Domain name reseller
The World Wide Web is an ever-developing community that offers new ways to earn money online. One of them is to be a domain name reseller and offer domains to end users, gaining revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered every day, and there are millions of presently active domain names, so this is a blooming trading niche that you can be involved in.
TLDs and SLDs
A domain includes 2 components - 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 name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The gTLDs include the best known domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names are composed of 2-character abbreviations that symbolize each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code one, has a Registry - an institution that deals with the registrations and determines the preconditions that each concrete Top-Level Domain may contain, among them the duration of the registration term or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the firms that actually offer the domain name to customers and manage all domain resource records.
Make Profit From Offering Domain Names
Lots of Registrars have reseller programs that allow individuals to earn money from offering domains to end clients. If you subscribe to such a program, you can build your very own personal web business. Generally, a domain will cost less if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end client. The explanation is that resellers can contact more clients in provinces or states where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both sides 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 requires for the domain name registration.
Offer Top-Level Domains Under Your Very Own Personal Trademark Name
When you register with a domain name reseller program, you will receive a CP where you can choose the prices for the various Top-Level Domains that the Registrar offers. Most corporations also provide billing software and design themes for your virtual shop, and the automation of the entire process coupled with the big demand for domains render the domain name reseller market so attractive. You will either get a ready-made site and use the Registrar system to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can build your very own web page and form for placing orders. Traditionally, you have the opportunity to select between the 2 alternatives, so it all depends on how proficient you are in these things. As a domain name reseller, you will sell on behalf of your very own brand name and not on behalf of the Registrar's brand.
Gain Revenue From Supplying Web Page Hosting Plans As Well
A logical supplement to your domain reseller business would be to sell web hosting services too. Thus, you can give a package deal to customers who want to have their web page and need both a domain name and a hosting package. Certain corporations have such options. With 'ResellersPanel', for instance, you can buy a Virtual Server or a dedicated server, and they will also give you a domain reseller account and free-of-charge billing software to charge your customers. You can then offer domain names and shared web hosting packages to customers, and since they provide plenty of different domain extensions, you will be able to provide domain name and hosting services to people from all around the globe.