Domain name reseller
The World Wide Web is an ever-enlarging system that delivers new ways to earn money on the Internet. One of these ways is to be a domain name reseller and offer domain names to end customers, earning revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered each and every day, and there are 1 000 000's of currently active domain names, so this is a blooming business niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain comprises two entities - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic TLDs include the most widespread domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains consist of two-letter abbreviations that denote each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a ccTLD, has a Registry - an organization that deals with the registrations and determines the requirements that each specific TLD may have, like the length of the registration term or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the companies that actually sell the domain name to customers and manage all domain records.
Earn Revenue From Trading Domain Names
Lots of Registrars have reseller programs that enable individuals to gain revenue from selling domains to end clients. If you subscribe to such a program, you can commence your very own online business. As a rule, 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 customer. The explanation is that resellers can contact more persons in regions or states where the Registrar may not be known at all. 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 user pays and the one that the Registrar charges for the domain registration.
Offer Top-Level Domain Names On Behalf Of Your Own Personal Trademark Name
When you register with a domain reseller program, you will acquire a web hosting CP where you can fix the prices for the specific TLDs that the Registrar offers. Most companies also provide invoicing software and website skins for your online shop, and the automation of the whole process together with the significant demand for domain names render the domain name reseller industry so alluring. You will either acquire a pre-built website and make use of the Registrar system to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can create your own web portal and order form. Normally, you have the opportunity to select between the 2 possibilities, so it all revolves around how experienced you are in these things. As a domain name reseller, you will operate on behalf of your personal trademark name and not under the Registrar's.
Gain Profit From Selling Web Space Hosting Solutions Too
An adequate addition to your domain reseller business would be to sell web hosting packages as well. In this way, you can give a package deal to customers who wish to build their website and need both a domain name and a web space hosting plan. Particular companies offer such options. With 'ResellersPanel', for instance, you can run a VPS or a dedicated server, and they will also give you a domain reseller account and free invoicing transaction software to bill your clients. You can then sell domains and shared web hosting accounts to customers, and since they provide lots of different domain extensions, you will be able to offer domain name and hosting services to persons from all around the globe.