Domain name reseller
The Internet is an ever-flourishing network that generates new opportunities to earn cash on the Internet. One of these opportunities is to be a domain name reseller and sell domain names to end clients, generating 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 millions of presently active domains, so this is a developing business niche that you can become engaged in.
TLDs and SLDs
A domain name contains two parts - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
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 common domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains consist of 2-character 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 TLD or a ccTLD, has a Registry - an organization that manages the registrations and sets the preconditions that each concrete top-level domain name may include, like the length of the registration term or the residency of the registrant. A number of Registrar corporations work under the Registry. These are the companies that actually offer the domain name to clients and administer all domain name resource records.
Earn Profit From Trading Domains
Many Registrars have reseller programs that permit individuals to gain profit from offering domains to end users. If you register with such a program, you can build your very own personal electronic business. Typically, a domain name will be more inexpensive if it is registered through a reseller rather than if it is bought straight from the Registrar by an end client. The explanation is that resellers can reach more customers in local regions or states where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both sides will profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar charges for the domain registration.
Sell Top-Level Domain Names Under Your Very Own Personal Brand
When you sign up for a domain reseller program, you will receive a web hosting Control Panel where you can settle the prices for the different top-level domain names that the Registrar offers. Most companies also offer invoice management software and web site layouts for your online shop, and the automation of the whole process combined with the vast demand for domain names render the domain reseller industry so tempting. You will either obtain a ready-for-use web site and use 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 personal web portal and order form. Typically, you have the opportunity to choose between the two options, so it all depends on how trained you are in these affairs. As a domain name reseller, you will work on behalf of your own personal trademark name and not under the Registrar's.
Gain Profit From Offering Web Site Hosting Packages Too
A good supplement to your domain reseller business would be to sell web hosting services too. Thus, you can offer a package deal to customers who want to make their web page and need both a domain name and a site hosting package. Certain corporations provide such options. With 'ResellersPanel', for instance, you can order a VPS or a dedicated server, and they will also give you a domain name reseller account and free-of-charge invoicing transaction software to charge your customers. You can then sell top-level domain names and shared website hosting accounts to clients, and since they provide many diverse domain extensions, you will be able to provide domain and hosting services to persons from all around the globe.