Domain name reseller
The World Wide Web is an ever-flourishing community that furnishes new ways to make money on the Web. One of these possibilities is to be a domain name reseller and sell domains to end clients, gaining profit from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered every day, and there are 1 000 000's of currently functioning domains, so this is a blossoming business niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain includes 2 parts - 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.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The gTLDs comprise the most popular domain name extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names are composed 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 gTLD or a country-code TLD, has a Registry - an organization that manages the registrations and determines the preconditions that each given top-level domain name may contain, such as the duration of the registration period or the residency of the registrant. Certain Registrar corporations work under the Registry. These are the corporations that actually offer the domain name to clients and manage all domain resource records.
Gain Profit From Reselling Domains
A lot of Registrars have reseller programs that permit individuals to gain profit from selling domain names to end users. If you subscribe to such a program, you can set up your very own personal Internet business. Typically, a domain will be more inexpensive if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end user. The reason is that resellers can contact more customers in regional communities or countries where the Registrar may not be popular whatsoever. This means 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 user pays and the one that the Registrar requires for the domain name registration.
Offer TLDs On Behalf Of Your Very Own Personal Trademark Name
When you register with a domain reseller program, you will get a website hosting CP where you can settle the prices for the specific TLDs that the Registrar offers. Most corporations also provide invoice transaction software and web design templates for your online shop, and the automation of the entire process coupled with the high demand for domain names make the domain reseller industry so tempting. You will either get a ready-to-use site and avail of the Registrar platform to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can set up your very own website and form for placing orders. Commonly, you have the option to select between the 2 options, so it all depends on how skilled you are in these issues. As a domain name reseller, you will sell on behalf of your own personal brand name and not on behalf of the Registrar's brand.
Earn Profit From Offering Web Page Hosting Plans Too
A suitable supplement to your domain reseller business would be to sell web hosting packages too. Thereby, you can give a package deal to people who want to develop their online portal and need both a domain name and a hosting account. Given companies have such options. With 'ResellersPanel', for example, you can buy a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and cost-free invoice transaction software to bill your clients. You can then offer top-level domain names and shared hosting packages to customers, and since they provide many different domain name extensions, you will be able to provide domain name and hosting services to persons from all over the globe.