Domain name reseller
The Internet is an ever-expanding community that supplies new possibilities to gain money online. One of these ways is to be a domain reseller and sell domains to end clients, gaining 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 domain names, so this is a growing business niche that you can become involved in.
TLDs and SLDs
A domain name is composed of two components - a top-level domain name (TLD) and a second-level domain name (SLD). If we take 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 domain names comprise the most widespread domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs involve 2-letter abbreviations that correspond to each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a country-code top-level domain name, has a Registry - an institution that is responsible for the registrations and determines the prerequisites that each specific Top-Level Domain may impose, among them the length of the registration term or the citizenship of the registrant. A number of Registrar corporations operate under the Registry. These are the firms that in fact sell the domain name to clients and handle all domain resource records.
Gain Money From Selling Domains
Lots of Registrars have reseller programs that permit individuals to earn money from offering domain names to end users. If you sign up for such a program, you can initiate your own personal e-business. Generally, a domain name will be cheaper if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end user. The cause is that resellers can reach more clients in regional communities or states where the Registrar may not be famous at all. This implies more sales for the Registrar, so both parties will profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar levies for the domain registration.
Offer Domains Under Your Very Own Personal Trademark Name
When you sign up for a domain reseller program, you will have a web hosting Control Panel where you can choose the prices for the individual Top-Level Domains that the Registrar provides. Most corporations also provide invoice transaction software and web site layouts for your online store, and the automation of the entire procedure coupled with the proliferating demand for domain names make the domain reseller industry so desirable. You will either receive a ready-to-use site and utilize the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can make your very own personal site and form for placing orders. Normally, you have the option to pick between the 2 possibilities, so it all depends on how advanced you are in these things. As a domain name reseller, you will do business under your very own personal brand and not under the Registrar's.
Gain Profit From Reselling Webspace Hosting Plans Too
A proper addition to your domain name reseller business would be to sell web hosting services as well. In this way, you can offer a package deal to clients who want to run their site and require both a domain and a website hosting plan. Certain corporations furnish such options. With 'ResellersPanel', for example, you can order a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and cost-free invoice management software to bill your customers. You can then offer TLDs and shared web hosting packages to customers, and since they provide plenty of different domain name extensions, you will be able to provide domain and hosting services to persons from all over the world.