Domain name reseller
The Internet is an ever-increasing network that provides new options to gain money on the Web. One of these ways is to become a domain name reseller and sell domains to end users, making profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered each and every day, and there are millions of presently active domains, so this is a blossoming business niche that you can become a part of.
TLDs and SLDs
A domain name comprises 2 components - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the second-level domain name.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic top-level domain names include the most famous domain extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs consist of two-letter abbreviations that represent each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a country-code TLD, has a Registry - an institution that handles the registrations and determines the prerequisites that each specific Top-Level Domain may have, such as the length of the registration period or the residency of the registrant. A number of Registrar companies work under the Registry. These are the corporations that in fact sell the domain name to clients and administer all DNS resource records.
Make Cash From Reselling Domain Names
Numerous Registrars have reseller programs that allow individuals to gain cash from offering domain names to end clients. If you subscribe to such a program, you can start your own personal electronic business. Typically, a domain name will cost less if it is registered through a reseller rather than if it is bought directly from the Registrar by an end customer. The explanation is that resellers can contact more individuals in regional districts or countries where the Registrar may not be popular at all. This implies more sales for the Registrar, so both sides will cash in 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 registration.
Sell TLDs Under Your Own Personal Brand
When you register with a domain name reseller program, you will get a web hosting CP where you can select the prices for the various Top-Level Domains that the Registrar offers. Most companies also offer invoice transaction software and site skins for your online store, and the automation of the entire process combined with the enlarging demand for domains make the domain name reseller market so alluring. You will either get a ready-for-use site and make use of the Registrar platform to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can create your very own personal online portal and form for placing orders. Typically, you have the option to select between the two options, so it all revolves around how practiced you are in these things. As a domain reseller, you will operate on behalf of your personal brand name and not under the Registrar's.
Make Money From Reselling Hosting Plans As Well
An excellent supplement to your domain reseller business would be to sell web hosting services too. Thus, you can offer a package deal to individuals who want to run their web portal and demand both a domain name and a web space hosting package. Some corporations furnish such options. With 'ResellersPanel', for example, you can buy a VPS or a dedicated server, and they will also give you a domain name reseller account and charge-free invoice software to bill your customers. You can then sell domain names and shared hosting plans to customers, and since they provide a lot of diverse domain extensions, you will be able to offer domain and hosting services to customers from all around the world.