Domain name reseller
The Internet is an ever-developing system that delivers new opportunities to gain money on the Internet. One of these opportunities is to become a domain reseller and sell domain names to end users, generating revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered every day, and there are 1 000 000's of presently functioning domain names, so this is a flourishing trading niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain name contains two components - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic top-level domain names include the best known domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs are composed of 2-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 TLD or a ccTLD, has a Registry - an institution that handles the registrations and determines the preconditions that each given TLD may impose, among them the duration of the registration period or the residency of the registrant. A number of Registrar companies work under the Registry. These are the firms that actually sell the domain name to customers and administer all domain records.
Gain Profit From Reselling Domains
Numerous Registrars have reseller programs that allow individuals to gain profit from selling domains to end customers. If you register with such a program, you can commence your very own personal electronic business. Commonly, a domain name will be cheaper if it is registered through a reseller rather than if it is bought straight from the Registrar by an end customer. The explanation is that resellers can contact more persons in local districts or countries where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both parties 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 requires for the domain name registration.
Sell Domains Under Your Personal Brand Name
When you sign up for a domain name reseller program, you will receive a website hosting CP where you can determine the prices for the various top-level domain names that the Registrar offers. Most corporations also offer billing management software and web page themes for your web storefront, and the automation of the whole process combined with the rising demand for domain names render the domain reseller business niche so alluring. You will either acquire a ready-for-use website and make use of the Registrar platform to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can build your very own personal website and order form. Traditionally, you have the option to select between the two options, so it all depends on how advanced you are in these things. As a domain reseller, you will do business under your personal brand name and not under the Registrar's brand.
Make Revenue From Trading Hosting Plans As Well
An appropriate supplement to your domain reseller business would be to sell web hosting packages too. Thus, you can give a package deal to individuals who want to establish their site and need both a domain name and a web site hosting plan. Particular corporations provide such options. With 'ResellersPanel', for instance, you can manage a VPS or a dedicated server, and they will also offer you a domain reseller account and free-of-cost invoice software to charge your customers. You can then sell TLDs and shared hosting packages to customers, and since they provide many different domain extensions, you will be able to provide domain name and hosting services to persons from all around the globe.