Domain name reseller
The Internet is an ever-flourishing network that offers new ways to earn money online. One of these ways is to be a domain reseller and sell domain names to end clients, generating revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered each and every day, and there are 1 000 000's of currently active domain names, so this is a flowering trading niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain name is made of 2 components - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The gTLDs include the most popular domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains consist of 2-letter abbreviations that stand for each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a country-code top-level domain name, has a Registry - an institution that tackles the registrations and determines the prerequisites that each concrete Top-Level Domain may have, including the duration of the registration period or the residency of the registrant. A number of Registrar companies operate under the Registry. These are the companies that in fact sell the domain name to customers and handle all domain resource records.
Gain Revenue From Selling Domains
Many Registrars have reseller programs that allow people to make money from offering domain names to end customers. If you register with such a program, you can establish your own web 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 reason is that resellers can contact more users in regional districts or states where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both sides will benefit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar charges for the domain name registration.
Resell Domain Names Under Your Personal Brand Name
When you sign up for a domain reseller program, you will get a webspace hosting Control Panel where you can set the prices for the separate top-level domain names that the Registrar provides. Most companies also offer billing transaction software and web templates for your virtual store, and the automation of the entire process coupled with the big demand for domain names make the domain name reseller industry so desirable. You will either get a ready-made web site and make use of the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can set up your own personal portal and form for placing orders. Commonly, you have the opportunity to pick between the two alternatives, so it all depends on how experienced you are in these affairs. As a domain reseller, you will sell under your own personal brand name and not under the Registrar's.
Make Money From Reselling Web Space Hosting Plans As Well
An adequate supplement to your domain name reseller business would be to sell web hosting accounts as well. Thereby, you can offer a package deal to persons who wish to establish their web page and demand both a domain and a web page hosting account. Particular companies furnish such options. With 'ResellersPanel', for instance, you can have a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and free-of-charge invoice software to bill your customers. You can then offer Top-Level Domains and shared website hosting packages to customers, and since they offer many diverse domain extensions, you will be able to provide domain name and hosting services to users from all around the world.