Domain name reseller
The Internet is an ever-developing community that generates new opportunities to gain cash on the Web. One of these options is to be a domain reseller and offer domain names to end users, gaining revenue from the difference between the wholesale and the retail price of each and every domain name. 1000's of domains are registered each and every day, and there are 1 000 000's of presently active domains, so this is an increasing trading niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain comprises 2 parts - 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 TLDs
The TLDs can be generic or country code. The generic Top-Level Domains comprise the most conventional domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs are made of 2-letter abbreviations that symbolize each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a ccTLD, has a Registry - an institution that manages the registrations and sets the requirements that each concrete top-level domain name may impose, such as the duration of the registration period or the citizenship of the registrant. Certain Registrar firms work under the Registry. These are the firms that in fact sell the domain name to clients and administer all domain name records.
Gain Profit From Selling Domain Names
Lots of Registrars have reseller programs that permit people to earn revenue from offering domain names to end users. If you register with such a program, you can start your own electronic business. Commonly, a domain will cost less if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end user. The cause is that resellers can contact more individuals in provinces or countries where the Registrar may not be known at all. This implies more sales for the Registrar, so both sides will capitalize on that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain registration.
Resell Top-Level Domain Names Under Your Very Own Personal Trademark Name
When you subscribe to a domain name reseller program, you will obtain a web site hosting Control Panel where you can settle the prices for the various top-level domain names that the Registrar provides. Most companies also provide invoice software and themes for your online store, and the automation of the entire process coupled with the enormous demand for domains make the domain name reseller industry so attractive. You will either have a ready-made web site and make use of the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can make your very own personal website and form for placing orders. Commonly, you have the option to choose between the 2 options, so it all revolves around how advanced you are in these matters. As a domain name reseller, you will operate under your own personal brand and not on behalf of the Registrar's.
Gain Revenue From Promoting Site Hosting Plans Too
An adequate addition to your domain reseller business would be to sell web hosting packages too. Thereby, you can give a package deal to people who wish to manage their web portal and demand both a domain and a hosting account. Certain firms supply such options. With 'ResellersPanel', for instance, you can run a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and free-of-cost invoice management software to bill your customers. You can then sell Top-Level Domains and shared web hosting packages to clients, and since they offer many different domain extensions, you will be able to provide domain and hosting services to people from all around the world.