Domain name reseller
The World Wide Web is an ever-growing network that supplies new options to earn money on the Web. One of them is to become a domain name reseller and sell domains to end customers, making revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered each and every day, and there are 1 000 000's of presently active domains, so this is an increasing trading niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain contains 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 name and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic TLDs comprise the best known domain name extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs contain 2-character abbreviations that represent each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a ccTLD, has a Registry - an organization that manages the registrations and determines the prerequisites that each given TLD may impose, including the length of the registration period or the citizenship of the registrant. A number of Registrar corporations operate under the Registry. These are the companies that actually sell the domain name to clients and administer all domain resource records.
Earn Cash From Offering Domains
Lots of Registrars have reseller programs that allow people to gain profit from offering domains to end users. If you sign up for such a program, you can establish your own e-business. Normally, a domain will be cheaper if it is registered via a reseller rather than if it is bought directly from the Registrar by an end client. The cause is that resellers can reach more customers in regional districts or countries where the Registrar may not be famous at all. This implies more sales for the Registrar, so both sides will 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 registration.
Resell TLDs Under Your Own Brand
When you sign up for a domain reseller program, you will have a CP where you can select the prices for the separate top-level domain names that the Registrar offers. Most corporations also provide invoicing software and design layouts for your web store, and the automation of the whole process together with the significant demand for domain names make the domain name reseller market so tempting. You will either have a ready-to-use website and avail of the Registrar platform to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can set up your very own web site and order form. Normally, you have the option to choose between the 2 possibilities, so it all depends on how trained you are in these matters. As a domain name reseller, you will sell on behalf of your personal trademark name and not under the Registrar's.
Gain Revenue From Reselling Website Hosting Accounts As Well
A logical supplement to your domain reseller business would be to sell web hosting solutions too. Thereby, you can offer a package deal to clients who would like to develop their web page and require both a domain name and a web site hosting plan. Given companies offer such options. With 'ResellersPanel', for instance, you can purchase a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and free-of-cost invoice software to charge your customers. You can then sell domain names and shared web hosting accounts to customers, and since they provide many diverse domain extensions, you will be able to provide domain name and hosting services to customers from all around the globe.