Domain name reseller
The Internet is an ever-growing system that supplies new ways to make money online. One of these ways is to become a domain name reseller and sell domain names to end users, making revenue from the difference between the wholesale and the retail price of each and every domain name. 1000's of domains are registered each and every day, and there are millions of presently functioning domain names, so this is a flourishing trading niche that you can be involved in.
TLDs and SLDs
A domain comprises 2 parts - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic TLDs comprise the most famous domain extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs are composed of 2-character abbreviations that symbolize each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a country-code top-level domain name, has a Registry - an organization that tackles the registrations and sets the prerequisites that each particular TLD may entail, like the length of the registration term or the residency of the registrant. Certain Registrar firms work under the Registry. These are the firms that actually sell the domain name to customers and handle all domain records.
Gain Revenue From Selling Domains
Lots of Registrars have reseller programs that enable people to earn revenue from selling domain names to end users. If you subscribe to such a program, you can establish your own online business. Typically, a domain name will cost less if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end user. The cause is that resellers can reach more customers in local communities or countries where the Registrar may not be known at all. 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 levies for the domain registration.
Offer Top-Level Domains On Behalf Of Your Personal Brand
When you subscribe to a domain reseller program, you will have a web hosting Control Panel where you can select the prices for the different Top-Level Domains that the Registrar provides. Most companies also provide billing software and website themes for your online shop, and the automation of the entire process combined with the expanding demand for domain names make the domain reseller industry so seductive. You will either obtain a pre-made web site and use the Registrar system to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can build your very own personal web page and form for placing orders. Usually, you have the opportunity to pick between the two options, so it all revolves around how skilled you are in these things. As a domain name reseller, you will work under your very own personal brand and not under the Registrar's.
Earn Profit From Supplying Website Hosting Packages Too
An appropriate addition to your domain reseller business would be to sell web hosting accounts too. Thereby, you can offer a package deal to individuals who want to make their site and demand both a domain name and a web space hosting account. A few corporations offer 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 reseller account and cost-free billing software to charge your customers. You can then offer domain names and shared website hosting accounts to customers, and since they offer plenty of different domain name extensions, you will be able to provide domain and hosting services to users from all over the world.