Domain name reseller
The Internet is an ever-developing system that generates new possibilities to make money on the Web. One of these possibilities is to become a domain name reseller and offer domains to end customers, earning profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered every day, and there are 1 000 000's of currently functioning domain names, so this is a developing trading niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain name contains two entities - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic TLDs comprise the most famous domain name extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs are composed of 2-letter abbreviations that denote each country. Instances 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 name or a country-code TLD, has a Registry - an institution that deals with the registrations and determines the prerequisites that each specific Top-Level Domain may contain, including the duration of the registration period or the citizenship of the registrant. A number of Registrar firms work under the Registry. These are the corporations that actually offer the domain name to clients and handle all domain name records.
Make Money From Reselling Domains
Lots of Registrars have reseller programs that enable people to make revenue from selling domains to end customers. If you sign up for such a program, you can establish your own web business. Normally, a domain name will be more inexpensive if it is registered through a reseller rather than if it is bought directly from the Registrar by an end client. The explanation is that resellers can reach more persons in local districts or states where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides will capitalize on that. Your profit will be the difference between the price that the customer pays and the one that the Registrar charges for the domain registration.
Sell Domain Names On Behalf Of Your Own Brand
When you register with a domain name reseller program, you will acquire a site hosting Control Panel where you can choose the prices for the various TLDs that the Registrar provides. Most firms also offer billing transaction software and themes for your online shop, and the automation of the entire process combined with the high demand for domain names render the domain reseller industry so desirable. You will either have a turn-key site and avail of the Registrar platform to resell domains, or they will give you access to their API (Application Programming Interface) so that you can build your own site and order form. Usually, you have the option to select between the 2 options, so it all depends on how skillful you are in these issues. As a domain reseller, you will operate on behalf of your own personal brand name and not on behalf of the Registrar's.
Gain Cash From Selling Site Hosting Packages As Well
A suitable supplement to your domain reseller business would be to sell web hosting packages as well. Thus, you can give a package deal to clients who would like to develop their web site and require both a domain and a webspace hosting account. Certain firms supply such options. With 'ResellersPanel', for instance, you can order a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and free-of-charge invoicing transaction software to charge your clients. You can then offer top-level domain names and shared web hosting packages to clients, and since they offer many different domain extensions, you will be able to provide domain name and hosting services to customers from all over the globe.