Domain name reseller
The Internet is an ever-enlarging community that generates new options to earn money on the Internet. One of these possibilities is to become a domain name reseller and offer domains to end users, gaining revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered every day, and there are millions of currently active domain names, so this is a developing business niche that you can be involved in.
TLDs and SLDs
A domain name is composed of 2 entities - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
gTLDs and ccTLDs
The TLDs can be generic or country code. The gTLDs comprise the most common domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names are made of 2-letter abbreviations that correspond to each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a country-code Top-Level Domain, has a Registry - an organization that administers the registrations and determines the requirements that each given top-level domain name may entail, among them the length of the registration period or the residency of the registrant. A number of Registrar companies operate under the Registry. These are the companies that actually offer the domain name to clients and handle all DNS resource records.
Earn Money From Offering Domain Names
Numerous Registrars have reseller programs that permit individuals to gain money from selling domains to end users. If you subscribe to such a program, you can establish your own personal Internet business. Normally, a domain will be cheaper if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end user. The reason is that resellers can contact more clients in areas or states where the Registrar may not be known at all. This means more sales for the Registrar, so both parties will benefit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain registration.
Resell Top-Level Domain Names Under Your Own Trademark Name
When you sign up for a domain reseller program, you will have a site hosting Control Panel where you can settle the prices for the different TLDs that the Registrar provides. Most firms also provide billing software and web page themes for your online store, and the automation of the entire procedure coupled with the towering demand for domain names make the domain name reseller industry so attractive. You will either get a pre-made website and use the Registrar system to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can create your own personal web site and form for placing orders. Normally, you have the option to select between the 2 alternatives, so it all revolves around how trained you are in these issues. As a domain reseller, you will work on behalf of your own personal brand name and not under the Registrar's.
Gain Money From Supplying Webspace Hosting Solutions As Well
A suitable addition to your domain reseller business would be to sell web hosting packages as well. Thus, you can give a package deal to customers who wish to launch their online portal and demand both a domain and a web site hosting account. Particular firms have such options. With 'ResellersPanel', for example, you can purchase a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge billing management software to charge your clients. You can then sell Top-Level Domains and shared website hosting accounts to clients, and since they provide plenty of different domain name extensions, you will be able to offer domain and hosting services to clients from all over the world.