Domain name reseller
The World Wide Web is an ever-enlarging network that offers new possibilities to gain money online. One of these possibilities is to become a domain reseller and sell domains to end users, making 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 presently functioning domains, so this is a growing trading niche that you can become a part of.
TLDs and SLDs
A domain name includes 2 constituents - 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 Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The gTLDs comprise the most common domain extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names include 2-letter abbreviations that represent 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 one, has a Registry - an organization that manages the registrations and determines the prerequisites that each specific top-level domain name may impose, such as the duration of the registration period or the residency of the registrant. A number of Registrar corporations work under the Registry. These are the firms that in fact sell the domain name to clients and manage all domain name resource records.
Gain Money From Trading Domain Names
Plenty of Registrars have reseller programs that permit people to gain money from selling domain names to end customers. If you subscribe to such a program, you can kick off your very own e-business. Commonly, a domain will be more inexpensive if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end customer. The reason is that resellers can reach more clients in local districts or states where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both sides will capitalize on that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar charges for the domain registration.
Sell TLDs On Behalf Of Your Very Own Personal Trademark Name
When you sign up for a domain reseller program, you will have a webspace hosting CP where you can fix the prices for the separate TLDs that the Registrar offers. Most companies also offer billing management software and web design layouts for your virtual storefront, and the automation of the whole procedure combined with the vast demand for domains make the domain reseller business so attractive. You will either have a pre-developed web site and use the Registrar platform to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your very own web page and form for placing orders. Typically, you have the option to pick between the 2 alternatives, so it all depends on how skilled you are in these issues. As a domain name reseller, you will operate under your very own personal brand name and not on behalf of the Registrar's.
Earn Money From Supplying Web Hosting Services Too
A perfect supplement to your domain reseller business would be to sell web hosting services too. Thus, you can offer a package deal to customers who want to launch their web portal and require both a domain name and a website hosting account. Some companies offer 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 reseller account and cost-free invoice management software to bill your clients. You can then offer Top-Level Domains and shared website hosting accounts to clients, and since they offer lots of diverse domain extensions, you will be able to offer domain and hosting services to customers from all around the world.