Domain name reseller
The World Wide Web is an ever-expanding platform that offers new opportunities to earn money on the Web. One of them is to become a domain name reseller and sell domains to end clients, making revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered each day, and there are millions of currently active domain names, so this is an enlarging trading niche that you can become involved in.
Top-Level and Second-Level Domains
A domain consists of two constituents - 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 name.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The gTLDs include the best known domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains are composed of 2-letter abbreviations that symbolize each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code one, has a Registry - an institution that deals with the registrations and sets the preconditions that each given top-level domain name may involve, among them the length of the registration period or the residency of the registrant. Certain Registrar companies work under the Registry. These are the firms that actually sell the domain name to customers and manage all domain resource records.
Earn Money From Reselling Domains
Numerous Registrars have reseller programs that permit people to gain money from selling domain names to end users. If you sign up for such a program, you can commence your very own personal electronic business. As a rule, a domain name will be cheaper if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end customer. The reason is that resellers can reach more persons in regional communities or countries 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 revenue will be the difference between the price that the user pays and the one that the Registrar charges for the domain registration.
Trade Top-Level Domain Names Under Your Personal Brand
When you subscribe to a domain reseller program, you will receive a website hosting Control Panel where you can set the prices for the individual TLDs that the Registrar provides. Most corporations also provide invoice management software and web templates for your web shop, and the automation of the whole procedure coupled with the proliferating demand for domain names render the domain name reseller business so attractive. You will either acquire a turn-key web site and avail of the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can build your very own site and form for placing orders. Usually, you have the opportunity to decide between the 2 options, so it all depends on how accomplished you are in these issues. As a domain reseller, you will do business on behalf of your own brand name and not on behalf of the Registrar's.
Make Money From Supplying Web Page Hosting Packages As Well
An excellent addition to your domain name reseller business would be to sell web hosting plans as well. In this way, you can offer a package deal to clients who want to manage their web page and need both a domain and a web space hosting account. A few corporations have such options. With 'ResellersPanel', for instance, you can have a VPS or a dedicated server, and they will also offer you a domain name reseller account and charge-free invoicing software to bill your clients. You can then offer Top-Level Domains and shared hosting packages to clients, and since they provide a lot of diverse domain extensions, you will be able to offer domain and hosting services to persons from all over the globe.