Domain name reseller
The Internet is an ever-flourishing system that generates new possibilities to gain cash on the Internet. One of these opportunities is to be a domain reseller and sell domains to end customers, making profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered every day, and there are 1 000 000's of currently active domain names, so this is an increasing trading niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain comprises 2 constituents - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic TLDs include the most common domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains are composed of 2-character abbreviations that denote each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a country-code TLD, has a Registry - an institution that handles the registrations and sets the requirements that each specific top-level domain name may involve, including the length of the registration period or the citizenship of the registrant. Certain Registrar corporations operate under the Registry. These are the firms that in fact offer the domain name to customers and administer all domain resource records.
Make Money From Selling Domain Names
Multiple Registrars have reseller programs that enable individuals to gain money from selling domains to end customers. If you register with such a program, you can start your own e-business. As a rule, a domain name will be more inexpensive if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end customer. The reason is that resellers can reach more people in local districts or states where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both parties will capitalize on that. Your profit will be the difference between the price that the customer pays and the one that the Registrar charges for the domain name registration.
Offer Domain Names On Behalf Of Your Very Own Personal Brand Name
When you subscribe to a domain name reseller program, you will obtain a web space hosting Control Panel where you can set the prices for the different Top-Level Domains that the Registrar offers. Most companies also provide invoice transaction software and site skins for your virtual shop, and the automation of the whole procedure coupled with the considerable demand for domains render the domain reseller market niche so alluring. You will either receive a pre-made site and make use of the Registrar platform to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your very own web portal and order form. Generally, you have the opportunity to decide between the two options, so it all revolves around how proficient you are in these affairs. As a domain reseller, you will operate on behalf of your very own personal brand and not on behalf of the Registrar's brand.
Make Money From Offering Hosting Solutions Too
A reasonable supplement to your domain name reseller business would be to sell web hosting services as well. Thereby, you can offer a package deal to customers who desire to launch their web portal and require both a domain and a web space hosting package. Certain corporations supply such options. With 'ResellersPanel', for example, you can order a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and free-of-charge invoicing transaction software to bill your customers. You can then sell domain names and shared web hosting packages to customers, and since they provide a lot of diverse domain extensions, you will be able to provide domain and hosting services to customers from all over the globe.