Domain name reseller
The World Wide Web is an ever-increasing network that generates new opportunities to earn money on the Internet. One of these ways is to become a domain name reseller and sell domain names to end customers, generating revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered each and every day, and there are millions of currently functioning domains, so this is a thriving trading niche that you can become a part of.
Top-Level and Second-Level Domains
A domain name is composed of two entities - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".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 generic Top-Level Domains include the most widespread domain extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs are composed of two-character abbreviations that represent each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a ccTLD, has a Registry - an institution that administers the registrations and sets the requirements that each particular TLD may involve, such as the duration of the registration term or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the firms that in fact offer the domain name to clients and administer all DNS records.
Gain Revenue From Trading Domain Names
A lot of Registrars have reseller programs that permit individuals to gain money from selling domain names to end customers. If you sign up for such a program, you can establish your own online business. Generally, a domain will be more inexpensive if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end user. The explanation is that resellers can reach more users in regional communities or countries where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both parties will cash in on that. Your profit will be the difference between the price that the customer pays and the one that the Registrar requires for the domain name registration.
Resell Domains On Behalf Of Your Own Brand Name
When you sign up for a domain reseller program, you will obtain a web page hosting CP where you can settle the prices for the different Top-Level Domains that the Registrar offers. Most companies also provide billing management software and site templates for your virtual store, and the automation of the entire procedure coupled with the enormous demand for domains render the domain reseller business niche so seductive. You will either get a pre-developed website and use the Registrar platform to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can set up your own personal online portal and order form. Usually, you have the opportunity to pick between the two possibilities, so it all revolves around how trained you are in these affairs. As a domain reseller, you will operate on behalf of your personal trademark name and not on behalf of the Registrar's brand.
Make Money From Promoting Site Hosting Solutions Too
A nice supplement to your domain reseller business would be to sell web hosting solutions as well. Thus, you can offer a package deal to clients who desire to establish their web site and require both a domain and a website hosting account. A few corporations offer such options. With 'ResellersPanel', for instance, you can manage a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and cost-free billing transaction software to bill your clients. You can then offer Top-Level Domains and shared website hosting packages to clients, and since they provide plenty of diverse domain extensions, you will be able to offer domain name and hosting services to persons from all around the globe.