Domain name reseller
The World Wide Web is an ever-expanding community that supplies new opportunities to gain cash on the Internet. One of these opportunities is to become a domain name reseller and offer domains to end users, gaining revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered every day, and there are millions of currently functioning domains, so this is an increasing business niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain name is composed of two entities - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic TLDs include the most conventional domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names are made of 2-letter abbreviations that represent each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code top-level domain name, has a Registry - an organization that deals with the registrations and determines the requirements that each specific TLD may impose, among them the duration of the registration period or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the companies that actually offer the domain name to customers and manage all domain records.
Earn Revenue From Reselling Domains
A lot of Registrars have reseller programs that enable individuals to gain money from offering domains to end users. If you sign up for such a program, you can begin your very own personal online business. Usually, a domain will cost less if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end customer. The reason is that resellers can reach more persons in local districts or states where the Registrar may not be known whatsoever. This implies 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.
Trade Domain Names On Behalf Of Your Personal Trademark Name
When you sign up for a domain reseller program, you will get a CP where you can set the prices for the separate top-level domain names that the Registrar provides. Most corporations also provide invoicing software and web site templates for your web shop, and the automation of the entire process combined with the significant demand for domain names make the domain reseller business so seductive. You will either acquire a pre-made website and utilize the Registrar platform to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your own personal website and order form. Typically, you have the option to select between the 2 possibilities, so it all revolves around how proficient you are in these issues. As a domain reseller, you will do business under your personal brand and not on behalf of the Registrar's.
Make Money From Supplying Web Space Hosting Accounts Too
A suitable supplement to your domain name reseller business would be to sell web hosting accounts too. Thus, you can offer a package deal to individuals who would like to create their web portal and require both a domain name and a site hosting package. A number of corporations offer such options. With 'ResellersPanel', for instance, you can run a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and free invoice software to bill your clients. You can then sell domain names and shared website hosting accounts to clients, and since they offer lots of diverse domain extensions, you will be able to offer domain name and hosting services to users from all over the globe.