Domain name reseller
The Internet is an ever-flourishing platform that furnishes new possibilities to earn money on the Internet. One of these options is to become a domain reseller and sell domains to end users, generating profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered every day, and there are 1 000 000's of presently active domain names, so this is an increasing business niche that you can be a part of.
TLDs and SLDs
A domain is made of 2 entities - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the second-level domain name.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic TLDs include the best known domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs consist of two-letter abbreviations that stand for each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic Top-Level Domain or a country-code TLD, has a Registry - an institution that is responsible for the registrations and sets the prerequisites that each specific top-level domain name may have, like the duration of the registration period or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the corporations that in fact sell the domain name to customers and handle all domain name resource records.
Earn Profit From Trading Domain Names
A lot of Registrars have reseller programs that enable individuals to earn profit from selling domain names to end users. If you subscribe to such a program, you can begin your own personal web business. Regularly, a domain name will be cheaper if it is registered via a reseller rather than if it is bought directly from the Registrar by an end user. The cause is that resellers can contact more persons in local communities or countries where the Registrar may not be known at all. This means more sales for the Registrar, so both sides will benefit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar imposes for the domain name registration.
Resell TLDs On Behalf Of Your Own Brand Name
When you subscribe to a domain reseller program, you will have a CP where you can fix the prices for the individual top-level domain names that the Registrar offers. Most corporations also offer invoicing transaction software and web design skins for your online storefront, and the automation of the entire process together with the increasing demand for domain names render the domain reseller market so seductive. You will either receive a turn-key site and make use of the Registrar system to resell domains, or they will give you access to their API (Application Programming Interface) so that you can create your very own personal web portal and form for placing orders. Typically, you have the opportunity to decide between the two alternatives, so it all depends on how expert you are in these affairs. As a domain name reseller, you will work under your very own personal brand and not on behalf of the Registrar's.
Make Profit From Promoting Website Hosting Services As Well
A relevant addition to your domain name reseller business would be to sell web hosting accounts too. Thereby, you can give a package deal to individuals who would like to make their online portal and need both a domain and a webspace hosting package. Certain corporations offer such options. With 'ResellersPanel', for example, you can have a VPS or a dedicated server, and they will also give you a domain reseller account and free-of-cost billing management software to bill your customers. You can then sell top-level domain names and shared web hosting accounts to clients, and since they provide a lot of different domain name extensions, you will be able to offer domain and hosting services to persons from all over the world.