Domain name reseller
The Internet is an ever-flourishing platform that generates new opportunities to gain money on the Web. One of them is to be a domain reseller and sell domains to end clients, gaining revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered each and every day, and there are 1 000 000's of currently functioning domain names, so this is a blossoming trading niche that you can be engaged in.
TLDs and SLDs
A domain name consists of two constituents - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic top-level domain names include the most widespread domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names include two-letter abbreviations that symbolize each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code Top-Level Domain, has a Registry - an organization that is responsible for the registrations and determines the preconditions that each concrete Top-Level Domain may entail, among them the length of the registration period or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the companies that in fact offer the domain name to customers and manage all domain resource records.
Earn Money From Reselling Domains
Multiple Registrars have reseller programs that permit people to gain profit from selling domains to end customers. If you subscribe to such a program, you can set up your very own e-business. Normally, a domain will cost less if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end client. The reason is that resellers can reach more users in provinces or countries where the Registrar may not be popular at all. 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 levies for the domain registration.
Sell TLDs On Behalf Of Your Personal Trademark Name
When you register with a domain name reseller program, you will acquire a webspace hosting CP where you can fix the prices for the different top-level domain names that the Registrar provides. Most companies also offer billing software and web themes for your web store, and the automation of the whole process combined with the towering demand for domains make the domain reseller industry so tempting. You will either have a pre-built website and make use of the Registrar platform to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can create your very own web site and order form. Usually, you have the opportunity to pick between the two possibilities, so it all depends on how practiced you are in these affairs. As a domain name reseller, you will work on behalf of your very own brand name and not on behalf of the Registrar's brand.
Gain Money From Offering Hosting Plans As Well
A relevant supplement to your domain name reseller business would be to sell web hosting accounts as well. Thereby, you can give a package deal to individuals who would like to launch their website and need both a domain name and a web space hosting plan. Some companies have such options. With 'ResellersPanel', for example, you can purchase a Virtual Server or a dedicated server, and they will also give you a domain reseller account and free-of-cost invoicing transaction software to charge your clients. You can then offer top-level domain names and shared web hosting packages to clients, and since they provide lots of different domain name extensions, you will be able to offer domain name and hosting services to customers from all around the world.