Domain name reseller
The Internet is an ever-increasing system that provides new ways to earn money on the Web. One of them is to be a domain reseller and sell domains to end clients, making revenue from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered each day, and there are millions of presently functioning domains, so this is a blooming business niche that you can become involved in.
TLDs and SLDs
A domain name involves two components - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic TLDs include the most widely used domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains consist of two-character abbreviations that stand for each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a country-code top-level domain name, has a Registry - an institution that tackles the registrations and sets the prerequisites that each specific Top-Level Domain may contain, among them the length of the registration term or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the corporations that actually offer the domain name to clients and manage all domain name records.
Earn Money From Trading Domain Names
Many Registrars have reseller programs that permit individuals to earn profit from selling domain names to end customers. If you sign up for such a program, you can initiate your very own personal Internet business. Typically, a domain name will be more inexpensive if it is registered via a reseller rather than if it is bought straight from the Registrar by an end customer. The cause is that resellers can reach more customers in provinces or countries where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both sides will make a profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar requires for the domain registration.
Trade TLDs On Behalf Of Your Very Own Trademark Name
When you sign up for a domain reseller program, you will acquire a CP where you can choose the prices for the different Top-Level Domains that the Registrar offers. Most corporations also provide billing transaction software and site skins for your online store, and the automation of the whole procedure combined with the high demand for domains render the domain reseller business so desirable. You will either receive a pre-made website and use the Registrar system to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can set up your very own personal portal and form for placing orders. Typically, you have the opportunity to select between the 2 alternatives, so it all depends on how expert you are in these matters. As a domain name reseller, you will operate on behalf of your own personal trademark name and not on behalf of the Registrar's.
Earn Profit From Providing Web Hosting Services Too
A sensible supplement to your domain reseller business would be to sell web hosting services too. Thus, you can give a package deal to users who wish to run their site and require both a domain name and a hosting package. A few firms furnish such options. With 'ResellersPanel', for instance, you can manage a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge invoicing transaction software to bill your clients. You can then sell domains and shared web hosting packages to clients, and since they provide plenty of different domain name extensions, you will be able to offer domain and hosting services to people from all over the globe.