Domain name reseller
The Internet is an ever-expanding community that offers new ways to gain money on the Internet. One of these opportunities is to be a domain reseller and sell domain names to end customers, gaining revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered each and every day, and there are millions of currently functioning domains, so this is a blooming trading niche that you can be a part of.
TLDs and SLDs
A domain is composed of two entities - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic top-level domain names comprise the most widely used domain extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs are composed of 2-letter abbreviations that represent each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a country-code top-level domain name, has a Registry - an organization that manages the registrations and determines the requirements that each concrete top-level domain name may contain, such as the length of the registration term or the citizenship of the registrant. Certain Registrar corporations operate under the Registry. These are the corporations that actually sell the domain name to customers and administer all domain resource records.
Gain Profit From Selling Domains
Plenty of Registrars have reseller programs that permit individuals to make money from selling domain names to end clients. If you subscribe to such a program, you can set up your very own personal web business. As a rule, 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 client. The cause is that resellers can reach more people in areas or states where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both sides will earn a profit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar requires for the domain name registration.
Sell Top-Level Domain Names Under Your Very Own Brand Name
When you register with a domain name reseller program, you will have a webspace hosting CP where you can choose the prices for the various Top-Level Domains that the Registrar offers. Most companies also provide invoice software and website templates for your web shop, and the automation of the entire process coupled with the flourishing demand for domains make the domain name reseller business so desirable. You will either have a pre-developed site and avail of the Registrar platform to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your own personal site and form for placing orders. Usually, you have the opportunity to decide between the two possibilities, so it all revolves around how accomplished you are in these issues. As a domain reseller, you will work under your very own brand and not under the Registrar's brand.
Gain Revenue From Promoting Hosting Packages As Well
An excellent addition to your domain name reseller business would be to sell web hosting plans as well. Thereby, you can give a package deal to customers who desire to establish their online portal and need both a domain and a website hosting plan. Particular companies furnish such options. With 'ResellersPanel', for example, you can have a VPS or a dedicated server, and they will also offer you a domain reseller account and charge-free invoice software to bill your clients. You can then sell domains and shared web hosting plans to customers, and since they offer lots of diverse domain extensions, you will be able to offer domain name and hosting services to people from all over the world.