Domain name reseller
The Internet is an ever-increasing community that delivers new opportunities to earn money on the Web. One of these ways is to be a domain reseller and sell domains to end clients, earning profit 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 1 000 000's of currently functioning domain names, so this is a blossoming marketing niche that you can be a part of.
TLDs and SLDs
A domain name comprises two constituents - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The gTLDs include the most widespread domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs involve 2-character abbreviations that signify each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a country-code Top-Level Domain, has a Registry - an institution that deals with the registrations and determines the prerequisites that each specific TLD may impose, like the length of the registration term or the residency of the registrant. A number of Registrar companies operate under the Registry. These are the corporations that in fact offer the domain name to customers and administer all domain name records.
Gain Revenue From Trading Domain Names
Multiple Registrars have reseller programs that enable people to earn profit from selling domains to end users. If you register with such a program, you can kick off your own electronic business. Regularly, a domain name will be cheaper if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end customer. The reason is that resellers can contact more clients in areas or states where the Registrar may not be popular at all. This means more sales for the Registrar, so both parties will profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar requires for the domain registration.
Resell Domains Under Your Very Own Personal Trademark Name
When you sign up for a domain name reseller program, you will get a CP where you can settle the prices for the various Top-Level Domains that the Registrar provides. Most corporations also provide billing software and web layouts for your virtual storefront, and the automation of the entire process combined with the large demand for domains make the domain name reseller industry so alluring. You will either get a turn-key website and avail of the Registrar platform to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can build your own web portal and form for placing orders. Traditionally, you have the option to pick between the two alternatives, so it all revolves around how skillful you are in these matters. As a domain name reseller, you will do business under your very own personal brand name and not on behalf of the Registrar's.
Make Revenue From Supplying Site Hosting Accounts As Well
A relevant addition to your domain name reseller business would be to sell web hosting services too. Thereby, you can give a package deal to users who want to set up their web site and require both a domain name and a web space hosting account. Particular companies have such options. With 'ResellersPanel', for example, you can manage a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and free-of-cost invoice management software to bill your clients. You can then offer domain names and shared hosting accounts to clients, and since they offer lots of different domain extensions, you will be able to provide domain and hosting services to persons from all over the globe.