Domain name reseller
The Internet is an ever-increasing network that furnishes new options to gain money on the Internet. One of these options is to become a domain reseller and offer domain names to end customers, making revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered each day, and there are millions of presently functioning domain names, so this is an expanding trading niche that you can become involved in.
TLDs and SLDs
A domain is made of two components - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The gTLDs comprise the most widespread domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs contain 2-character abbreviations that symbolize each country. Examples of country-code top-level domain names 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 organization that deals with the registrations and determines the preconditions that each concrete top-level domain name may entail, including the duration of the registration term or the citizenship of the registrant. A number of Registrar corporations operate under the Registry. These are the firms that actually sell the domain name to customers and administer all domain name records.
Earn Revenue From Trading Domain Names
Lots of Registrars have reseller programs that permit individuals to gain profit from selling domain names to end customers. If you subscribe to such a program, you can begin your very own personal web business. Normally, a domain name will be more inexpensive if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end client. The cause is that resellers can contact more clients in areas or states where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both parties will profit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar levies for the domain name registration.
Offer Top-Level Domain Names On Behalf Of Your Own Brand
When you subscribe to a domain reseller program, you will get a hosting CP where you can select the prices for the separate TLDs that the Registrar provides. Most corporations also provide invoice transaction software and web layouts for your web store, and the automation of the whole process together with the great demand for domains make the domain reseller market so seductive. You will either receive a ready-to-use website and make use of the Registrar platform to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can make your own personal website and form for placing orders. Typically, you have the opportunity to decide between the 2 possibilities, so it all depends on how trained you are in these matters. As a domain name reseller, you will do business under your very own brand and not under the Registrar's brand.
Make Profit From Promoting Hosting Plans As Well
A reasonable supplement to your domain reseller business would be to sell web hosting services too. In this way, you can offer a package deal to customers who would like to build their site and require both a domain and a web hosting account. A few firms have such options. With 'ResellersPanel', for example, you can manage a VPS or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge invoicing software to bill your customers. You can then sell domains and shared hosting plans to customers, and since they provide lots of diverse domain extensions, you will be able to offer domain and hosting services to clients from all around the world.