Domain name reseller
The World Wide Web is an ever-flourishing community that furnishes new possibilities to make money on the Internet. One of these ways is to become a domain name reseller and sell domain names to end users, making profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered every day, and there are 1 000 000's of currently active domain names, so this is a blooming trading niche that you can be involved in.
TLDs and SLDs
A domain involves 2 constituents - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The gTLDs include the most widespread domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs consist of 2-letter abbreviations that represent each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a country-code Top-Level Domain, has a Registry - an institution that handles the registrations and sets the preconditions that each particular TLD may have, including the duration of the registration term or the residency of the registrant. Certain Registrar corporations work under the Registry. These are the corporations that actually offer the domain name to customers and administer all DNS resource records.
Make Profit From Selling Domain Names
A lot of Registrars have reseller programs that permit people to make revenue from offering domain names to end clients. If you subscribe to such a program, you can kick off your very own personal Internet business. Usually, a domain will be cheaper if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end customer. The cause is that resellers can contact more people in areas or countries where the Registrar may not be famous at all. This implies more sales for the Registrar, so both parties will take advantage of that. Your profit will be the difference between the price that the customer pays and the one that the Registrar requires for the domain registration.
Sell Domain Names On Behalf Of Your Own Personal Trademark Name
When you sign up for a domain name reseller program, you will get a web hosting CP where you can settle the prices for the specific Top-Level Domains that the Registrar offers. Most firms also offer invoicing software and web design themes for your online storefront, and the automation of the entire process combined with the vast demand for domain names render the domain name reseller business so seductive. You will either acquire a pre-developed site and utilize the Registrar system to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can create your own personal site and form for placing orders. Generally, you have the opportunity to decide between the 2 possibilities, so it all depends on how expert you are in these issues. As a domain name reseller, you will sell under your very own brand name and not under the Registrar's.
Earn Revenue From Promoting Website Hosting Plans As Well
A relevant supplement to your domain reseller business would be to sell web hosting services as well. Thus, you can offer a package deal to individuals who want to develop their website and demand both a domain and a web hosting package. Certain corporations offer such options. With 'ResellersPanel', for example, you can have a Virtual Server or a dedicated server, and they will also give you a domain reseller account and free-of-cost billing software to bill your clients. You can then offer top-level domain names and shared hosting packages to customers, and since they offer many different domain name extensions, you will be able to offer domain name and hosting services to individuals from all around the world.