Domain name reseller
The Internet is an ever-growing platform that offers new ways to make money on the Web. One of these ways is to be a domain name reseller and offer domains to end clients, earning profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered every day, and there are millions of currently active domain names, so this is a flowering trading niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain involves two constituents - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic top-level domain names include the most conventional domain extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names are composed of two-character abbreviations that represent each country. Instances of ccTLDs 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 Top-Level Domain, has a Registry - an institution that tackles the registrations and sets the prerequisites that each particular Top-Level Domain may impose, such as the duration of the registration term or the residency of the registrant. Certain Registrar firms work under the Registry. These are the firms that in fact offer the domain name to clients and manage all DNS records.
Make Profit From Offering Domain Names
Plenty of Registrars have reseller programs that allow people to earn profit from offering domain names to end customers. If you subscribe to such a program, you can commence your very own personal electronic business. Commonly, a domain will cost less if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end client. The explanation is that resellers can reach more people in areas or states where the Registrar may not be known at all. This means more sales for the Registrar, so both sides will profit from 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 Own Personal Trademark Name
When you register with a domain name reseller program, you will have a Control Panel where you can fix the prices for the individual TLDs that the Registrar offers. Most companies also offer billing management software and site templates for your online storefront, and the automation of the whole process coupled with the vast demand for domain names make the domain reseller business so desirable. You will either have a pre-made website and utilize the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can build your own personal portal and order form. Commonly, you have the option to select between the two alternatives, so it all depends on how proficient you are in these issues. As a domain reseller, you will work under your very own personal trademark name and not under the Registrar's brand.
Gain Money From Selling Webspace Hosting Solutions As Well
An appropriate supplement to your domain name reseller business would be to sell web hosting services too. Thus, you can give a package deal to persons who desire to create their web page and demand both a domain name and a website hosting account. Some firms offer such options. With 'ResellersPanel', for instance, you can run a Virtual Server or a dedicated server, and they will also give you a domain reseller account and cost-free invoice management software to charge your clients. You can then sell domain names and shared website hosting plans to clients, and since they provide lots of diverse domain extensions, you will be able to provide domain name and hosting services to persons from all around the globe.