Domain name reseller
The Internet is an ever-enlarging platform that generates new opportunities to gain money on the Internet. One of these options is to become a domain name reseller and sell domain names to end clients, earning 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 developing business niche that you can be engaged in.
TLDs and SLDs
A domain contains 2 components - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic TLDs include the best known domain extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs are made of 2-character abbreviations that correspond to each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a ccTLD, has a Registry - an institution that is responsible for the registrations and sets the requirements that each specific TLD may have, such as the duration of the registration period or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the corporations that in fact offer the domain name to customers and manage all DNS records.
Gain Revenue From Selling Domains
Lots of Registrars have reseller programs that allow individuals to make cash from offering domains to end clients. If you register with such a program, you can begin your very own electronic business. Normally, 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 cause is that resellers can reach more persons in local communities or countries where the Registrar may not be popular at all. This means more sales for the Registrar, so both parties will take advantage of that. Your profit will be the difference between the price that the client pays and the one that the Registrar requires for the domain name registration.
Resell Domains Under Your Very Own Personal Brand Name
When you subscribe to a domain reseller program, you will receive a web site hosting CP where you can settle the prices for the separate Top-Level Domains that the Registrar offers. Most corporations also provide billing transaction software and templates for your virtual shop, and the automation of the whole procedure combined with the big demand for domain names render the domain name reseller market so tempting. You will either obtain a pre-developed web site and make use of the Registrar system to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can build your own personal website and form for placing orders. Commonly, you have the option to choose between the two alternatives, so it all depends on how experienced you are in these things. As a domain reseller, you will work under your very own brand name and not under the Registrar's brand.
Gain Revenue From Trading Web Hosting Accounts As Well
A relevant addition to your domain reseller business would be to sell web hosting services as well. Thus, you can offer a package deal to clients who wish to build their web page and need both a domain and a website hosting package. A few corporations offer such options. With 'ResellersPanel', for example, you can run a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and cost-free billing management software to charge your customers. You can then sell TLDs and shared hosting plans to clients, and since they provide many different domain name extensions, you will be able to provide domain name and hosting services to users from all over the world.