Domain name reseller
The Internet is an ever-expanding network that delivers new opportunities to earn money on the Web. One of these possibilities is to become a domain name reseller and sell domains to end clients, earning revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered each and every day, and there are 1 000 000's of presently functioning domain names, so this is an expanding marketing niche that you can be a part of.
Top-Level and Second-Level Domains
A domain includes 2 parts - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take 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 gTLDs comprise the most widely used domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs involve 2-letter abbreviations that correspond to each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code Top-Level Domain, has a Registry - an institution that deals with the registrations and determines the prerequisites that each specific TLD may include, among them the length of the registration term or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the corporations that actually offer the domain name to customers and manage all domain name records.
Earn Money From Trading Domains
Numerous Registrars have reseller programs that allow individuals to make money from selling domain names to end customers. If you sign up for such a program, you can establish your very own Internet business. Usually, a domain name will be more inexpensive if it is registered through a reseller rather than if it is bought directly from the Registrar by an end user. The explanation is that resellers can contact more persons in local communities or states where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both sides will take advantage of that. Your profit will be the difference between the price that the client pays and the one that the Registrar imposes for the domain registration.
Offer Domains Under Your Very Own Personal Trademark Name
When you subscribe to a domain reseller program, you will obtain a CP where you can choose the prices for the separate top-level domain names that the Registrar provides. Most companies also provide invoicing transaction software and web site templates for your web store, and the automation of the entire procedure coupled with the great demand for domains render the domain reseller business so alluring. You will either obtain a ready-for-use web site and make use of the Registrar system to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can make your own site and form for placing orders. Traditionally, you have the option to decide between the two possibilities, so it all depends on how proficient you are in these things. As a domain name reseller, you will do business on behalf of your own brand name and not on behalf of the Registrar's.
Earn Profit From Selling Website Hosting Solutions Too
An excellent addition to your domain name reseller business would be to sell web hosting plans as well. Thus, you can give a package deal to users who want to build their online portal and demand both a domain and a hosting account. Certain companies furnish such options. With 'ResellersPanel', for instance, you can order a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and cost-free invoicing transaction software to bill your clients. You can then offer TLDs and shared web hosting plans to clients, and since they offer lots of different domain name extensions, you will be able to offer domain name and hosting services to people from all over the world.