Domain name reseller
The World Wide Web is an ever-growing network that generates new ways to earn money on the Web. One of these possibilities is to be a domain reseller and offer domains to end clients, generating revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered each day, and there are 1 000 000's of currently functioning domain names, so this is a flowering trading niche that you can become involved in.
TLDs and SLDs
A domain consists of two pieces - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most conventional domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains comprise 2-letter abbreviations that symbolize each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a country-code Top-Level Domain, has a Registry - an institution that administers the registrations and determines the prerequisites that each concrete TLD may have, like the duration of the registration term or the citizenship of the registrant. Certain Registrar corporations operate under the Registry. These are the companies that in fact offer the domain name to clients and manage all domain records.
Make Cash From Selling Domains
Multiple Registrars have reseller programs that allow individuals to earn money from selling domains to end clients. If you register with such a program, you can build your own online business. Usually, a domain will be cheaper if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end customer. The reason is that resellers can contact more individuals in regions or states where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides will profit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar imposes for the domain name registration.
Offer Domain Names Under Your Personal Trademark Name
When you subscribe to a domain name reseller program, you will get a web page hosting Control Panel where you can set the prices for the individual Top-Level Domains that the Registrar provides. Most firms also provide invoice transaction software and web page skins for your virtual storefront, and the automation of the entire process combined with the large demand for domains render the domain name reseller market so tempting. You will either have a ready-for-use website and use the Registrar system to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can create your very own web portal and form for placing orders. Normally, you have the opportunity to decide between the two alternatives, so it all revolves around how advanced you are in these affairs. As a domain reseller, you will sell under your very own brand and not on behalf of the Registrar's.
Gain Revenue From Offering Website Hosting Plans As Well
A nice addition to your domain name reseller business would be to sell web hosting services as well. In this way, you can offer a package deal to clients who want to create their web site and require both a domain and a hosting account. Given companies furnish such options. With 'ResellersPanel', for example, you can manage a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and free-of-cost invoice management software to bill your clients. You can then offer top-level domain names and shared hosting accounts to clients, and since they provide many different domain name extensions, you will be able to provide domain and hosting services to customers from all around the globe.