Domain name reseller
The Internet is an ever-growing community that furnishes new ways to earn money on the Internet. One of these opportunities is to be a domain reseller and offer domain names to end clients, generating profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered each and every day, and there are millions of presently functioning domain names, so this is an increasing business niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain includes two components - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most common domain name extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains consist of 2-character abbreviations that symbolize each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a ccTLD, has a Registry - an organization that is responsible for the registrations and sets the requirements that each concrete top-level domain name may have, such as the length of the registration period or the citizenship of the registrant. A number of Registrar corporations operate under the Registry. These are the companies that in fact sell the domain name to clients and administer all DNS records.
Make Profit From Trading Domains
Multiple Registrars have reseller programs that permit people to gain profit from offering domain names to end clients. If you register with such a program, you can initiate your very own personal online business. Usually, a domain will be cheaper if it is registered through a reseller rather than if it is bought directly from the Registrar by an end user. The explanation is that resellers can contact more customers in provinces or countries where the Registrar may not be famous at all. 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 user pays and the one that the Registrar charges for the domain registration.
Sell Domains Under Your Very Own Personal Trademark Name
When you register with a domain name reseller program, you will get a webspace hosting CP where you can choose the prices for the different TLDs that the Registrar offers. Most firms also provide invoice management software and web page themes for your web storefront, and the automation of the entire process combined with the strong demand for domain names render the domain reseller industry so alluring. You will either have a pre-made web site and utilize the Registrar platform to sell domains, or they will give you access to their API (Application Programming Interface) so that you can create your very own website and order form. Traditionally, you have the option to choose between the two options, so it all revolves around how experienced you are in these matters. As a domain reseller, you will sell on behalf of your personal trademark name and not under the Registrar's brand.
Gain Revenue From Trading Hosting Packages Too
A good addition to your domain name reseller business would be to sell web hosting solutions as well. Thereby, you can give a package deal to persons who desire to develop their web portal and demand both a domain and a hosting account. Given firms provide such options. With 'ResellersPanel', for instance, you can buy a VPS or a dedicated server, and they will also give you a domain name reseller account and free-of-charge invoicing software to bill your customers. You can then sell top-level domain names and shared website hosting plans to clients, and since they offer lots of diverse domain name extensions, you will be able to offer domain name and hosting services to users from all around the globe.