Domain name reseller
The Internet is an ever-increasing system that delivers new possibilities to earn money on the Internet. One of them is to become a domain reseller and sell domains to end users, gaining revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered each day, and there are 1 000 000's of presently functioning domain names, so this is a blooming business niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain name contains 2 entities - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic top-level domain names comprise the most famous domain extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names are composed of 2-character abbreviations that stand for each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic Top-Level Domain or a country-code Top-Level Domain, has a Registry - an institution that manages the registrations and determines the requirements that each given TLD may entail, including the length of the registration period or the citizenship of the registrant. A number of Registrar corporations work under the Registry. These are the corporations that actually sell the domain name to customers and manage all domain records.
Gain Profit From Selling Domains
Lots of Registrars have reseller programs that enable people to earn cash from offering domains to end clients. If you sign up for such a program, you can commence your very own e-business. Commonly, a domain name will be cheaper if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end customer. The explanation is that resellers can reach more persons in areas or countries where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both parties will capitalize on that. Your profit will be the difference between the price that the client pays and the one that the Registrar requires for the domain registration.
Trade Top-Level Domain Names Under Your Personal Trademark Name
When you subscribe to a domain reseller program, you will have a webspace hosting CP where you can determine the prices for the various TLDs that the Registrar provides. Most companies also offer invoice software and web page skins for your online store, and the automation of the entire procedure combined with the large demand for domains render the domain reseller business niche so seductive. You will either get a ready-to-use web site and utilize the Registrar platform to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can make your very own personal online portal and form for placing orders. Typically, you have the opportunity to select between the two options, so it all depends on how skillful you are in these affairs. As a domain name reseller, you will do business under your very own personal brand and not under the Registrar's.
Gain Revenue From Providing Hosting Plans Too
A reasonable addition to your domain name reseller business would be to sell web hosting plans as well. Thereby, you can give a package deal to people who would like to run their online portal and demand both a domain and a website hosting package. A few corporations supply such options. With 'ResellersPanel', for example, you can purchase a VPS or a dedicated server, and they will also give you a domain reseller account and cost-free billing transaction software to charge your customers. You can then offer domains and shared web hosting plans to clients, and since they provide many different domain name extensions, you will be able to offer domain name and hosting services to users from all around the world.