Domain name reseller
The Internet is an ever-increasing platform that delivers new possibilities to earn money on the Web. One of these opportunities is to be a domain name reseller and sell domains to end clients, generating profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered each day, and there are 1 000 000's of presently active domain names, so this is an increasing trading niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain name is made of 2 parts - 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 SLD.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic TLDs include the most popular domain extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs include two-letter abbreviations that stand for each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a ccTLD, has a Registry - an organization that deals with the registrations and sets the requirements that each specific Top-Level Domain may involve, among them the duration of the registration period or the citizenship of the registrant. A number of Registrar firms operate under the Registry. These are the corporations that actually offer the domain name to customers and administer all DNS records.
Make Profit From Reselling Domain Names
Plenty of Registrars have reseller programs that enable individuals to earn profit from selling domain names to end clients. If you subscribe to such a program, you can start your very own web business. Regularly, a domain will be more inexpensive if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end client. The reason is that resellers can contact more individuals in local districts or countries where the Registrar may not be popular whatsoever. This implies 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 imposes for the domain registration.
Offer Domain Names On Behalf Of Your Own Brand Name
When you register with a domain reseller program, you will acquire a website hosting CP where you can settle the prices for the various top-level domain names that the Registrar offers. Most firms also provide invoice transaction software and website themes for your virtual shop, and the automation of the whole process coupled with the flourishing demand for domains make the domain name reseller industry so tempting. You will either acquire a turn-key web site and use the Registrar platform to sell domains, or they will give you access to their API (Application Programming Interface) so that you can make your own personal site and form for placing orders. Usually, you have the opportunity to select between the two possibilities, so it all depends on how skilled you are in these things. As a domain reseller, you will sell on behalf of your own brand and not under the Registrar's brand.
Gain Revenue From Providing Web Hosting Packages Too
A nice addition to your domain reseller business would be to sell web hosting services too. Thereby, you can offer a package deal to customers who desire to develop their web portal and need both a domain name and a web site hosting account. Particular companies provide such options. With 'ResellersPanel', for example, 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 bill your clients. You can then sell domain names and shared web hosting packages to customers, and since they provide lots of diverse domain name extensions, you will be able to offer domain and hosting services to persons from all over the world.