Domain name reseller
The World Wide Web is an ever-growing system that delivers new possibilities to gain money online. One of these options is to become a domain name reseller and offer domains to end customers, making revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered every day, and there are millions of presently active domains, so this is a developing business niche that you can be a part of.
TLDs and SLDs
A domain name contains two constituents - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic TLDs include the most popular domain extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs consist of 2-letter abbreviations that correspond to each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code TLD, has a Registry - an organization that administers the registrations and determines the preconditions that each given top-level domain name may include, including the duration of the registration term or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the companies that actually sell the domain name to clients and handle all domain name records.
Gain Revenue From Trading Domains
Many Registrars have reseller programs that enable people to gain revenue from selling domains to end clients. If you subscribe to such a program, you can build your own Internet business. Usually, a domain will be more inexpensive if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end customer. The reason is that resellers can reach more people in local districts or countries where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both parties will profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar levies for the domain name registration.
Offer TLDs On Behalf Of Your Very Own Brand Name
When you subscribe to a domain reseller program, you will receive a web site hosting CP where you can fix the prices for the various Top-Level Domains that the Registrar offers. Most corporations also provide billing software and web layouts for your web storefront, and the automation of the entire process coupled with the swelling demand for domain names make the domain reseller business so alluring. You will either get a pre-built website and utilize the Registrar platform to sell domains, or they will give you access to their API (Application Programming Interface) so that you can build your own web portal and form for placing orders. Commonly, you have the opportunity to choose between the 2 options, so it all depends on how practiced you are in these affairs. As a domain name reseller, you will operate under your own personal brand and not on behalf of the Registrar's.
Earn Money From Reselling Website Hosting Plans Too
A relevant addition to your domain reseller business would be to sell web hosting accounts as well. In this way, you can offer a package deal to people who desire to establish their web page and demand both a domain and a web hosting account. Given companies have 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 name reseller account and free invoice transaction software to bill your clients. You can then sell domain names and shared web hosting accounts to clients, and since they offer lots of different domain extensions, you will be able to provide domain and hosting services to customers from all over the globe.