Domain name reseller
The Internet is an ever-increasing platform that furnishes new opportunities to gain money on the Web. One of these opportunities is to become a domain name reseller and sell domains to end customers, gaining revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered each day, and there are millions of currently functioning domains, so this is a blossoming trading niche that you can be engaged in.
TLDs and SLDs
A domain is composed of 2 pieces - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The gTLDs include the most conventional domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs comprise 2-character abbreviations that represent each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code top-level domain name, has a Registry - an institution that deals with the registrations and sets the prerequisites that each given TLD may contain, such as the length of the registration term or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the corporations that in fact sell the domain name to clients and handle all domain name resource records.
Gain Profit From Reselling Domain Names
Plenty of Registrars have reseller programs that allow people to earn profit from offering domain names to end clients. If you sign up for such a program, you can commence your very own personal electronic business. Usually, a domain name will be cheaper if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end client. The cause is that resellers can reach more customers in areas 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 user pays and the one that the Registrar requires for the domain registration.
Sell Domains On Behalf Of Your Own Personal Brand
When you subscribe to a domain name reseller program, you will have a webspace hosting CP where you can select the prices for the different TLDs that the Registrar provides. Most companies also provide invoice management software and web page layouts for your web shop, and the automation of the entire process coupled with the enlarging demand for domain names render the domain name reseller business niche so attractive. You will either obtain a turn-key website and utilize the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your very own personal site and order form. Normally, you have the opportunity to choose between the 2 possibilities, so it all revolves around how practiced you are in these things. As a domain reseller, you will sell under your own personal brand name and not under the Registrar's brand.
Earn Cash From Supplying Website Hosting Solutions Too
A logical addition to your domain reseller business would be to sell web hosting solutions too. Thus, you can give a package deal to clients who would like to establish their site and demand both a domain and a hosting account. A few companies have such options. With 'ResellersPanel', for example, you can have a Virtual Server or a dedicated server, and they will also give you a domain reseller account and cost-free invoicing transaction software to charge your customers. You can then sell domains and shared web hosting accounts to customers, and since they provide a lot of diverse domain extensions, you will be able to offer domain name and hosting services to customers from all around the globe.