Domain name reseller
The Internet is an ever-flourishing system that delivers new opportunities to earn money on the Internet. One of these opportunities is to become a domain reseller and sell domains to end customers, generating profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered each and every day, and there are millions of currently active domains, so this is a thriving trading niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain name is made of two parts - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the SLD.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The gTLDs comprise the most conventional domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs consist of two-character abbreviations that represent each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a ccTLD, has a Registry - an institution that handles the registrations and sets the preconditions that each given Top-Level Domain may impose, among them the duration of the registration term or the citizenship of the registrant. Certain Registrar corporations operate under the Registry. These are the companies that actually offer the domain name to customers and handle all domain records.
Earn Profit From Reselling Domain Names
Plenty of Registrars have reseller programs that allow people to gain cash from offering domains to end users. If you register with such a program, you can commence your own Internet business. Regularly, a domain name will cost less if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end user. The reason is that resellers can reach more people in regional districts or countries where the Registrar may not be popular 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 levies for the domain registration.
Offer Top-Level Domain Names On Behalf Of Your Very Own Trademark Name
When you subscribe to a domain reseller program, you will have a web site hosting CP where you can determine the prices for the different Top-Level Domains that the Registrar provides. Most firms also offer billing software and web page layouts for your virtual store, and the automation of the entire procedure together with the towering demand for domain names render the domain reseller business so alluring. You will either obtain a ready-made site and utilize the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your own website and form for placing orders. Traditionally, you have the opportunity to select between the 2 options, so it all revolves around how skillful you are in these matters. As a domain name reseller, you will sell on behalf of your very own brand name and not under the Registrar's.
Make Revenue From Supplying Web Site Hosting Services Too
A relevant 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 users who desire to have their web portal and need both a domain name and a web site hosting package. A number of corporations furnish such options. With 'ResellersPanel', for instance, you can manage a VPS or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost invoice management software to bill your customers. You can then offer TLDs and shared website hosting packages to customers, and since they offer many diverse domain extensions, you will be able to provide domain and hosting services to users from all over the globe.