Domain name reseller
The Internet is an ever-increasing platform that provides new opportunities to gain money on the Web. One of these opportunities is to become a domain name reseller and offer domain names to end users, generating revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered every day, and there are 1 000 000's of currently functioning domains, so this is a blossoming trading niche that you can become a part of.
TLDs and SLDs
A domain name comprises two parts - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the SLD.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The gTLDs include the most famous domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs include 2-letter abbreviations that correspond to each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code top-level domain name, has a Registry - an institution that deals with the registrations and sets the requirements that each given top-level domain name may involve, such as the duration of the registration period or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the firms that actually offer the domain name to clients and administer all DNS resource records.
Earn Money From Selling Domains
Multiple Registrars have reseller programs that enable individuals to earn profit from offering domain names to end users. If you register with such a program, you can set up your very own web business. Normally, a domain name will cost less if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end client. The explanation is that resellers can reach more individuals in local communities or states where the Registrar may not be famous at all. This means more sales for the Registrar, so both parties will cash in on that. Your profit will be the difference between the price that the user pays and the one that the Registrar levies for the domain name registration.
Trade Domains Under Your Very Own Trademark Name
When you register with a domain name reseller program, you will obtain a site hosting CP where you can select the prices for the individual Top-Level Domains that the Registrar offers. Most firms also offer billing transaction software and themes for your online storefront, and the automation of the whole procedure coupled with the large demand for domains make the domain name reseller business so attractive. You will either have a turn-key website and use the Registrar platform to sell domains, or they will give you access to their API (Application Programming Interface) so that you can set up your very own personal web site and form for placing orders. Usually, you have the option to choose between the 2 alternatives, so it all depends on how proficient you are in these issues. As a domain name reseller, you will work on behalf of your own personal brand and not on behalf of the Registrar's brand.
Make Revenue From Offering Webspace Hosting Plans Too
An appropriate addition to your domain name reseller business would be to sell web hosting plans as well. In this way, you can give a package deal to users who desire to have their website and need both a domain and a site hosting account. Certain companies furnish such options. With 'ResellersPanel', for instance, you can have a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and charge-free invoice software to bill your customers. You can then offer top-level domain names and shared hosting packages to clients, and since they offer many different domain extensions, you will be able to offer domain name and hosting services to individuals from all over the world.