Domain name reseller
The Internet is an ever-developing community that delivers new opportunities to earn money on the Web. One of these ways is to be a domain name reseller and sell domains to end customers, gaining revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered each day, and there are millions of currently active domain names, so this is a blossoming business niche that you can become a part of.
TLDs and SLDs
A domain name is composed of two components - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the SLD.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The gTLDs include the most conventional domain name extensions like .com, .net, .org, .mobi, .info, while the ccTLDs involve 2-character abbreviations that represent each country. Instances of country-code TLDs 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, has a Registry - an institution that tackles the registrations and sets the requirements that each given TLD may include, among them the duration of the registration term or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the companies that in fact offer the domain name to clients and administer all domain name resource records.
Make Cash From Selling Domain Names
A lot of Registrars have reseller programs that enable people to earn cash from offering domains to end clients. If you subscribe to such a program, you can establish your very own electronic business. Normally, a domain name will be cheaper if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end user. The explanation is that resellers can contact more clients in regions or states where the Registrar may not be famous at all. This implies more sales for the Registrar, so both parties will cash in on that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar levies for the domain name registration.
Resell Domains Under Your Own Personal Trademark Name
When you subscribe to a domain reseller program, you will obtain a web site hosting Control Panel where you can settle the prices for the different TLDs that the Registrar provides. Most firms also offer billing transaction software and web design skins for your online shop, and the automation of the entire process coupled with the huge demand for domain names render the domain reseller market niche so alluring. You will either receive a pre-made web site and utilize the Registrar platform to resell domains, or they will give you access to their API (Application Programming Interface) so that you can make your very own personal web page and form for placing orders. Traditionally, you have the opportunity to choose between the two possibilities, so it all revolves around how accomplished you are in these affairs. As a domain name reseller, you will do business under your own personal trademark name and not under the Registrar's.
Make Cash From Supplying Web Space Hosting Packages Too
A good supplement to your domain name reseller business would be to sell web hosting accounts as well. Thereby, you can give a package deal to people who desire to create their online portal and need both a domain and a site hosting plan. A number of corporations provide 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 free-of-cost invoice transaction software to bill your customers. You can then offer Top-Level Domains and shared web hosting accounts to customers, and since they offer lots of diverse domain extensions, you will be able to offer domain and hosting services to customers from all around the world.