Domain name reseller
The Internet is an ever-developing system that generates new options to make money on the Web. One of them is to become a domain name reseller and offer domain names to end clients, generating revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered every day, and there are 1 000 000's of presently active domains, so this is an increasing trading niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain comprises two entities - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the SLD.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic top-level domain names comprise the most conventional domain extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs include 2-character abbreviations that correspond to each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a ccTLD, has a Registry - an institution that handles the registrations and determines the prerequisites that each given Top-Level Domain may contain, like the duration of the registration term or the citizenship of the registrant. A number of Registrar firms operate under the Registry. These are the firms that in fact offer the domain name to customers and manage all domain name resource records.
Gain Profit From Reselling Domains
Many Registrars have reseller programs that allow individuals to make revenue from selling domains to end users. If you sign up for such a program, you can begin your very own online business. Commonly, a domain will cost less if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end client. The cause is that resellers can reach more clients in local districts or countries where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both parties will cash in on that. Your revenue will be the difference between the price that the client pays and the one that the Registrar imposes for the domain name registration.
Sell TLDs Under Your Own Personal Brand Name
When you sign up for a domain reseller program, you will receive a CP where you can set the prices for the specific top-level domain names that the Registrar provides. Most firms also provide invoicing transaction software and web site templates for your web store, and the automation of the entire procedure combined with the growing demand for domains render the domain name reseller business so attractive. You will either receive a turn-key site and make use of the Registrar system to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can make your very own site and order form. Generally, you have the option to choose between the 2 options, so it all revolves around how experienced you are in these matters. As a domain name reseller, you will sell on behalf of your personal brand name and not under the Registrar's brand.
Gain Money From Trading Site Hosting Plans Too
A suitable addition to your domain reseller business would be to sell web hosting solutions as well. Thus, you can give a package deal to individuals who want to have their web page and need both a domain name and a web hosting package. Particular corporations furnish such options. With 'ResellersPanel', for example, you can order a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and free-of-cost invoice software to bill your clients. You can then sell Top-Level Domains and shared website hosting packages to customers, and since they offer plenty of different domain name extensions, you will be able to offer domain name and hosting services to people from all over the globe.