Domain name reseller
The Internet is an ever-increasing platform that delivers new ways to earn money on the Internet. One of these ways is to be a domain name reseller and offer domains to end clients, gaining profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered each and every day, and there are millions of presently active domains, so this is a blooming business niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain name is composed of 2 entities - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The gTLDs include the most conventional domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs are composed of 2-letter abbreviations that stand for each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a country-code one, has a Registry - an institution that manages the registrations and determines the requirements that each concrete Top-Level Domain may have, among them the length of the registration period or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the companies that in fact offer the domain name to customers and administer all domain resource records.
Earn Profit From Selling Domain Names
Multiple Registrars have reseller programs that allow people to gain revenue from offering domains to end clients. If you subscribe to such a program, you can kickstart your own personal e-business. Typically, 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 user. The reason is that resellers can contact more individuals in local districts or countries where the Registrar may not be famous whatsoever. 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 user pays and the one that the Registrar levies for the domain registration.
Resell Domains On Behalf Of Your Very Own Brand Name
When you subscribe to a domain name reseller program, you will acquire a webspace hosting CP where you can set the prices for the individual TLDs that the Registrar provides. Most corporations also provide billing management software and web site skins for your virtual store, and the automation of the entire procedure together with the swelling demand for domain names render the domain name reseller business so attractive. You will either receive a turn-key web site and avail of the Registrar platform to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can build your own personal site and order form. Typically, you have the opportunity to decide between the two options, so it all depends on how experienced you are in these matters. As a domain name reseller, you will do business under your own personal brand name and not on behalf of the Registrar's brand.
Gain Revenue From Trading Web Hosting Plans As Well
An appropriate supplement to your domain reseller business would be to sell web hosting solutions too. Thereby, you can offer a package deal to persons who wish to run their website and demand both a domain name and a hosting account. A few companies furnish such options. With 'ResellersPanel', for example, you can run a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge invoicing transaction software to charge your clients. You can then sell domain names and shared hosting accounts to customers, and since they provide lots of diverse domain name extensions, you will be able to offer domain and hosting services to users from all over the globe.