Domain name reseller
The World Wide Web is an ever-growing community that supplies new opportunities to make money on the Internet. One of them is to become a domain reseller and sell domains to end clients, gaining profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered each day, and there are millions of currently active domain names, so this is a flourishing trading niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain name contains two components - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the SLD.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains include the most popular domain name extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains include two-character abbreviations that signify 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 TLD, has a Registry - an organization that is responsible for the registrations and sets the requirements that each given TLD may have, including the length of the registration term or the citizenship of the registrant. A number of Registrar corporations operate under the Registry. These are the companies that in fact sell the domain name to customers and manage all DNS resource records.
Make Revenue From Trading Domains
Numerous Registrars have reseller programs that allow individuals to make revenue from offering domain names to end clients. If you sign up for such a program, you can launch your own online business. As a rule, a domain will be more inexpensive if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end client. The reason is that resellers can reach more people in local communities or states where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both sides will profit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar charges for the domain name registration.
Resell TLDs Under Your Very Own Personal Trademark Name
When you register with a domain name reseller program, you will have a web site hosting CP where you can settle the prices for the individual Top-Level Domains that the Registrar offers. Most companies also provide billing software and web page templates for your online store, and the automation of the entire procedure combined with the strong demand for domains render the domain reseller business niche so alluring. You will either acquire a turn-key web site and make use of the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can build your very own web page and order form. Generally, you have the opportunity to pick between the two options, so it all revolves around how accomplished you are in these things. As a domain name reseller, you will do business on behalf of your personal trademark name and not under the Registrar's.
Earn Revenue From Selling Web Space Hosting Plans Too
A perfect supplement to your domain reseller business would be to sell web hosting plans too. Thereby, you can give a package deal to customers who want to establish their website and need both a domain name and a web hosting package. Certain firms offer such options. With 'ResellersPanel', for example, you can have a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and free invoice transaction software to bill your clients. You can then sell domains and shared website hosting accounts to clients, and since they provide a lot of different domain name extensions, you will be able to offer domain name and hosting services to users from all over the globe.