Domain name reseller
The World Wide Web is an ever-increasing community that provides new opportunities to earn money on the Web. One of these options is to become a domain name reseller and sell domains to end customers, generating revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered each day, and there are 1 000 000's of presently functioning domains, so this is a blooming business niche that you can be a part of.
TLDs and SLDs
A domain contains 2 constituents - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The gTLDs comprise the most common domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs comprise 2-letter abbreviations that correspond to each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a country-code one, has a Registry - an institution that deals with the registrations and determines the prerequisites that each concrete Top-Level Domain may entail, among them the duration of the registration term or the citizenship of the registrant. A number of Registrar corporations work under the Registry. These are the corporations that actually offer the domain name to customers and administer all domain name records.
Earn Cash From Offering Domain Names
Numerous Registrars have reseller programs that enable individuals to gain cash from offering domains to end users. If you register with such a program, you can launch your own Internet business. Generally, 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 people in regional communities or states where the Registrar may not be popular at all. This implies more sales for the Registrar, so both sides will earn a profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar levies for the domain name registration.
Offer Domain Names Under Your Very Own Brand Name
When you register with a domain reseller program, you will acquire a webspace hosting CP where you can settle the prices for the specific Top-Level Domains that the Registrar offers. Most corporations also offer invoicing transaction software and site themes for your web store, and the automation of the entire procedure together with the enlarging demand for domain names render the domain name reseller market niche so seductive. You will either acquire a pre-built website and use the Registrar platform to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can set up your very own site and order form. Commonly, you have the option to pick between the 2 possibilities, so it all revolves around how expert you are in these issues. As a domain name reseller, you will work under your personal brand name and not under the Registrar's.
Gain Revenue From Selling Web Hosting Accounts As Well
A reasonable supplement to your domain name reseller business would be to sell web hosting accounts too. Thus, you can give a package deal to customers who wish to have their website and demand both a domain and a hosting plan. A number of firms have such options. With 'ResellersPanel', for example, you can buy a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and free invoicing software to bill your clients. You can then sell TLDs and shared hosting plans to clients, and since they provide many different domain extensions, you will be able to offer domain name and hosting services to clients from all over the globe.