Domain name reseller
The Internet is an ever-increasing platform that supplies new options to gain cash on the Web. One of these ways is to be a domain reseller and offer domains to end customers, gaining revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered each and every day, and there are millions of currently active domains, so this is a developing business niche that you can be engaged in.
TLDs and SLDs
A domain name is composed of 2 parts - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic TLDs include the most conventional domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names contain two-character abbreviations that represent 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 gTLD or a country-code TLD, has a Registry - an organization that manages the registrations and determines the prerequisites that each particular Top-Level Domain may involve, among them the duration of the registration term or the citizenship of the registrant. A number of Registrar corporations operate under the Registry. These are the companies that actually offer the domain name to clients and administer all DNS records.
Make Cash From Offering Domains
A lot of Registrars have reseller programs that enable individuals to earn revenue from offering domains to end clients. If you subscribe to such a program, you can establish your own personal online business. Regularly, a domain name will cost less if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end user. The reason is that resellers can contact more persons in regional districts or countries where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both parties will take advantage of 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.
Offer Domains Under Your Personal Brand
When you register with a domain name reseller program, you will obtain a hosting Control Panel where you can select the prices for the specific TLDs that the Registrar offers. Most companies also offer invoicing transaction software and web design templates for your web storefront, and the automation of the entire process together with the enormous demand for domains render the domain name reseller industry so alluring. You will either get a turn-key website and use the Registrar system to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can build your own web page and form for placing orders. Usually, you have the opportunity to decide between the 2 alternatives, so it all depends on how practiced you are in these things. As a domain reseller, you will operate under your personal brand and not under the Registrar's brand.
Make Money From Reselling Webspace Hosting Packages As Well
An appropriate supplement to your domain name reseller business would be to sell web hosting services as well. In this way, you can give a package deal to people who want to run their web site and demand both a domain name and a web space hosting account. A number of corporations provide such options. With 'ResellersPanel', for instance, you can order a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and free invoicing transaction software to bill your clients. You can then offer domains and shared website hosting accounts to customers, and since they provide lots of different domain extensions, you will be able to provide domain name and hosting services to persons from all around the world.