Domain name reseller
The World Wide Web is an ever-flourishing system that generates new ways to make money online. One of these possibilities is to become a domain reseller and offer domain names to end clients, earning revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered each day, and there are millions of presently active domains, so this is an expanding business niche that you can be involved in.
TLDs and SLDs
A domain name consists of two pieces - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic Top-Level Domains include the most widespread domain extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs consist of two-character abbreviations that denote each country. Instances 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 one, has a Registry - an institution that manages the registrations and determines the prerequisites that each particular top-level domain name may impose, among them the length of the registration period or the residency of the registrant. Certain Registrar firms operate under the Registry. These are the firms that in fact offer the domain name to clients and handle all DNS records.
Gain Money From Trading Domains
Many Registrars have reseller programs that enable individuals to earn money from selling domains to end users. If you sign up for such a program, you can begin your own e-business. Generally, a domain will cost less if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end client. The reason is that resellers can reach more individuals in provinces or countries where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both parties will earn a profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar imposes for the domain name registration.
Offer TLDs On Behalf Of Your Very Own Brand
When you subscribe to a domain name reseller program, you will receive a website hosting Control Panel where you can fix the prices for the different TLDs that the Registrar offers. Most companies also provide billing management software and website layouts for your online store, and the automation of the whole procedure coupled with the growing demand for domains make the domain reseller industry so desirable. You will either acquire a turn-key site and avail of the Registrar platform to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can make your own web site and order form. Normally, you have the option to select between the 2 options, so it all revolves around how accomplished you are in these things. As a domain reseller, you will work under your very own personal brand and not on behalf of the Registrar's.
Make Money From Promoting Webspace Hosting Packages Too
A nice addition to your domain name reseller business would be to sell web hosting services as well. Thus, you can give a package deal to customers who want to launch their website and require both a domain and a web site hosting plan. A number of companies furnish such options. With 'ResellersPanel', for instance, you can run a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and cost-free billing transaction software to charge your clients. You can then offer top-level domain names and shared hosting plans to clients, and since they provide lots of different domain extensions, you will be able to offer domain name and hosting services to people from all around the globe.