Domain name reseller
The Internet is an ever-enlarging network that supplies new possibilities to gain money on the Internet. One of them is to be a domain reseller and sell domains to end customers, generating profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered each and every day, and there are millions of presently functioning domains, so this is an increasing trading niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain contains 2 components - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the second-level domain name.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic top-level domain names comprise the best known domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names contain two-character abbreviations that represent each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code one, has a Registry - an organization that deals with the registrations and sets the prerequisites that each specific TLD may contain, including the length of the registration period or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the firms that actually sell the domain name to clients and administer all DNS records.
Gain Profit From Trading Domain Names
Plenty of Registrars have reseller programs that enable individuals to earn money from selling domains to end clients. If you subscribe to such a program, you can set up your very own personal online business. As a rule, a domain will be cheaper if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end user. The explanation is that resellers can reach more users in local communities or countries where the Registrar may not be known at all. This means more sales for the Registrar, so both sides will benefit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar levies for the domain registration.
Trade Domain Names Under Your Very Own Trademark Name
When you sign up for a domain name reseller program, you will have a web hosting CP where you can settle the prices for the specific top-level domain names that the Registrar provides. Most firms also provide invoice transaction software and site layouts for your virtual shop, and the automation of the whole procedure combined with the great demand for domains make the domain name reseller business so seductive. You will either acquire a turn-key website and make use of the Registrar system to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can build your own web page and order form. Typically, you have the option to choose between the two alternatives, so it all depends on how practiced you are in these affairs. As a domain name reseller, you will sell on behalf of your own brand name and not on behalf of the Registrar's.
Earn Revenue From Promoting Web Space Hosting Services As Well
A suitable supplement to your domain name reseller business would be to sell web hosting services as well. In this way, you can offer a package deal to people who wish to set up their web page and demand both a domain and a site hosting plan. A number of corporations offer such options. With 'ResellersPanel', for instance, you can purchase a VPS or a dedicated server, and they will also offer you a domain name reseller account and free invoicing software to charge your clients. You can then sell TLDs and shared hosting packages to clients, and since they offer many different domain extensions, you will be able to provide domain name and hosting services to users from all over the globe.