Domain name reseller
The World Wide Web is an ever-enlarging platform that generates new opportunities to gain money on the Internet. One of them is to be a domain reseller and sell domain names to end clients, earning 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 1 000 000's of currently functioning domain names, so this is a flowering trading niche that you can become a part of.
Top-Level and Second-Level Domains
A domain comprises 2 parts - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the SLD.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic TLDs include the most widespread domain extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains are composed of 2-letter abbreviations that symbolize each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic Top-Level Domain or a ccTLD, has a Registry - an institution that administers the registrations and sets the preconditions that each particular Top-Level Domain may involve, including the length of the registration period or the citizenship of the registrant. A number of Registrar corporations work under the Registry. These are the firms that in fact offer the domain name to customers and administer all DNS resource records.
Gain Profit From Offering Domain Names
Multiple Registrars have reseller programs that permit people to make revenue from selling domains to end customers. If you sign up for such a program, you can establish your own e-business. Typically, a domain name will be cheaper if it is registered via a reseller rather than if it is bought directly from the Registrar by an end customer. The reason is that resellers can reach more clients in regions or states where the Registrar may not be known at all. This implies more sales for the Registrar, so both sides will take advantage of that. Your profit will be the difference between the price that the client pays and the one that the Registrar levies for the domain name registration.
Resell Top-Level Domain Names On Behalf Of Your Very Own Brand Name
When you subscribe to a domain name reseller program, you will get a site hosting Control Panel where you can settle the prices for the various top-level domain names that the Registrar provides. Most corporations also provide invoice software and site templates for your web shop, and the automation of the whole process together with the immense demand for domains render the domain reseller industry so attractive. You will either have a ready-for-use website and make use of the Registrar platform to resell domains, or they will give you access to their API (Application Programming Interface) so that you can create your own personal portal and form for placing orders. Generally, you have the option to decide between the 2 alternatives, so it all depends on how experienced you are in these issues. As a domain reseller, you will operate on behalf of your own brand and not under the Registrar's.
Make Money From Supplying Hosting Services As Well
A good supplement to your domain reseller business would be to sell web hosting solutions as well. In this way, you can offer a package deal to users who would like to set up their site and demand both a domain name and a hosting account. Given corporations provide such options. With 'ResellersPanel', for instance, you can buy a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and charge-free invoicing transaction software to charge your clients. You can then sell Top-Level Domains and shared website hosting packages to clients, and since they offer many diverse domain extensions, you will be able to provide domain and hosting services to individuals from all around the globe.