Domain name reseller
The World Wide Web is an ever-growing system that provides new opportunities to gain cash on the Internet. One of these possibilities is to become a domain name reseller and sell domains to end users, making revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered every day, and there are 1 000 000's of presently functioning domains, so this is a thriving trading niche that you can be involved in.
TLDs and SLDs
A domain name consists of 2 components - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take 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 TLDs can be generic or country code. The gTLDs comprise the most popular domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains contain two-character abbreviations that correspond to each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a ccTLD, has a Registry - an institution that tackles the registrations and sets the requirements that each particular TLD may have, like the duration of the registration term or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the companies that in fact sell the domain name to clients and manage all domain name records.
Gain Revenue From Trading Domain Names
Many Registrars have reseller programs that allow individuals to earn cash from offering domains to end users. If you subscribe to such a program, you can build your very own personal e-business. Generally, a domain will be more inexpensive if it is registered via a reseller rather than if it is bought directly from the Registrar by an end client. The cause is that resellers can reach more individuals in local regions or countries where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both parties will capitalize on that. Your revenue will be the difference between the price that the user pays and the one that the Registrar charges for the domain name registration.
Resell Domains On Behalf Of Your Own Personal Brand
When you register with a domain name reseller program, you will obtain a website hosting Control Panel where you can set the prices for the separate Top-Level Domains that the Registrar offers. Most firms also provide billing management software and web site themes for your web storefront, and the automation of the entire process coupled with the proliferating demand for domain names make the domain reseller market niche so desirable. You will either get a ready-to-use website and use the Registrar system to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can create your own personal website and form for placing orders. Traditionally, you have the option to select between the two alternatives, so it all revolves around how proficient you are in these matters. As a domain name reseller, you will work under your personal brand name and not under the Registrar's brand.
Make Profit From Promoting Hosting Services Too
A good addition to your domain name reseller business would be to sell web hosting accounts as well. Thus, you can offer a package deal to clients who would like to launch their web portal and require both a domain name and a hosting account. Some corporations have such options. With 'ResellersPanel', for example, you can manage a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and charge-free invoice management software to bill your clients. You can then offer top-level domain names and shared hosting plans to clients, and since they provide a lot of different domain name extensions, you will be able to offer domain name and hosting services to customers from all around the world.