Domain name reseller
The World Wide Web is an ever-increasing platform that delivers new opportunities to earn money online. One of these opportunities is to become a domain name reseller and sell domain names to end customers, gaining profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered each day, and there are millions of currently active domain names, so this is a blooming trading niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain contains 2 pieces - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic TLDs comprise the most widely used domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains contain 2-letter abbreviations that denote each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a ccTLD, has a Registry - an institution that tackles the registrations and determines the prerequisites that each particular TLD may contain, among them the duration of the registration term or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the corporations that actually sell the domain name to clients and handle all domain name resource records.
Make Profit From Reselling Domains
Numerous Registrars have reseller programs that permit individuals to gain money from selling domain names to end clients. If you subscribe to such a program, you can kickstart your very own electronic business. Generally, a domain name will be cheaper if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end customer. The cause is that resellers can reach more users in provinces or countries where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both sides 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 name registration.
Offer Top-Level Domains Under Your Very Own Trademark Name
When you sign up for a domain reseller program, you will acquire a webspace hosting Control Panel where you can select the prices for the individual Top-Level Domains that the Registrar offers. Most firms also provide invoice software and web design skins for your virtual shop, and the automation of the whole process coupled with the proliferating demand for domains render the domain name reseller market so attractive. You will either have a turn-key site and use the Registrar system to resell domains, or they will give you access to their API (Application Programming Interface) so that you can create your own personal website and order form. Usually, you have the opportunity to decide between the two possibilities, so it all revolves around how experienced you are in these matters. As a domain reseller, you will sell on behalf of your own brand and not on behalf of the Registrar's.
Make Money From Supplying Web Site Hosting Plans As Well
A logical addition to your domain name reseller business would be to sell web hosting plans too. Thereby, you can give a package deal to users who would like to build their web portal and need both a domain and a web hosting account. Given companies provide such options. With 'ResellersPanel', for instance, you can run a Virtual Server or a dedicated server, and they will also give you a domain reseller account and free billing management software to bill your clients. You can then offer domains and shared website hosting packages to customers, and since they offer a lot of diverse domain extensions, you will be able to provide domain name and hosting services to clients from all over the world.