Domain name reseller
The Internet is an ever-enlarging community that provides new opportunities to earn money on the Web. One of these ways is to be a domain reseller and sell domain names to end customers, generating revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered each and every day, and there are 1 000 000's of presently active domains, so this is an expanding business niche that you can be a part of.
TLDs and SLDs
A domain name contains two components - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic top-level domain names comprise the most common domain name extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names contain two-letter abbreviations that stand for each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a country-code Top-Level Domain, has a Registry - an institution that handles the registrations and determines the preconditions that each given top-level domain name may entail, among them the duration of the registration term or the citizenship of the registrant. Certain Registrar corporations operate under the Registry. These are the companies that actually sell the domain name to customers and administer all domain name records.
Earn Money From Trading Domains
A lot of Registrars have reseller programs that allow people to gain profit from selling domain names to end users. If you subscribe to such a program, you can launch your very own online business. Usually, a domain will be cheaper if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end user. The cause is that resellers can contact more persons in regional districts or countries where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both parties will benefit from 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.
Offer TLDs On Behalf Of Your Own Trademark Name
When you subscribe to a domain reseller program, you will acquire a site hosting CP where you can determine the prices for the various Top-Level Domains that the Registrar offers. Most companies also offer invoicing transaction software and web skins for your web storefront, and the automation of the whole process coupled with the swelling demand for domains render the domain name reseller industry so seductive. You will either obtain a ready-made web site and avail 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 personal portal and form for placing orders. Typically, you have the opportunity to decide between the 2 alternatives, so it all revolves around how accomplished you are in these things. As a domain name reseller, you will sell under your own personal brand name and not under the Registrar's.
Earn Profit From Reselling Webspace Hosting Plans Too
An adequate addition to your domain name reseller business would be to sell web hosting services too. In this way, you can give a package deal to persons who would like to create their web page and need both a domain and a web hosting package. Certain firms have such options. With 'ResellersPanel', for example, you can buy a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and charge-free billing transaction software to bill your customers. You can then sell domains and shared website hosting accounts to customers, and since they offer a lot of diverse domain extensions, you will be able to provide domain name and hosting services to people from all around the globe.