Domain name reseller
The World Wide Web is an ever-flourishing platform that provides new ways to make money on the Internet. One of them is to be a domain name reseller and offer domains to end customers, generating revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered every day, and there are millions of currently active domains, so this is a growing trading niche that you can be a part of.
TLDs and SLDs
A domain is composed of 2 components - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most conventional domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs comprise 2-character abbreviations that symbolize each country. Examples of country-code TLDs 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 one, has a Registry - an institution that administers the registrations and determines the preconditions that each particular top-level domain name may contain, among them the length of the registration period or the citizenship of the registrant. A number of Registrar corporations work under the Registry. These are the companies that actually sell the domain name to customers and manage all domain resource records.
Gain Revenue From Selling Domains
Multiple Registrars have reseller programs that permit individuals to earn money from selling domain names to end users. If you sign up for such a program, you can establish your very own e-business. Normally, a domain name will be cheaper if it is registered via a reseller rather than if it is bought straight from the Registrar by an end client. The reason is that resellers can contact more persons in local regions or countries where the Registrar may not be famous 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 requires for the domain registration.
Sell Top-Level Domain Names On Behalf Of Your Very Own Personal Trademark Name
When you subscribe to a domain reseller program, you will have a web site hosting CP where you can select the prices for the separate top-level domain names that the Registrar offers. Most companies also provide invoicing transaction software and web page templates for your web shop, and the automation of the whole process combined with the large demand for domain names render the domain name reseller industry so seductive. You will either acquire a pre-developed website and make use of the Registrar platform to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can create your own personal site and order form. Commonly, you have the option to select between the two possibilities, so it all revolves around how skillful you are in these issues. As a domain name reseller, you will operate on behalf of your own brand and not under the Registrar's.
Make Cash From Trading Web Hosting Accounts Too
An appropriate addition to your domain reseller business would be to sell web hosting accounts too. Thus, you can give a package deal to users who desire to launch their website and demand both a domain name and a webspace hosting plan. A number of corporations have such options. With 'ResellersPanel', for example, you can manage a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and charge-free invoice software to bill your clients. You can then offer Top-Level Domains and shared website hosting plans to customers, and since they offer plenty of different domain extensions, you will be able to offer domain and hosting services to individuals from all over the world.