Domain name reseller
The Internet is an ever-increasing system that supplies new possibilities to make money on the Internet. One of these possibilities is to become a domain name reseller and offer domains to end clients, gaining profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered every day, and there are millions of currently functioning domains, so this is a flourishing trading niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain name comprises two components - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic Top-Level Domains comprise the most popular domain name extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names comprise two-character abbreviations that represent each country. Instances of country-code Top-Level Domains 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 deals with the registrations and sets the requirements that each concrete Top-Level Domain may involve, including the length of the registration period or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the corporations that actually offer the domain name to clients and administer all domain records.
Make Money From Trading Domains
Numerous Registrars have reseller programs that allow people to earn profit from selling domain names to end clients. If you register with such a program, you can establish your own e-business. Typically, a domain will cost less if it is registered via a reseller rather than if it is bought directly from the Registrar by an end customer. The reason is that resellers can reach more users in regions or countries where the Registrar may not be known at all. This means more sales for the Registrar, so both parties will capitalize on that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar requires for the domain name registration.
Offer TLDs On Behalf Of Your Very Own Brand Name
When you subscribe to a domain reseller program, you will acquire a web site hosting CP where you can select the prices for the individual Top-Level Domains that the Registrar provides. Most companies also provide invoice management software and site themes for your web shop, and the automation of the entire procedure coupled with the expanding demand for domains render the domain reseller market niche so alluring. You will either get a ready-to-use website and utilize the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can create your own web site and form for placing orders. Traditionally, you have the option to pick between the 2 alternatives, so it all revolves around how advanced you are in these affairs. As a domain name reseller, you will do business under your own trademark name and not on behalf of the Registrar's brand.
Make Money From Selling Hosting Solutions As Well
A sensible addition to your domain name reseller business would be to sell web hosting packages as well. Thereby, you can offer a package deal to persons who wish to launch their site and need both a domain name and a webspace hosting package. Some companies have such options. With 'ResellersPanel', for example, you can manage a VPS or a dedicated server, and they will also give you a domain reseller account and charge-free invoice management software to charge your customers. You can then sell domains and shared web hosting plans to clients, and since they offer lots of different domain extensions, you will be able to provide domain name and hosting services to customers from all around the world.