Domain name reseller
The World Wide Web is an ever-growing community that delivers new ways to earn money on the Internet. One of these possibilities is to be a domain reseller and sell domains to end users, making revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered every day, and there are millions of currently functioning domains, so this is a growing trading niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain includes 2 components - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
gTLDs and ccTLDs
The TLDs can be generic or country code. The gTLDs comprise the most widespread domain name extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs involve two-letter abbreviations that correspond to each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a ccTLD, has a Registry - an institution that is responsible for the registrations and determines the prerequisites that each specific Top-Level Domain may entail, like the length of the registration period or the citizenship of the registrant. Certain Registrar companies operate under the Registry. These are the firms that actually offer the domain name to customers and manage all domain records.
Earn Revenue From Reselling Domains
Many Registrars have reseller programs that enable individuals to gain profit from selling domain names to end users. If you sign up for such a program, you can build your own personal e-business. Commonly, a domain will be cheaper if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end customer. The explanation is that resellers can reach more clients in regional communities or states where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both sides will 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.
Resell Top-Level Domain Names Under Your Own Personal Trademark Name
When you sign up for a domain name reseller program, you will receive a webspace hosting Control Panel where you can determine the prices for the separate Top-Level Domains that the Registrar provides. Most companies also offer billing software and web site layouts for your virtual shop, and the automation of the entire procedure together with the rising demand for domain names make the domain name reseller industry so alluring. You will either have a ready-for-use web site and use the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your own website and order form. Usually, you have the opportunity to select between the two possibilities, so it all revolves around how practiced you are in these things. As a domain name reseller, you will operate under your personal trademark name and not on behalf of the Registrar's.
Earn Revenue From Promoting Web Page Hosting Plans As Well
A logical addition to your domain reseller business would be to sell web hosting plans too. Thus, you can give a package deal to clients who wish to build their web portal and need both a domain name and a webspace hosting account. Given companies have such options. With 'ResellersPanel', for instance, you can manage a Virtual Server or a dedicated server, and they will also give you a domain reseller account and charge-free invoice software to charge your customers. You can then sell domains and shared web hosting accounts to clients, and since they offer lots of diverse domain extensions, you will be able to offer domain and hosting services to users from all around the world.