to provide domain name and hosting services to people from all over the world.