Domain name reseller
The World Wide Web is an ever-growing platform that generates new opportunities to gain money online. One of these ways is to become a domain reseller and offer domains to end users, making profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered each day, and there are 1 000 000's of currently functioning domain names, so this is a growing business niche that you can be engaged in.
TLDs and SLDs
A domain contains 2 components - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The gTLDs comprise the most conventional domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs involve two-character abbreviations that stand for each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, 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 preconditions that each concrete top-level domain name may have, like the length of the registration period or the citizenship of the registrant. A number of Registrar firms work under the Registry. These are the firms that actually offer the domain name to clients and manage all domain resource records.
Earn Money From Offering Domains
A lot of Registrars have reseller programs that permit people to gain money from selling domain names to end clients. If you register with such a program, you can kick off your very own e-business. Regularly, a domain will be cheaper if it is registered through a reseller rather than if it is bought directly from the Registrar by an end user. The explanation is that resellers can reach more customers in regional communities or states where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both parties will capitalize on that. Your profit will be the difference between the price that the user pays and the one that the Registrar charges for the domain name registration.
Sell Domain Names On Behalf Of Your Personal Trademark Name
When you sign up for a domain reseller program, you will have a web space hosting CP where you can settle the prices for the different Top-Level Domains that the Registrar offers. Most companies also provide billing management software and web site layouts for your online shop, and the automation of the whole process together with the vast demand for domains make the domain reseller market so attractive. You will either acquire a ready-for-use website and make use of the Registrar platform to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can build your own personal portal and order form. Normally, you have the option to select between the 2 possibilities, so it all depends on how expert you are in these matters. As a domain name reseller, you will work on behalf of your own brand name and not under the Registrar's.
Earn Revenue From Providing Web Hosting Services Too
A proper addition to your domain name reseller business would be to sell web hosting plans as well. Thereby, you can offer a package deal to people who desire to develop their web page and need both a domain name and a webspace hosting account. A number of corporations offer such options. With 'ResellersPanel', for instance, you can purchase a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and charge-free billing software to bill your clients. You can then offer Top-Level Domains and shared website hosting packages to customers, and since they offer many diverse domain extensions, you will be able to provide domain name and hosting services to persons from all over the globe.