Domain reseller
The World Wide Web is an ever-increasing system that furnishes new possibilities to earn money online. One of these opportunities is to be a domain name reseller and sell domains to end users, generating profit from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered every day, and there are millions of presently functioning domains, so this is a flourishing trading niche that you can become a part of.
TLDs and SLDs
A domain consists of two components - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic TLDs comprise the best known domain name extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs are made of two-letter abbreviations that correspond to each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code top-level domain name, has a Registry - an organization that manages the registrations and sets the prerequisites that each particular TLD may impose, such as the duration of the registration period or the residency of the registrant. A number of Registrar corporations work under the Registry. These are the corporations that in fact offer the domain name to customers and administer all DNS records.
Earn Money From Offering Domains
Plenty of Registrars have reseller programs that enable individuals to make money from selling domain names to end clients. If you register with such a program, you can launch your own personal electronic business. Normally, a domain name will be cheaper if it is registered via a reseller rather than if it is bought directly from the Registrar by an end client. The reason is that resellers can reach more users in regions or countries where the Registrar may not be famous whatsoever. This means 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 requires for the domain registration.
Trade Top-Level Domain Names On Behalf Of Your Own Brand
When you subscribe to a domain reseller program, you will have a web space hosting Control Panel where you can fix the prices for the different Top-Level Domains that the Registrar offers. Most firms also provide billing management software and web layouts for your virtual storefront, and the automation of the entire process combined with the growing demand for domains make the domain name reseller market so seductive. You will either obtain a ready-to-use web site and utilize the Registrar system to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your very own web site and form for placing orders. Traditionally, you have the opportunity to select between the two alternatives, so it all depends on how skillful you are in these issues. As a domain reseller, you will work on behalf of your personal brand and not under the Registrar's.
Gain Revenue From Providing Web Space Hosting Plans As Well
A relevant addition to your domain name reseller business would be to sell web hosting packages too. Thereby, you can offer a package deal to customers who want to make their site and require both a domain and a web space hosting package. A number of corporations supply such options. With 'ResellersPanel', for example, you can manage a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and free-of-cost invoice transaction software to charge your customers. You can then sell domain names and shared web hosting plans to clients, and since they provide a lot of different domain extensions, you will be able to provide domain and hosting services to people from all around the world.