Domain name reseller
The World Wide Web is an ever-growing community that furnishes new ways to gain money online. One of these options is to become a domain reseller and sell domains to end users, gaining profit from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered every day, and there are millions of currently functioning domains, so this is a blossoming business niche that you can become engaged in.
TLDs and SLDs
A domain consists of 2 pieces - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic Top-Level Domains include the most conventional domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains consist of two-character abbreviations that signify each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code TLD, has a Registry - an organization that is responsible for the registrations and sets the requirements that each concrete TLD may include, including the duration of the registration term or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the firms that actually offer the domain name to customers and manage all DNS records.
Gain Revenue From Offering Domain Names
Lots of Registrars have reseller programs that allow people to gain money from selling domain names to end users. If you register with such a program, you can build your very own personal Internet business. Commonly, a domain name will be cheaper if it is registered through a reseller rather than if it is bought directly from the Registrar by an end customer. The cause is that resellers can reach more users in regional communities or states where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both sides will capitalize on that. Your profit will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain name registration.
Trade Top-Level Domains On Behalf Of Your Very Own Personal Brand Name
When you subscribe to a domain name reseller program, you will acquire a hosting Control Panel where you can fix the prices for the different top-level domain names that the Registrar provides. Most firms also provide invoice management software and templates for your virtual storefront, and the automation of the entire process together with the towering demand for domains render the domain reseller business so attractive. You will either receive a ready-made site and make use of the Registrar platform to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can create your own personal web portal and order form. Generally, you have the opportunity to pick between the two options, so it all revolves around how accomplished you are in these affairs. As a domain reseller, you will work under your personal brand and not on behalf of the Registrar's.
Make Revenue From Reselling Web Hosting Packages Too
A reasonable addition to your domain reseller business would be to sell web hosting plans as well. Thereby, you can give a package deal to people who would like to create their web site and demand both a domain and a web site hosting package. Certain companies provide such options. With 'ResellersPanel', for instance, you can run a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and free billing software to charge your customers. You can then sell top-level domain names and shared hosting packages to customers, and since they provide many diverse domain name extensions, you will be able to offer domain name and hosting services to customers from all around the globe.