Domain name reseller
The World Wide Web is an ever-expanding network that provides new possibilities to earn money on the Internet. One of these opportunities is to be a domain name reseller and sell domains to end customers, generating revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered each and every day, and there are millions of currently active domains, so this is a blossoming business niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain contains two constituents - a Top-Level Domain (TLD) and a second-level domain name (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 include the most widely used domain name extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names consist of two-character abbreviations that symbolize each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a ccTLD, has a Registry - an organization that manages the registrations and determines the preconditions that each particular top-level domain name may have, 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 companies that actually sell the domain name to clients and manage all domain name records.
Gain Revenue From Trading Domains
Numerous Registrars have reseller programs that permit individuals to gain revenue from offering domains to end users. If you sign up for such a program, you can kick off your very own electronic business. Regularly, a domain name will cost less if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end customer. The explanation is that resellers can reach more customers in local regions or states where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both sides will make a profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar levies for the domain name registration.
Trade Domain Names Under Your Personal Trademark Name
When you sign up for a domain name reseller program, you will acquire a hosting CP where you can select the prices for the individual TLDs that the Registrar provides. Most corporations also offer invoice management software and themes for your web storefront, and the automation of the entire process together with the expanding demand for domains render the domain name reseller business so alluring. You will either receive a turn-key site and utilize the Registrar system to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can set up your own website and form for placing orders. Usually, you have the opportunity to decide between the two possibilities, so it all revolves around how experienced you are in these things. As a domain name reseller, you will work under your personal brand and not under the Registrar's.
Gain Cash From Selling Web Space Hosting Packages Too
An appropriate addition to your domain reseller business would be to sell web hosting solutions too. Thereby, you can give a package deal to customers who desire to run their web site and require both a domain and a website hosting plan. Particular firms provide such options. With 'ResellersPanel', for example, you can order a VPS or a dedicated server, and they will also give you a domain name reseller account and charge-free invoice management software to charge your customers. You can then offer Top-Level Domains and shared hosting packages to customers, and since they provide lots of diverse domain name extensions, you will be able to provide domain name and hosting services to persons from all around the globe.