Domain name reseller
The Internet is an ever-developing system that offers new possibilities to gain money on the Web. One of these options is to be a domain name reseller and sell domains to end users, making profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered each and every day, and there are millions of currently active domain names, so this is a growing trading niche that you can be involved in.
TLDs and SLDs
A domain name contains 2 pieces - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic TLDs include the most widely used domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs comprise two-character abbreviations that symbolize 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 generic top-level domain name or a country-code TLD, has a Registry - an institution that tackles the registrations and determines the requirements that each given Top-Level Domain may contain, like the length of the registration period or the residency of the registrant. Certain Registrar companies work under the Registry. These are the corporations that in fact offer the domain name to clients and manage all DNS records.
Gain Money From Offering Domain Names
Plenty of Registrars have reseller programs that permit people to earn profit from selling domains to end users. If you sign up for such a program, you can launch your own personal e-business. As a rule, a domain will be cheaper if it is registered via a reseller rather than if it is bought straight from the Registrar by an end user. The cause is that resellers can contact more users in local regions or states where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both parties will cash in on that. Your profit will be the difference between the price that the customer pays and the one that the Registrar requires for the domain name registration.
Sell Domains Under Your Very Own Brand
When you subscribe to a domain reseller program, you will have a website hosting Control Panel where you can set the prices for the separate top-level domain names that the Registrar provides. Most firms also provide billing management software and website skins for your virtual store, and the automation of the whole procedure combined with the proliferating demand for domain names make the domain reseller business so desirable. You will either get a ready-to-use web site and avail of the Registrar platform to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your own web site and form for placing orders. Commonly, you have the option to pick between the two alternatives, so it all revolves around how practiced you are in these things. As a domain name reseller, you will sell on behalf of your personal brand name and not under the Registrar's brand.
Make Profit From Providing Hosting Plans As Well
An excellent addition to your domain name reseller business would be to sell web hosting services too. Thus, you can offer a package deal to clients who want to build their web page and require both a domain and a site hosting account. Certain companies provide such options. With 'ResellersPanel', for instance, you can have a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and free invoice software to charge your clients. You can then offer domain names and shared website hosting packages to clients, and since they provide many diverse domain extensions, you will be able to provide domain and hosting services to users from all over the world.