Domain reseller
The Internet is an ever-growing community that offers new opportunities to earn money on the Web. One of these opportunities is to be a domain name reseller and offer domain names to end customers, generating profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered every day, and there are 1 000 000's of presently functioning domains, so this is a developing trading niche that you can be a part of.
TLDs and SLDs
A domain name 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 TLD and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most widespread domain extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs consist of two-letter abbreviations that represent each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a ccTLD, has a Registry - an institution that is responsible for the registrations and determines the prerequisites that each particular Top-Level Domain may involve, including the duration of the registration term or the residency of the registrant. A number of Registrar corporations work under the Registry. These are the firms that actually offer the domain name to customers and manage all DNS resource records.
Gain Revenue From Offering Domain Names
Multiple Registrars have reseller programs that allow individuals to gain profit from selling domain names to end clients. If you register with such a program, you can set up your own e-business. Typically, a domain name will be cheaper if it is registered via a reseller rather than if it is bought directly from the Registrar by an end customer. The reason is that resellers can reach more individuals in local regions or states where the Registrar may not be famous whatsoever. 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 charges for the domain registration.
Offer Top-Level Domain Names On Behalf Of Your Own Personal Brand Name
When you sign up for a domain reseller program, you will obtain a web space hosting Control Panel where you can determine the prices for the various Top-Level Domains that the Registrar provides. Most firms also provide billing software and web themes for your online store, and the automation of the entire process coupled with the significant demand for domains render the domain reseller market so attractive. You will either get a pre-built website and utilize the Registrar platform to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can build your very own portal and form for placing orders. Generally, you have the opportunity to decide between the 2 possibilities, so it all depends on how skillful you are in these issues. As a domain reseller, you will work under your very own personal brand and not under the Registrar's brand.
Gain Revenue From Providing Webspace Hosting Solutions Too
A sensible supplement to your domain reseller business would be to sell web hosting accounts as well. Thus, you can offer a package deal to persons who desire to make their site and require both a domain name and a web page hosting package. A few companies offer such options. With 'ResellersPanel', for instance, you can buy a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and charge-free invoicing transaction software to charge your customers. You can then offer domain names and shared website hosting packages to clients, and since they offer lots of diverse domain extensions, you will be able to provide domain name and hosting services to people from all over the globe.