Domain name reseller
The Internet is an ever-expanding system that delivers new options to gain money on the Internet. One of these opportunities is to become a domain name reseller and offer domains to end customers, gaining revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered each day, and there are 1 000 000's of presently functioning domain names, so this is an expanding trading niche that you can become a part of.
Top-Level and Second-Level Domains
A domain name comprises two parts - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The gTLDs include the most popular domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains include 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 country-code TLD, has a Registry - an organization that handles the registrations and determines the requirements that each particular TLD may have, such as the duration of the registration period or the residency of the registrant. A number of Registrar corporations work under the Registry. These are the companies that in fact offer the domain name to clients and manage all domain name resource records.
Earn Revenue From Trading Domain Names
Lots of Registrars have reseller programs that allow people to make profit from selling domains to end users. If you register with such a program, you can build your own personal web business. Usually, a domain will cost less if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end client. The reason is that resellers can contact more people in local districts or states where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides will profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar levies for the domain name registration.
Trade Top-Level Domains Under Your Own Brand Name
When you register with a domain name reseller program, you will have a web hosting CP where you can select the prices for the various top-level domain names that the Registrar offers. Most corporations also provide invoice software and web site layouts for your virtual store, and the automation of the whole procedure together with the strong demand for domains make the domain reseller market niche so alluring. You will either obtain a ready-for-use site and use the Registrar system to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can create your own online portal and order form. Usually, you have the opportunity to select between the two options, so it all depends on how experienced you are in these things. As a domain name reseller, you will operate on behalf of your personal trademark name and not under the Registrar's.
Make Revenue From Offering Web Space Hosting Accounts As Well
A logical addition to your domain reseller business would be to sell web hosting solutions as well. Thereby, you can offer a package deal to users who wish to set up their site and require both a domain name and a site hosting plan. Particular firms offer such options. With 'ResellersPanel', for instance, 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 invoicing software to bill your customers. You can then offer domain names and shared web hosting plans to clients, and since they provide lots of diverse domain name extensions, you will be able to provide domain and hosting services to users from all around the globe.