Domain name reseller
The World Wide Web is an ever-increasing platform that supplies new possibilities to gain money online. One of these possibilities is to become a domain reseller and sell domains to end clients, earning revenue from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered each and every day, and there are millions of presently functioning domains, so this is a blooming business niche that you can be involved in.
TLDs and SLDs
A domain is composed of 2 parts - 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 Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The gTLDs comprise the most widely used domain extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs are made of 2-letter abbreviations that stand for each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code Top-Level Domain, has a Registry - an institution that manages the registrations and determines the requirements that each specific TLD may impose, including the length of the registration term or the residency of the registrant. Certain Registrar companies operate under the Registry. These are the companies that in fact offer the domain name to clients and handle all domain records.
Earn Money From Offering Domains
Plenty of Registrars have reseller programs that enable people to gain profit from offering domain names to end clients. If you register with such a program, you can commence your own personal e-business. Commonly, a domain name will cost less if it is registered through a reseller rather than if it is bought straight from the Registrar by an end customer. The cause is that resellers can contact more customers in provinces or states where the Registrar may not be famous at all. This implies more sales for the Registrar, so both sides will capitalize on that. Your profit will be the difference between the price that the customer pays and the one that the Registrar levies for the domain registration.
Trade Top-Level Domains Under Your Personal Trademark Name
When you sign up for a domain name reseller program, you will acquire a web hosting Control Panel where you can determine the prices for the individual Top-Level Domains that the Registrar offers. Most corporations also provide invoice management software and web templates for your web store, and the automation of the whole process coupled with the big demand for domains render the domain name reseller market so attractive. You will either have a ready-made website and use the Registrar system to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your very own web portal and form for placing orders. Commonly, you have the opportunity to select between the two possibilities, so it all depends on how experienced you are in these affairs. As a domain name reseller, you will work under your own personal trademark name and not under the Registrar's brand.
Make Cash From Supplying Webspace Hosting Accounts As Well
A sensible supplement to your domain reseller business would be to sell web hosting solutions too. Thus, you can offer a package deal to individuals who wish to build their web site and require both a domain and a site hosting account. Some corporations offer such options. With 'ResellersPanel', for example, you can purchase a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and free-of-charge invoice software to charge your customers. You can then sell domains and shared hosting accounts to customers, and since they provide plenty of diverse domain extensions, you will be able to provide domain name and hosting services to people from all over the world.