Domain name reseller
The World Wide Web is an ever-expanding community that delivers new ways to make money on the Web. One of these options is to become a domain reseller and offer domain names to end customers, gaining revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered each and every day, and there are 1 000 000's of currently functioning domains, so this is an enlarging trading niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain is composed of two parts - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic top-level domain names include the most widely used domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs include two-letter abbreviations that symbolize each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code top-level domain name, has a Registry - an organization that manages the registrations and sets the prerequisites that each given TLD may include, like the duration of the registration term or the citizenship of the registrant. A number of Registrar firms work under the Registry. These are the companies that actually offer the domain name to customers and handle all domain resource records.
Make Profit From Reselling Domains
Numerous Registrars have reseller programs that allow people to earn cash from selling domain names to end clients. If you sign up for such a program, you can initiate your very own personal web business. Typically, a domain will cost less if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end user. The explanation is that resellers can contact more customers in local communities or countries where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both sides will benefit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain name registration.
Resell TLDs Under Your Very Own Brand Name
When you sign up for a domain name reseller program, you will have a hosting CP where you can select the prices for the various Top-Level Domains that the Registrar offers. Most companies also offer invoice management software and web themes for your web shop, and the automation of the whole process coupled with the towering demand for domain names render the domain reseller industry so attractive. You will either acquire a pre-developed website and use the Registrar platform to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can create your very own website and form for placing orders. Normally, you have the option to select between the two alternatives, so it all revolves around how practiced you are in these things. As a domain reseller, you will do business under your personal brand and not on behalf of the Registrar's brand.
Make Profit From Trading Hosting Packages As Well
A perfect supplement to your domain name reseller business would be to sell web hosting accounts as well. In this way, you can offer a package deal to users who desire to make their web portal and require both a domain name and a web page hosting package. Given corporations provide such options. With 'ResellersPanel', for instance, you can have a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge invoice management software to bill your customers. You can then offer TLDs and shared hosting accounts to clients, and since they offer plenty of diverse domain name extensions, you will be able to provide domain and hosting services to persons from all around the world.