Domain name reseller
The Internet is an ever-growing system that offers new options to earn money on the Web. One of these opportunities is to become a domain name reseller and sell domains to end clients, earning profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered each day, and there are 1 000 000's of presently active domains, so this is a blossoming trading niche that you can become a part of.
TLDs and SLDs
A domain comprises two 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 Second-Level Domain.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic TLDs include the best known domain name extensions like .com, .net, .org, .mobi, .info, while the ccTLDs include 2-letter abbreviations that signify each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a country-code TLD, has a Registry - an institution that tackles the registrations and determines the requirements that each specific TLD may contain, including the duration of the registration term or the citizenship of the registrant. Certain Registrar firms operate under the Registry. These are the firms that in fact sell the domain name to clients and handle all domain resource records.
Earn Money From Reselling Domain Names
A lot of Registrars have reseller programs that permit individuals to earn profit from selling domain names to end customers. If you register with such a program, you can commence your very own personal electronic business. Regularly, a domain will cost less if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end user. The reason is that resellers can reach more people in areas or countries where the Registrar may not be known at all. This means more sales for the Registrar, so both parties will capitalize on that. Your revenue will be the difference between the price that the user pays and the one that the Registrar imposes for the domain name registration.
Offer Top-Level Domains On Behalf Of Your Own Personal Brand
When you register with a domain reseller program, you will have a website hosting Control Panel where you can select the prices for the various TLDs that the Registrar provides. Most firms also provide billing transaction software and web design skins for your virtual shop, and the automation of the whole process combined with the strong demand for domain names make the domain reseller market so attractive. You will either acquire a pre-made web site and make use of the Registrar system to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your very own personal website and form for placing orders. Usually, you have the option to pick between the two possibilities, so it all depends on how accomplished you are in these affairs. As a domain name reseller, you will work under your personal brand name and not under the Registrar's brand.
Earn Money From Supplying Webspace Hosting Plans As Well
An appropriate supplement to your domain name reseller business would be to sell web hosting packages as well. Thereby, you can offer a package deal to persons who wish to have their site and demand both a domain and a web hosting plan. A number of corporations furnish such options. With 'ResellersPanel', for instance, you can have a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and free-of-charge invoice transaction software to charge your clients. You can then offer Top-Level Domains and shared web hosting accounts to clients, and since they offer lots of different domain extensions, you will be able to offer domain and hosting services to customers from all around the world.