Domain name reseller
The World Wide Web is an ever-developing community that provides new opportunities to gain cash online. One of these options is to become a domain name reseller and offer domains to end clients, generating revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered each and every day, and there are 1 000 000's of currently active domain names, so this is a growing trading niche that you can be engaged in.
TLDs and SLDs
A domain name is composed of 2 entities - 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 name and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic Top-Level Domains comprise the most famous domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains contain two-letter abbreviations that represent each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code TLD, has a Registry - an organization that administers the registrations and sets the prerequisites that each particular Top-Level Domain may entail, among them the duration of the registration term or the residency of the registrant. A number of Registrar companies work under the Registry. These are the companies that actually offer the domain name to clients and handle all DNS resource records.
Gain Revenue From Offering Domain Names
Multiple Registrars have reseller programs that enable people to make profit from offering domain names to end customers. If you register with such a program, you can establish your very own personal electronic business. Regularly, a domain will be more inexpensive if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end client. The explanation is that resellers can reach more clients in local regions or countries where the Registrar may not be popular at all. This means more sales for the Registrar, so both sides will take advantage of that. Your revenue will be the difference between the price that the client pays and the one that the Registrar requires for the domain name registration.
Resell Top-Level Domains Under Your Very Own Trademark Name
When you sign up for a domain name reseller program, you will get a web space hosting CP where you can choose the prices for the separate top-level domain names that the Registrar offers. Most firms also provide invoicing software and website layouts for your virtual storefront, and the automation of the whole procedure combined with the considerable demand for domains make the domain name reseller industry so attractive. You will either receive a ready-made site and avail of the Registrar system to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can set up your very own online portal and order form. Traditionally, you have the option to select between the two options, so it all revolves around how skilled you are in these affairs. As a domain name reseller, you will operate on behalf of your own trademark name and not under the Registrar's.
Gain Cash From Offering Site Hosting Plans As Well
A good addition to your domain reseller business would be to sell web hosting solutions too. Thereby, you can offer a package deal to clients who want to develop their site and demand both a domain and a webspace hosting plan. Given corporations supply such options. With 'ResellersPanel', for instance, you can order a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and charge-free billing software to charge your customers. You can then sell top-level domain names and shared hosting plans to customers, and since they provide a lot of diverse domain extensions, you will be able to offer domain name and hosting services to people from all over the globe.