Domain name reseller
The Internet is an ever-developing community that provides new options to gain cash on the Web. One of these options is to become a domain name reseller and sell domains to end customers, generating revenue from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered each day, and there are millions of presently active domain names, so this is a flowering trading niche that you can become a part of.
Top-Level and Second-Level Domains
A domain name consists of two parts - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The gTLDs include the best known domain extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs are made of two-character abbreviations that symbolize each country. Instances of country-code Top-Level Domains 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, has a Registry - an institution that deals with the registrations and sets the prerequisites that each particular TLD may contain, like the duration of the registration period or the citizenship of the registrant. Certain Registrar companies operate under the Registry. These are the companies that actually sell the domain name to customers and administer all domain name resource records.
Make Profit From Selling Domain Names
Multiple Registrars have reseller programs that enable individuals to earn revenue from selling domains to end clients. If you sign up for such a program, you can kickstart your very own personal Internet business. Generally, a domain name will be more inexpensive if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end client. The explanation is that resellers can contact more people in areas or states where the Registrar may not be famous at all. This means more sales for the Registrar, so both parties will make a profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain registration.
Resell Domains On Behalf Of Your Personal Brand Name
When you subscribe to a domain reseller program, you will have a web site hosting Control Panel where you can set the prices for the various Top-Level Domains that the Registrar offers. Most firms also provide invoice transaction software and web design layouts for your web store, and the automation of the entire process together with the large demand for domain names render the domain name reseller industry so attractive. You will either have a ready-made site and make use of the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your own personal web page and form for placing orders. Usually, you have the option to decide between the two options, so it all revolves around how proficient you are in these issues. As a domain name reseller, you will sell under your very own personal brand and not under the Registrar's brand.
Make Profit From Reselling Site Hosting Plans As Well
A perfect addition to your domain name reseller business would be to sell web hosting plans too. In this way, you can offer a package deal to people who wish to set up their web page and require both a domain name and a web space hosting package. Some companies have such options. With 'ResellersPanel', for instance, you can order a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and free billing transaction software to bill your customers. You can then sell domains and shared website hosting packages to clients, and since they offer plenty of diverse domain name extensions, you will be able to offer domain name and hosting services to users from all around the globe.