Domain name reseller
The World Wide Web is an ever-growing community that supplies new opportunities to earn money on the Internet. One of them is to be a domain name reseller and sell domain names to end clients, gaining profit from the difference between the wholesale and the retail price of each 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 involved in.
Top-Level and Second-Level Domains Names
A domain is made of two pieces - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic Top-Level Domains include the most conventional domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names involve two-character abbreviations that symbolize each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code top-level domain name, has a Registry - an organization that deals with the registrations and determines the requirements that each particular top-level domain name may entail, including the length of the registration term or the citizenship of the registrant. A number of Registrar firms work under the Registry. These are the corporations that actually sell the domain name to clients and manage all domain name records.
Gain Revenue From Reselling Domains
Many Registrars have reseller programs that permit individuals to gain money from offering domains to end customers. If you subscribe to such a program, you can establish your very own electronic business. As a rule, a domain will be more inexpensive if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end customer. The cause is that resellers can contact more clients in regions or countries where the Registrar may not be popular at all. This implies more sales for the Registrar, so both sides will capitalize on that. Your profit will be the difference between the price that the client pays and the one that the Registrar levies for the domain name registration.
Trade TLDs On Behalf Of Your Personal Brand Name
When you sign up for a domain reseller program, you will acquire a website hosting CP where you can settle the prices for the individual TLDs that the Registrar provides. Most firms also offer invoicing software and templates for your online store, and the automation of the whole process coupled with the high demand for domains make the domain name reseller business so seductive. You will either obtain a pre-built web site and avail of the Registrar platform to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can make your very own personal website and order form. Traditionally, you have the option to decide between the two options, so it all depends on how expert you are in these issues. As a domain reseller, you will sell on behalf of your personal brand name and not on behalf of the Registrar's brand.
Earn Profit From Supplying Hosting Packages Too
An adequate supplement to your domain name reseller business would be to sell web hosting accounts as well. Thereby, you can offer a package deal to users who wish to develop their online portal and need both a domain and a web site hosting package. Particular companies offer such options. With 'ResellersPanel', for instance, you can have a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and free invoicing transaction software to charge your customers. You can then offer domains and shared 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 customers from all around the world.