Domain name reseller
The Internet is an ever-increasing platform that generates new options to gain cash on the Web. One of these possibilities is to become a domain reseller and offer domain names to end clients, gaining revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered each day, and there are millions of currently functioning domain names, so this is a growing business niche that you can become a part of.
TLDs and SLDs
A domain comprises 2 components - a top-level domain name (TLD) and a Second-Level Domain (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 generic TLDs include the most conventional domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names include 2-letter abbreviations that represent each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a country-code TLD, has a Registry - an institution that tackles the registrations and determines the requirements that each given top-level domain name may impose, such as the length of the registration term or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the firms that actually sell the domain name to customers and administer all domain name records.
Earn Money From Offering Domain Names
Many Registrars have reseller programs that enable people to gain cash from offering domains to end customers. If you sign up for such a program, you can initiate your own Internet business. Regularly, a domain will cost less if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end customer. The explanation is that resellers can contact more people in provinces or states where the Registrar may not be famous at all. 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 user pays and the one that the Registrar imposes for the domain name registration.
Trade Top-Level Domains Under Your Own Personal Trademark Name
When you subscribe to a domain name reseller program, you will have a web hosting Control Panel where you can determine the prices for the different TLDs that the Registrar provides. Most companies also offer billing software and web page layouts for your online store, and the automation of the entire process coupled with the considerable demand for domain names make the domain name reseller industry so attractive. You will either receive a pre-made website and utilize the Registrar system to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can make your own personal web site and order form. Commonly, you have the option to pick between the two alternatives, so it all revolves around how proficient you are in these affairs. As a domain reseller, you will operate under your own personal trademark name and not on behalf of the Registrar's brand.
Earn Revenue From Promoting Web Site Hosting Solutions As Well
An excellent supplement to your domain reseller business would be to sell web hosting services as well. Thereby, you can offer a package deal to people who would like to develop their site and require both a domain and a hosting package. Certain companies offer such options. With 'ResellersPanel', for example, you can have a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and cost-free invoice software to bill your clients. You can then sell top-level domain names and shared web hosting accounts to clients, and since they provide lots of diverse domain name extensions, you will be able to provide domain name and hosting services to customers from all over the world.