Domain name reseller
The World Wide Web is an ever-expanding network that generates new ways to make cash online. One of these possibilities is to become a domain reseller and sell domain names to end customers, gaining revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered each and every day, and there are 1 000 000's of currently active domain names, so this is a growing business niche that you can be a part of.
Top-Level and Second-Level Domains
A domain contains two components - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the second-level domain name.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The gTLDs include the most conventional domain name extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs consist of 2-character abbreviations that denote 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 institution that tackles the registrations and determines the prerequisites that each concrete top-level domain name may involve, such as the length of the registration term or the citizenship of the registrant. Certain Registrar companies operate under the Registry. These are the corporations that in fact offer the domain name to clients and manage all domain name resource records.
Make Money From Trading Domains
Multiple Registrars have reseller programs that permit individuals to gain money from offering domains to end customers. If you subscribe to such a program, you can kickstart your own personal electronic business. Commonly, a domain will be more inexpensive if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end user. The explanation is that resellers can contact more clients in regional districts or countries where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both parties will capitalize on that. Your profit will be the difference between the price that the client pays and the one that the Registrar levies for the domain name registration.
Resell Domain Names On Behalf Of Your Personal Trademark Name
When you sign up for a domain reseller program, you will get a web page hosting Control Panel where you can set the prices for the specific Top-Level Domains that the Registrar offers. Most companies also provide invoice transaction software and site skins for your web store, and the automation of the entire procedure coupled with the enlarging demand for domain names make the domain name reseller market niche so desirable. You will either acquire a ready-made site and avail of the Registrar system to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your very own personal web portal and form for placing orders. Commonly, you have the opportunity to pick between the two alternatives, so it all depends on how practiced you are in these things. As a domain reseller, you will work on behalf of your own personal brand and not on behalf of the Registrar's.
Earn Money From Offering Webspace Hosting Services Too
A proper supplement to your domain reseller business would be to sell web hosting plans as well. Thereby, you can offer a package deal to people who would like to have their web page and need both a domain and a web space hosting plan. A number of companies supply such options. With 'ResellersPanel', for example, you can manage a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and free-of-cost invoicing software to charge your customers. You can then sell domains and shared website hosting accounts to clients, and since they provide lots of diverse domain name extensions, you will be able to offer domain name and hosting services to individuals from all over the world.