Domain name reseller
The World Wide Web is an ever-developing community that delivers new options to make money online. One of these options is to be a domain name reseller and sell domain names to end users, making profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered every day, and there are 1 000 000's of currently active domain names, so this is a thriving business niche that you can become involved in.
Top-Level and Second-Level Domains
A domain name involves 2 constituents - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic top-level domain names comprise the most conventional domain extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs are composed of two-letter abbreviations that stand for each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code Top-Level Domain, has a Registry - an institution that handles the registrations and sets the preconditions that each given Top-Level Domain may impose, such as the duration of the registration term or the residency of the registrant. A number of Registrar companies operate under the Registry. These are the companies that actually sell the domain name to clients and handle all DNS records.
Gain Revenue From Offering Domain Names
Plenty of Registrars have reseller programs that permit individuals to gain revenue from selling domain names to end clients. If you subscribe to such a program, you can start your very own personal electronic business. Typically, a domain will cost less if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end customer. The reason is that resellers can contact more clients in local regions or states where the Registrar may not be famous at all. This implies more sales for the Registrar, so both parties will take advantage of that. Your revenue will be the difference between the price that the client pays and the one that the Registrar imposes for the domain registration.
Sell Domain Names On Behalf Of Your Own Personal Brand
When you register with a domain name reseller program, you will have a web hosting CP where you can fix the prices for the various top-level domain names that the Registrar provides. Most companies also offer invoicing transaction software and web templates for your virtual storefront, and the automation of the entire process coupled with the large demand for domain names make the domain reseller market niche so attractive. You will either receive a pre-developed site and use the Registrar platform to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your own personal web page and form for placing orders. Generally, you have the opportunity to decide between the 2 options, so it all revolves around how trained you are in these things. As a domain name reseller, you will operate under your own brand name and not under the Registrar's brand.
Gain Money From Offering Web Page Hosting Accounts As Well
A sensible supplement to your domain reseller business would be to sell web hosting packages as well. Thereby, you can give a package deal to persons who want to make their web page and demand both a domain and a webspace hosting account. Particular firms furnish such options. With 'ResellersPanel', for example, you can run a VPS or a dedicated server, and they will also give you a domain reseller account and free-of-charge invoicing transaction software to bill your clients. You can then offer domains and shared website hosting accounts to clients, and since they offer many diverse domain extensions, you will be able to offer domain and hosting services to persons from all over the globe.