Domain name reseller
The World Wide Web is an ever-expanding platform that generates new options to gain cash on the Web. One of these opportunities is to become a domain 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 domain names are registered every day, and there are 1 000 000's of currently functioning domain names, so this is a blooming trading niche that you can be a part of.
TLDs and SLDs
A domain is made of two components - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic Top-Level Domains comprise the most popular domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs consist of 2-character abbreviations that correspond to each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a country-code Top-Level Domain, has a Registry - an organization that is responsible for the registrations and sets the requirements that each concrete top-level domain name may include, including the length of the registration term or the residency of the registrant. A number of Registrar corporations work under the Registry. These are the corporations that actually sell the domain name to customers and handle all DNS resource records.
Make Revenue From Reselling Domain Names
Multiple Registrars have reseller programs that enable people to earn revenue from selling domain names to end clients. If you sign up for such a program, you can start your own online business. Regularly, a domain will be cheaper if it is registered through a reseller rather than if it is bought directly from the Registrar by an end customer. The cause is that resellers can reach more persons in local regions or states where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both parties will capitalize on that. Your revenue will be the difference between the price that the client pays and the one that the Registrar charges for the domain name registration.
Trade Domains Under Your Personal Trademark Name
When you subscribe to a domain name reseller program, you will receive a website hosting CP where you can choose the prices for the different TLDs that the Registrar offers. Most companies also offer billing transaction software and web themes for your virtual storefront, and the automation of the whole process coupled with the big demand for domains make the domain name reseller industry so desirable. You will either have a turn-key site and make use of the Registrar system to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can make your own personal web site and form for placing orders. Generally, you have the option to decide between the two options, so it all depends on how experienced you are in these affairs. As a domain name reseller, you will work on behalf of your very own brand and not on behalf of the Registrar's brand.
Make Revenue From Trading Web Site Hosting Packages Too
A logical addition to your domain reseller business would be to sell web hosting accounts as well. In this way, you can offer a package deal to persons who would like to establish their web page and demand both a domain name and a web site hosting plan. Certain corporations supply such options. With 'ResellersPanel', for example, you can run a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and cost-free invoicing transaction software to bill your customers. You can then sell top-level domain names and shared hosting plans to customers, and since they provide many different domain extensions, you will be able to provide domain and hosting services to people from all around the globe.