Domain name reseller
The Internet is an ever-enlarging system that delivers new possibilities to earn money on the Internet. One of these possibilities is to become a domain name reseller and sell domains to end customers, making profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered every day, and there are 1 000 000's of presently active domain names, so this is a flourishing trading niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain name consists of 2 constituents - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code TLDs
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, whereas the country-code top-level domain names involve 2-letter abbreviations that stand for each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic Top-Level Domain or a country-code Top-Level Domain, has a Registry - an institution that manages the registrations and determines the requirements that each given top-level domain name may involve, like the length of the registration period or the citizenship of the registrant. Certain Registrar firms operate under the Registry. These are the firms that actually sell the domain name to customers and manage all DNS resource records.
Gain Revenue From Selling Domain Names
Many Registrars have reseller programs that permit people to make money from selling domain names to end customers. If you register with such a program, you can begin your own personal electronic business. Normally, a domain will be cheaper if it is registered via a reseller rather than if it is bought directly from the Registrar by an end customer. The cause is that resellers can contact more individuals in local regions or states where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both parties will take advantage of that. Your profit will be the difference between the price that the user pays and the one that the Registrar requires for the domain name registration.
Sell Top-Level Domain Names Under Your Personal Brand Name
When you register with a domain name reseller program, you will receive a website hosting Control Panel where you can set the prices for the individual TLDs that the Registrar provides. Most corporations also provide invoice management software and themes for your virtual store, and the automation of the entire procedure coupled with the high demand for domains make the domain name reseller business niche so tempting. You will either have a turn-key site and avail of the Registrar system to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can set up your own online portal and form for placing orders. Normally, you have the opportunity to select between the 2 alternatives, so it all revolves around how expert you are in these affairs. As a domain reseller, you will sell under your very own brand and not under the Registrar's.
Make Money From Promoting Site Hosting Packages As Well
A logical supplement to your domain reseller business would be to sell web hosting packages too. Thereby, you can offer a package deal to users who would like to establish their online portal and need both a domain name and a web page hosting plan. Given companies supply such options. With 'ResellersPanel', for example, you can buy a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and free invoice software to charge your customers. You can then sell top-level domain names and shared web hosting packages to clients, and since they provide plenty of diverse domain name extensions, you will be able to provide domain and hosting services to users from all around the world.