Domain name reseller
The World Wide Web is an ever-developing network that generates new options to make money on the Web. One of these ways is to be a domain reseller and offer domains to end clients, making revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered each and every day, and there are millions of presently functioning domain names, so this is an enlarging trading niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain name consists of 2 pieces - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic Top-Level Domains include the most popular domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs are composed of two-letter abbreviations that denote each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code TLD, has a Registry - an institution that administers the registrations and determines the requirements that each particular top-level domain name may include, such as the duration of the registration period or the citizenship of the registrant. A number of Registrar firms operate under the Registry. These are the corporations that actually offer the domain name to customers and manage all domain name records.
Gain Profit From Reselling Domains
Plenty of Registrars have reseller programs that enable individuals to gain profit from selling domain names to end clients. If you sign up for such a program, you can kickstart your own e-business. Normally, a domain will be cheaper if it is registered via a reseller rather than if it is bought straight from the Registrar by an end user. The explanation is that resellers can contact more customers in regional districts or states where the Registrar may not be famous at all. This means more sales for the Registrar, so both parties will earn a profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar levies for the domain name registration.
Sell Top-Level Domains Under Your Personal Brand Name
When you subscribe to a domain name reseller program, you will obtain a website hosting Control Panel where you can set the prices for the individual Top-Level Domains that the Registrar provides. Most corporations also offer invoice transaction software and layouts for your web storefront, and the automation of the entire process together with the large demand for domains render the domain reseller industry so tempting. You will either acquire a ready-made web site and use the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your own website and form for placing orders. Traditionally, you have the option to choose between the two alternatives, so it all revolves around how advanced you are in these issues. As a domain reseller, you will work under your very own personal trademark name and not on behalf of the Registrar's.
Earn Profit From Promoting Hosting Accounts Too
An excellent supplement to your domain name reseller business would be to sell web hosting accounts as well. In this way, you can give a package deal to persons who would like to establish their online portal and need both a domain name and a web space hosting plan. Particular firms offer such options. With 'ResellersPanel', for example, you can manage a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and free-of-cost invoice management software to bill your clients. You can then sell top-level domain names and shared website hosting packages to customers, and since they offer plenty of diverse domain name extensions, you will be able to offer domain and hosting services to clients from all over the globe.