Domain name reseller
The World Wide Web is an ever-increasing platform that supplies new ways to make money on the Web. One of these ways is to be a domain name reseller and offer domain names to end customers, making profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered every day, and there are millions of currently active domains, so this is a flourishing trading niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain name consists of 2 pieces - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic top-level domain names comprise the most famous domain name extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains include 2-character abbreviations that represent each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code top-level domain name, has a Registry - an institution that administers the registrations and sets the prerequisites that each concrete TLD may involve, like the length of the registration term or the residency of the registrant. Certain Registrar companies operate under the Registry. These are the corporations that in fact offer the domain name to clients and handle all domain name resource records.
Earn Revenue From Selling Domain Names
Lots of Registrars have reseller programs that allow individuals to gain cash from selling domain names to end clients. If you sign up for such a program, you can build your own Internet business. Commonly, a domain name will cost less if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end client. The cause is that resellers can contact more people in areas or states where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both sides will benefit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar charges for the domain registration.
Offer Domains Under Your Very Own Personal Trademark Name
When you sign up for a domain reseller program, you will acquire a site hosting CP where you can choose the prices for the different Top-Level Domains that the Registrar offers. Most companies also provide invoicing software and website themes for your web shop, and the automation of the entire procedure together with the immense demand for domains make the domain name reseller industry so alluring. You will either obtain a pre-built web site and avail of the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can make your very own site and order form. Traditionally, you have the opportunity to decide between the two options, so it all revolves around how proficient you are in these issues. As a domain reseller, you will sell on behalf of your very own personal brand name and not under the Registrar's.
Earn Money From Supplying Webspace Hosting Solutions As Well
An adequate addition to your domain reseller business would be to sell web hosting services too. Thus, you can offer a package deal to clients who desire to have their website and require both a domain and a web space hosting package. Given corporations offer such options. With 'ResellersPanel', for example, you can have a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and cost-free invoice software to bill your customers. You can then sell domains and shared website hosting plans to customers, and since they offer lots of different domain extensions, you will be able to offer domain name and hosting services to users from all over the globe.