Domain name reseller
The Internet is an ever-enlarging system that offers new options to earn money on the Internet. One of these options is to be a domain name reseller and offer domain names to end users, gaining revenue from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered every day, and there are 1 000 000's of currently active domain names, so this is a blooming trading niche that you can be a part of.
TLDs and SLDs
A domain is composed of two parts - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The gTLDs include the most widespread domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains comprise 2-character abbreviations that correspond to each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a country-code top-level domain name, has a Registry - an institution that deals with the registrations and determines the prerequisites that each specific TLD may involve, among them the duration of the registration term or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the companies that in fact sell the domain name to customers and handle all DNS records.
Make Revenue From Reselling Domains
A lot of Registrars have reseller programs that enable people to gain revenue from selling domain names to end clients. If you sign up for such a program, you can build your very own online business. Commonly, a domain will be more inexpensive if it is registered via a reseller rather than if it is bought straight from the Registrar by an end client. The explanation is that resellers can reach more people in local regions or states where the Registrar may not be famous at all. This means more sales for the Registrar, so both parties will profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar charges for the domain registration.
Trade TLDs Under Your Very Own Personal Brand Name
When you sign up for a domain name reseller program, you will acquire a web site hosting CP where you can select the prices for the specific top-level domain names that the Registrar offers. Most companies also offer invoicing transaction software and web site layouts for your online shop, and the automation of the entire procedure together with the growing demand for domains make the domain name reseller business niche so tempting. You will either acquire a ready-for-use web site and utilize the Registrar platform to resell domains, or they will give you access to their API (Application Programming Interface) so that you can make your very own personal web page and order form. Typically, you have the option to select between the two alternatives, so it all depends on how skillful you are in these things. As a domain name reseller, you will do business under your very own brand name and not on behalf of the Registrar's brand.
Gain Money From Selling Web Site Hosting Services Too
A good addition to your domain name reseller business would be to sell web hosting plans too. Thus, you can offer a package deal to people who want to develop their web page and need both a domain name and a hosting package. Given firms offer such options. With 'ResellersPanel', for example, you can purchase a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and free-of-charge billing software to charge your customers. You can then offer top-level domain names and shared web hosting plans to clients, and since they offer lots of different domain extensions, you will be able to provide domain and hosting services to clients from all around the globe.