Domain name reseller
The Internet is an ever-increasing community that furnishes new opportunities to gain cash on the Internet. One of these options is to be a domain name reseller and sell domains to end customers, gaining revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered each day, and there are millions of presently active domains, so this is a thriving trading niche that you can become engaged in.
TLDs and SLDs
A domain is made of 2 entities - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".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 generic TLDs include the most conventional domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names consist of 2-letter abbreviations that correspond to each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a ccTLD, has a Registry - an institution that administers the registrations and sets the requirements that each given top-level domain name may have, such as the length of the registration term or the residency of the registrant. Certain Registrar companies operate under the Registry. These are the corporations that in fact offer the domain name to customers and administer all domain name records.
Earn Revenue From Reselling Domains
Many Registrars have reseller programs that enable people to make profit from selling domain names to end users. If you subscribe to such a program, you can establish your very own personal electronic business. Commonly, a domain will be cheaper if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end customer. The reason is that resellers can reach more persons in provinces or countries where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides will benefit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar charges for the domain registration.
Resell Domains On Behalf Of Your Personal Brand Name
When you subscribe to a domain reseller program, you will receive a website hosting CP where you can set the prices for the different Top-Level Domains that the Registrar offers. Most corporations also provide billing management software and web design templates for your online shop, and the automation of the whole procedure combined with the significant demand for domain names render the domain reseller business so attractive. You will either receive a turn-key site and make use of the Registrar system to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your very own web page and order form. Commonly, you have the opportunity to select between the two alternatives, so it all depends on how advanced you are in these issues. As a domain reseller, you will operate on behalf of your very own personal brand and not on behalf of the Registrar's.
Make Money From Providing Website Hosting Packages As Well
An appropriate supplement to your domain reseller business would be to sell web hosting services too. In this way, you can give a package deal to customers who would like to manage their website and demand both a domain name and a hosting plan. A few corporations supply such options. With 'ResellersPanel', for example, you can manage a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and free-of-cost invoicing software to charge your clients. You can then sell Top-Level Domains and shared hosting packages to clients, and since they provide plenty of different domain name extensions, you will be able to provide domain and hosting services to persons from all over the globe.