Domain name reseller
The Internet is an ever-increasing system that provides new opportunities to earn money on the Web. One of them is to be a domain reseller and offer domain names to end users, generating profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered each day, and there are millions of currently functioning domains, so this is a blossoming trading niche that you can be engaged in.
TLDs and SLDs
A domain name is made of 2 pieces - a Top-Level Domain (TLD) and a Second-Level Domain (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 Domain Names
The top-level domain names can be generic or country code. The generic top-level domain names comprise the most famous domain extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs are made of two-character abbreviations that correspond to each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a country-code Top-Level Domain, has a Registry - an institution that is responsible for the registrations and sets the preconditions that each specific TLD may involve, like the duration of the registration term or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the corporations that actually offer the domain name to clients and handle all domain resource records.
Gain Profit From Reselling Domains
Multiple Registrars have reseller programs that permit individuals to earn profit from selling domain names to end users. If you subscribe to such a program, you can launch your very own web business. As a rule, a domain name will be more inexpensive if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end client. The explanation is that resellers can reach more people in local districts or states where the Registrar may not be famous at all. 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 client pays and the one that the Registrar levies for the domain registration.
Resell TLDs Under Your Personal Brand Name
When you sign up for a domain reseller program, you will have a web site hosting CP where you can choose the prices for the specific Top-Level Domains that the Registrar offers. Most companies also offer invoice transaction software and skins for your online store, and the automation of the entire process combined with the immense demand for domains make the domain reseller business so alluring. You will either have a pre-developed web site and utilize 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 web site and form for placing orders. Normally, you have the option to choose between the 2 possibilities, so it all depends on how trained you are in these things. As a domain name reseller, you will operate under your own personal trademark name and not under the Registrar's brand.
Gain Revenue From Reselling Web Site Hosting Packages As Well
A proper supplement to your domain name reseller business would be to sell web hosting accounts as well. Thus, you can offer a package deal to customers who wish to run their website and demand both a domain and a web site hosting account. Given corporations offer such options. With 'ResellersPanel', for example, you can manage a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and free-of-cost invoicing software to bill your customers. You can then offer Top-Level Domains and shared website hosting accounts to customers, and since they offer plenty of different domain extensions, you will be able to offer domain name and hosting services to clients from all over the globe.