Domain name reseller
The Internet is an ever-expanding community that furnishes new opportunities to make money on the Web. One of these possibilities is to be a domain reseller and sell domains to end users, making profit from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered every day, and there are millions of currently active domain names, so this is a developing trading niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain consists of 2 entities - a top-level domain name (TLD) and a second-level domain name (SLD). If we take 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 Domains comprise the most common domain name extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs consist of 2-character abbreviations that correspond to each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code top-level domain name, has a Registry - an organization that tackles the registrations and determines the preconditions that each specific top-level domain name may contain, such as the length of the registration period or the residency of the registrant. Certain Registrar firms operate under the Registry. These are the firms that actually sell the domain name to clients and manage all domain name records.
Make Revenue From Selling Domain Names
Many Registrars have reseller programs that enable people to earn revenue from selling domains to end clients. If you subscribe to such a program, you can commence your very own e-business. Generally, a domain will cost less if it is registered through a reseller rather than if it is bought directly from the Registrar by an end client. The reason is that resellers can reach more people in regional communities or states where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both sides will take advantage of that. Your revenue will be the difference between the price that the client pays and the one that the Registrar charges for the domain name registration.
Resell TLDs Under Your Own Trademark Name
When you sign up for a domain reseller program, you will get a webspace hosting Control Panel where you can set the prices for the specific TLDs that the Registrar provides. Most corporations also offer invoicing transaction software and design themes for your web storefront, and the automation of the entire process combined with the considerable demand for domain names render the domain reseller business niche so desirable. You will either acquire a turn-key web site and utilize the Registrar system to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can make your very own web site and form for placing orders. Commonly, you have the opportunity to pick between the 2 alternatives, so it all depends on how proficient you are in these matters. As a domain name reseller, you will work under your own trademark name and not under the Registrar's brand.
Earn Profit From Providing Web Page Hosting Packages Too
A proper addition to your domain name reseller business would be to sell web hosting packages too. Thus, you can offer a package deal to clients who wish to manage their site and need both a domain and a webspace hosting package. Given companies have such options. With 'ResellersPanel', for example, you can purchase a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and free-of-cost invoicing transaction software to bill your customers. You can then offer Top-Level Domains and shared hosting accounts to customers, and since they offer plenty of different domain name extensions, you will be able to provide domain and hosting services to users from all around the world.