Domain name reseller
The World Wide Web is an ever-increasing network that furnishes new possibilities to gain cash on the Internet. One of these ways is to become a domain name reseller and offer domains to end users, making revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered each and every day, and there are 1 000 000's of currently functioning domains, so this is a thriving trading niche that you can become a part of.
TLDs and SLDs
A domain name includes two pieces - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic TLDs include the most common domain name extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names consist of 2-letter abbreviations that stand for each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code top-level domain name, has a Registry - an organization that deals with the registrations and sets the requirements that each specific Top-Level Domain may include, among them the length of the registration period or the citizenship of the registrant. Certain Registrar companies operate under the Registry. These are the companies that in fact sell the domain name to customers and handle all DNS records.
Gain Money From Offering Domain Names
Lots of Registrars have reseller programs that permit people to make revenue from offering domain names to end users. If you register with such a program, you can establish your own personal online business. Typically, a domain will be cheaper if it is registered via a reseller rather than if it is bought directly from the Registrar by an end customer. The reason is that resellers can contact more people in regions or countries where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both parties will benefit 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 registration.
Resell Top-Level Domains Under Your Personal Brand
When you sign up for a domain reseller program, you will have a website hosting CP where you can fix the prices for the individual top-level domain names that the Registrar offers. Most firms also provide invoicing transaction software and website templates for your virtual storefront, and the automation of the whole process coupled with the large demand for domain names render the domain reseller market so seductive. You will either get a pre-made web site and utilize the Registrar system to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can create your own online portal and form for placing orders. Traditionally, you have the opportunity to pick between the two alternatives, so it all depends on how proficient you are in these things. As a domain name reseller, you will operate on behalf of your very own personal brand and not under the Registrar's.
Earn Profit From Promoting Web Site Hosting Services As Well
A logical addition to your domain name reseller business would be to sell web hosting accounts as well. Thereby, you can offer a package deal to customers who desire to establish their web portal and require both a domain name and a web space hosting account. Some corporations have such options. With 'ResellersPanel', for instance, you can run a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and free-of-charge invoice transaction software to charge your clients. You can then offer Top-Level Domains and shared website hosting accounts to clients, and since they provide plenty of different domain name extensions, you will be able to offer domain and hosting services to clients from all around the globe.