Domain name reseller
The World Wide Web is an ever-expanding community that delivers new ways to earn money on the Internet. One of these opportunities is to be a domain name reseller and sell domain names to end clients, gaining revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered every day, and there are millions of currently active domains, so this is a growing trading niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain name involves 2 parts - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic top-level domain names include the most popular domain extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names consist of two-character abbreviations that denote each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic Top-Level Domain or a country-code TLD, has a Registry - an institution that handles the registrations and sets the prerequisites that each particular top-level domain name may entail, among them the length of the registration term or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the companies that in fact sell the domain name to customers and manage all domain name resource records.
Gain Cash From Reselling Domain Names
Lots of Registrars have reseller programs that enable individuals to make cash from offering domains to end clients. If you sign up for such a program, you can initiate your very own personal electronic business. Normally, a domain will be cheaper if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end user. The cause is that resellers can reach more users in provinces or countries where the Registrar may not be famous at all. This implies more sales for the Registrar, so both parties will profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar charges for the domain registration.
Sell Top-Level Domain Names Under Your Own Trademark Name
When you subscribe to a domain name reseller program, you will acquire a website hosting CP where you can fix the prices for the various Top-Level Domains that the Registrar provides. Most firms also provide billing transaction software and site templates for your virtual storefront, and the automation of the entire procedure combined with the increasing demand for domains render the domain name reseller industry so alluring. You will either obtain a pre-developed site and make use of the Registrar platform to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your own web site and form for placing orders. Traditionally, you have the opportunity to choose between the 2 possibilities, so it all revolves around how proficient 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 Profit From Promoting Web Site Hosting Plans As Well
A perfect addition to your domain name reseller business would be to sell web hosting plans too. In this way, you can give a package deal to people who want to launch their online portal and demand both a domain and a web space hosting plan. Given corporations offer such options. With 'ResellersPanel', for instance, you can order a VPS or a dedicated server, and they will also give you a domain name reseller account and free-of-charge invoice management software to bill your clients. You can then offer domains and shared website hosting plans to clients, and since they offer plenty of different domain name extensions, you will be able to provide domain and hosting services to individuals from all over the globe.