Domain name reseller
The World Wide Web is an ever-enlarging system that generates new possibilities to make money on the Internet. One of these options is to be a domain name reseller and offer domains to end customers, earning profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered every day, and there are 1 000 000's of currently active domain names, so this is an expanding trading niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain name includes two parts - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic top-level domain names include the best known domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names are made of 2-letter abbreviations that symbolize each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a country-code one, has a Registry - an institution that tackles the registrations and sets the requirements that each concrete TLD may impose, such as the duration of the registration period or the citizenship of the registrant. Certain Registrar firms work under the Registry. These are the companies that in fact sell the domain name to clients and administer all domain name resource records.
Gain Cash From Selling Domains
Plenty of Registrars have reseller programs that permit individuals to gain profit from offering domains to end customers. If you subscribe to such a program, you can launch your own personal electronic business. Usually, a domain name will be cheaper if it is registered via a reseller rather than if it is bought directly from the Registrar by an end user. The cause is that resellers can contact more clients in regions or states where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides will cash in on that. Your profit will be the difference between the price that the user pays and the one that the Registrar charges for the domain name registration.
Resell Top-Level Domain Names On Behalf Of Your Personal Brand
When you subscribe to a domain reseller program, you will obtain a site hosting CP where you can settle the prices for the specific TLDs that the Registrar provides. Most firms also offer invoice software and templates for your online storefront, and the automation of the entire process combined with the towering demand for domain names render the domain name reseller market so tempting. You will either acquire a ready-made web site and use the Registrar platform to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can set up your very own web portal and order form. Generally, you have the option to decide between the 2 possibilities, so it all depends on how accomplished you are in these matters. As a domain reseller, you will work under your personal trademark name and not on behalf of the Registrar's.
Make Profit From Selling Web Site Hosting Plans Too
A logical addition to your domain name reseller business would be to sell web hosting solutions too. In this way, you can give a package deal to individuals who would like to establish their website and require both a domain and a web site hosting package. A number of companies have such options. With 'ResellersPanel', for instance, you can order a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and charge-free invoice software to bill your customers. You can then offer Top-Level Domains and shared hosting packages to clients, and since they provide plenty of different domain extensions, you will be able to offer domain name and hosting services to persons from all over the world.