Domain name reseller
The World Wide Web is an ever-growing system that provides new ways to make money on the Internet. One of these opportunities is to be a domain name reseller and sell domains to end customers, generating profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered every day, and there are millions of currently functioning domains, so this is a flourishing business niche that you can become involved in.
TLDs and SLDs
A domain is made of 2 components - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The gTLDs comprise the best known domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs are composed of 2-character abbreviations that denote each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a country-code one, has a Registry - an institution that administers the registrations and determines the prerequisites that each specific Top-Level Domain may include, like the duration of the registration term or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the corporations that actually sell the domain name to customers and handle all domain records.
Gain Money From Selling Domains
A lot of Registrars have reseller programs that allow people to earn revenue from offering domains to end users. If you sign up for such a program, you can start your very own online business. Generally, a domain will cost less if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end customer. The reason is that resellers can contact more persons in provinces or states where the Registrar may not be known at all. 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 customer pays and the one that the Registrar requires for the domain name registration.
Resell Domain Names Under Your Own Personal Trademark Name
When you sign up for a domain reseller program, you will have a CP where you can choose the prices for the individual Top-Level Domains that the Registrar provides. Most corporations also provide billing software and web layouts for your online store, and the automation of the whole process combined with the expanding demand for domain names make the domain name reseller market niche so desirable. You will either receive a ready-to-use web site and avail of the Registrar platform to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can make your own web page and form for placing orders. Traditionally, you have the opportunity to select between the two options, so it all revolves around how advanced you are in these matters. As a domain reseller, you will sell under your own brand name and not on behalf of the Registrar's.
Make Cash From Reselling Web Space Hosting Plans As Well
A proper supplement to your domain reseller business would be to sell web hosting services as well. Thereby, you can give a package deal to individuals who desire to run their web portal and need both a domain name and a site hosting plan. A few corporations furnish such options. With 'ResellersPanel', for example, you can manage a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and free billing management software to charge your clients. You can then offer Top-Level Domains and shared website hosting packages to customers, and since they provide many diverse domain extensions, you will be able to provide domain name and hosting services to customers from all around the globe.