Domain name reseller
The Internet is an ever-growing platform that provides new possibilities to gain cash on the Web. One of these ways is to become a domain reseller and offer domains to end customers, earning revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered each day, and there are millions of currently active domain names, so this is a flourishing trading niche that you can be a part of.
TLDs and SLDs
A domain is made of 2 pieces - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic top-level domain names include the best known domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains are made of two-character abbreviations that symbolize each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code top-level domain name, has a Registry - an institution that administers the registrations and sets the preconditions that each given top-level domain name may entail, including the length of the registration term or the citizenship of the registrant. Certain Registrar companies work under the Registry. These are the firms that actually offer the domain name to clients and handle all domain name records.
Earn Money From Selling Domains
Lots of Registrars have reseller programs that allow individuals to make revenue from selling domain names to end users. If you register with such a program, you can commence your own electronic business. Typically, a domain name will be more inexpensive if it is registered via a reseller rather than if it is bought straight from the Registrar by an end user. The reason is that resellers can contact more persons in regions or countries where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both parties will capitalize on that. Your revenue will be the difference between the price that the client pays and the one that the Registrar charges for the domain registration.
Sell Domains Under Your Own Personal Trademark Name
When you sign up for a domain reseller program, you will obtain a web space hosting CP where you can set the prices for the various TLDs that the Registrar provides. Most companies also provide billing transaction software and site skins for your online storefront, and the automation of the entire procedure together with the growing demand for domain names make the domain reseller business niche so attractive. You will either acquire a ready-to-use web site and utilize the Registrar platform to resell domains, or they will give you access to their API (Application Programming Interface) so that you can set up your very own personal web portal and form for placing orders. Traditionally, you have the opportunity to select between the two options, so it all depends on how trained you are in these issues. As a domain name reseller, you will work on behalf of your own personal brand and not on behalf of the Registrar's.
Make Money From Supplying Webspace Hosting Packages As Well
A logical supplement to your domain name reseller business would be to sell web hosting accounts as well. In this way, you can give a package deal to clients who would like to launch their web page and require both a domain name and a web site hosting account. A few companies supply such options. With 'ResellersPanel', for example, you can purchase a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and free invoice transaction software to charge your customers. You can then offer Top-Level Domains and shared hosting accounts to customers, and since they offer plenty of diverse domain name extensions, you will be able to provide domain and hosting services to users from all over the world.