Domain name reseller
The Internet is an ever-expanding community that generates new possibilities to earn money online. One of them is to become a domain name reseller and sell domain names to end customers, making profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered each and every day, and there are millions of currently functioning domain names, so this is a thriving business niche that you can become a part of.
TLDs and SLDs
A domain name is made of 2 pieces - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic Top-Level Domains include the most widespread domain extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs are composed of two-letter 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 name or a country-code TLD, has a Registry - an institution that manages the registrations and determines the preconditions that each given Top-Level Domain may entail, including the length of the registration term or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the firms that in fact sell the domain name to clients and manage all domain resource records.
Make Profit From Selling Domain Names
Numerous Registrars have reseller programs that permit individuals to make cash from offering domain names to end customers. If you sign up for such a program, you can set up your own e-business. Generally, a domain will be more inexpensive if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end user. The reason 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 profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar charges for the domain registration.
Trade Top-Level Domain Names On Behalf Of Your Own Personal Trademark Name
When you subscribe to a domain reseller program, you will obtain a webspace hosting Control Panel where you can select the prices for the individual top-level domain names that the Registrar provides. Most corporations also provide invoice management software and web site templates for your online store, and the automation of the whole process combined with the significant demand for domains render the domain reseller market so tempting. You will either have a ready-to-use website and use the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can build your very own personal website and form for placing orders. Typically, you have the option to select between the two options, so it all depends on how accomplished you are in these affairs. As a domain reseller, you will operate under your personal trademark name and not on behalf of the Registrar's brand.
Gain Profit From Promoting Site Hosting Plans Too
A reasonable supplement to your domain reseller business would be to sell web hosting services too. In this way, you can offer a package deal to customers who wish to manage their online portal and need both a domain name and a web space hosting package. A few firms supply such options. With 'ResellersPanel', for instance, you can run 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 bill your customers. You can then sell Top-Level Domains and shared web hosting packages to customers, and since they provide lots of diverse domain extensions, you will be able to provide domain name and hosting services to people from all over the globe.