Domain name reseller
The World Wide Web is an ever-enlarging system that provides new opportunities to make money on the Internet. One of these options is to become a domain reseller and offer domains to end users, gaining revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each and every day, and there are 1 000 000's of presently functioning domains, so this is a flowering trading niche that you can be involved in.
TLDs and SLDs
A domain comprises 2 parts - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the second-level domain name.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic top-level domain names comprise the best known domain extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names involve 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 generic TLD or a ccTLD, has a Registry - an institution that tackles the registrations and determines the preconditions that each particular TLD may entail, among them the length of the registration period 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 resource records.
Gain Profit From Reselling Domains
Many Registrars have reseller programs that enable people to make money from selling domains to end customers. If you register with such a program, you can launch your very own online business. Typically, a domain name will be cheaper if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end user. The reason is that resellers can contact more persons in provinces or countries where the Registrar may not be famous at all. This implies more sales for the Registrar, so both parties will earn a profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar requires for the domain name registration.
Resell TLDs Under Your Own Trademark Name
When you register with 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 corporations also offer invoicing transaction software and web page skins for your online storefront, and the automation of the entire process together with the huge demand for domains make the domain reseller industry so desirable. You will either acquire a ready-to-use website 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 build your own personal site and order form. Typically, you have the option to select between the 2 possibilities, so it all revolves around how accomplished you are in these matters. As a domain reseller, you will operate on behalf of your very own personal trademark name and not on behalf of the Registrar's.
Earn Profit From Providing Site Hosting Services Too
A relevant addition to your domain name reseller business would be to sell web hosting packages too. In this way, you can give a package deal to persons who would like to build their web portal and demand both a domain name and a webspace hosting package. A few companies have such options. With 'ResellersPanel', for example, you can have a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and charge-free billing transaction software to charge your customers. You can then sell Top-Level Domains and shared website hosting plans to clients, and since they offer lots of different domain extensions, you will be able to provide domain name and hosting services to individuals from all over the world.