Domain name reseller
The Internet is an ever-expanding system that furnishes new possibilities to make money online. One of them is to be a domain name reseller and offer domain names to end clients, generating revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered every day, and there are 1 000 000's of currently active domain names, so this is a growing business niche that you can become engaged in.
TLDs and SLDs
A domain name is composed of 2 parts - 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 TLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most famous domain extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs include 2-letter abbreviations that stand for each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a country-code top-level domain name, has a Registry - an institution that tackles the registrations and sets the preconditions that each given TLD may have, among them the length of the registration term or the citizenship of the registrant. A number of Registrar corporations work under the Registry. These are the companies that in fact sell the domain name to customers and manage all domain name resource records.
Earn Money From Trading Domains
A lot of Registrars have reseller programs that allow individuals to earn money from offering domain names to end users. If you sign up for such a program, you can build your very own electronic business. Regularly, a domain name will be more inexpensive if it is registered through a reseller rather than if it is bought straight from the Registrar by an end customer. The reason is that resellers can reach more customers in local regions or countries where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both sides will earn a profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar imposes for the domain registration.
Sell TLDs On Behalf Of Your Very Own Brand Name
When you register with a domain reseller program, you will receive a website hosting Control Panel where you can settle the prices for the different TLDs that the Registrar provides. Most companies also offer invoice software and web themes for your online storefront, and the automation of the entire procedure coupled with the immense demand for domains make the domain reseller business so tempting. You will either have a pre-built site and make use of the Registrar system to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can build your very own web site and form for placing orders. Commonly, you have the option to select between the two options, so it all revolves around how advanced you are in these issues. As a domain name reseller, you will operate on behalf of your very own trademark name and not under the Registrar's brand.
Earn Profit From Offering Web Site Hosting Packages Too
A logical addition to your domain name reseller business would be to sell web hosting accounts as well. Thus, you can offer a package deal to users who wish to set up their online portal and need both a domain name and a web page hosting account. Given corporations have such options. With 'ResellersPanel', for example, you can buy a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and cost-free billing transaction software to bill your clients. You can then offer domain names and shared website hosting accounts to clients, and since they offer plenty of diverse domain extensions, you will be able to offer domain and hosting services to people from all around the globe.