Domain name reseller
The Internet is an ever-increasing network that furnishes new ways to gain money on the Web. One of these ways is to be a domain reseller and offer domains to end customers, making revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered each day, and there are 1 000 000's of presently active domains, so this is a flowering business niche that you can become a part of.
Top-Level and Second-Level Domains
A domain name contains 2 constituents - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic top-level domain names comprise the most common domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs contain two-letter abbreviations that symbolize each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a country-code TLD, has a Registry - an institution that tackles the registrations and sets the requirements that each given TLD may include, among them the length of the registration term or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the corporations that in fact sell the domain name to clients and administer all domain name records.
Gain Profit From Trading Domains
Multiple Registrars have reseller programs that allow people to earn profit from selling domains to end clients. If you subscribe to such a program, you can build your very own personal web business. Typically, a domain name will be more inexpensive if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end client. The explanation is that resellers can reach more customers in local districts or states where the Registrar may not be popular at all. 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 customer pays and the one that the Registrar requires for the domain name registration.
Trade Top-Level Domain Names Under Your Own Trademark Name
When you sign up for a domain name reseller program, you will acquire a CP where you can select the prices for the different Top-Level Domains that the Registrar provides. Most corporations also offer invoicing transaction software and web site layouts for your online storefront, and the automation of the entire procedure together with the big demand for domain names render the domain reseller industry so desirable. You will either obtain a pre-built web site and utilize the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your own portal and form for placing orders. Usually, you have the option to pick between the 2 alternatives, so it all depends on how proficient you are in these things. As a domain reseller, you will sell on behalf of your own brand name and not under the Registrar's brand.
Make Profit From Trading Website Hosting Accounts Too
A suitable addition to your domain name reseller business would be to sell web hosting services too. Thereby, you can give a package deal to individuals who would like to make their web portal and demand both a domain and a website hosting package. Some corporations have such options. With 'ResellersPanel', for example, you can buy a VPS or a dedicated server, and they will also offer you a domain name reseller account and charge-free billing software to charge your clients. You can then sell TLDs and shared web hosting accounts to clients, and since they offer many diverse domain extensions, you will be able to offer domain name and hosting services to people from all around the world.