Domain name reseller
The Internet is an ever-flourishing system that offers new ways to earn money online. One of these possibilities is to become a domain name reseller and offer domain names to end customers, earning revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered every day, and there are 1 000 000's of currently active domain names, so this is a growing business niche that you can be involved in.
TLDs and SLDs
A domain name is composed of 2 pieces - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic TLDs include the most popular domain name extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs comprise two-letter abbreviations that denote 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 top-level domain name, has a Registry - an institution that deals with the registrations and determines the preconditions that each specific Top-Level Domain may have, like the length of the registration period or the residency of the registrant. A number of Registrar companies work under the Registry. These are the companies that in fact offer the domain name to clients and manage all domain resource records.
Gain Revenue From Trading Domains
Multiple Registrars have reseller programs that enable people to make cash from selling domain names to end users. If you subscribe to such a program, you can commence your own personal electronic business. Regularly, a domain name will be more inexpensive if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end customer. The reason is that resellers can reach more individuals in local regions or countries where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both sides will cash in 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 TLDs Under Your Very Own Personal Trademark Name
When you register with a domain name reseller program, you will have a website hosting Control Panel where you can settle the prices for the individual Top-Level Domains that the Registrar provides. Most corporations also offer billing management software and web page skins for your web shop, and the automation of the whole process together with the swelling demand for domain names make the domain name reseller business niche so desirable. You will either acquire a ready-made web site 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 own site and order form. Commonly, you have the option to choose between the two possibilities, so it all revolves around how expert you are in these matters. As a domain reseller, you will operate on behalf of your own personal trademark name and not on behalf of the Registrar's.
Make Revenue From Supplying Webspace Hosting Solutions Too
An adequate supplement to your domain reseller business would be to sell web hosting packages as well. Thereby, you can give a package deal to persons who want to establish their online portal and require both a domain and a web hosting package. Certain companies have such options. With 'ResellersPanel', for instance, you can manage a VPS or a dedicated server, and they will also offer you a domain reseller account and free invoice management software to bill your customers. You can then sell domain names and shared website hosting accounts to clients, and since they provide a lot of diverse domain extensions, you will be able to offer domain name and hosting services to clients from all around the world.