Domain name reseller
The World Wide Web is an ever-growing community that offers new opportunities to earn money on the Web. One of these options is to become a domain reseller and offer domain names to end customers, earning profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered every day, and there are 1 000 000's of currently active domains, so this is an increasing trading niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain name comprises 2 constituents - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the SLD.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic Top-Level Domains comprise the best known domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains include two-letter abbreviations that represent each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a country-code TLD, has a Registry - an institution that deals with the registrations and determines the requirements that each given top-level domain name may entail, like the length of the registration term or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the companies that in fact sell the domain name to customers and manage all DNS records.
Gain Profit From Reselling Domain Names
Lots of Registrars have reseller programs that enable individuals to make revenue from selling domains to end customers. If you sign up for such a program, you can kickstart your very own online business. Typically, a domain will be more inexpensive if it is registered via a reseller rather than if it is bought straight from the Registrar by an end client. The explanation is that resellers can reach more individuals 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 earn a profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar charges for the domain name registration.
Resell Top-Level Domain Names Under Your Very Own Personal Brand
When you subscribe to a domain name reseller program, you will receive a website hosting CP where you can choose the prices for the specific top-level domain names that the Registrar provides. Most firms also provide invoice transaction software and web design templates for your web store, and the automation of the whole process coupled with the immense demand for domains make the domain reseller business so tempting. You will either acquire a ready-to-use web site and make use of the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can make your own personal website and form for placing orders. Typically, you have the opportunity to select between the two alternatives, so it all depends on how advanced you are in these affairs. As a domain name reseller, you will do business under your own personal brand name and not on behalf of the Registrar's brand.
Gain Money From Supplying Web Site Hosting Accounts As Well
A relevant addition to your domain name reseller business would be to sell web hosting accounts too. Thereby, you can give a package deal to customers who wish to have their online portal and need both a domain and a hosting plan. Certain companies furnish such options. With 'ResellersPanel', for example, you can manage a VPS or a dedicated server, and they will also offer you a domain reseller account and free invoicing software to bill your customers. You can then offer Top-Level Domains and shared hosting accounts to customers, and since they provide a lot of different domain name extensions, you will be able to offer domain name and hosting services to users from all over the globe.