Domain name reseller
The Internet is an ever-growing community that offers new ways to make money online. One of these ways is to become a domain reseller and offer domain names to end users, gaining profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered every day, and there are 1 000 000's of presently active domain names, so this is an enlarging trading niche that you can be involved in.
TLDs and SLDs
A domain contains 2 components - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic TLDs comprise the most popular domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names consist of two-letter abbreviations that signify each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a ccTLD, has a Registry - an institution that tackles the registrations and determines the preconditions that each specific top-level domain name may contain, such as the duration of the registration period or the citizenship of the registrant. Certain Registrar corporations operate under the Registry. These are the firms that actually offer the domain name to customers and handle all domain resource records.
Gain Cash From Offering Domain Names
Lots of Registrars have reseller programs that allow individuals to gain money from selling domains to end users. If you register with such a program, you can begin your very own e-business. As a rule, a domain name will be cheaper if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end user. The reason is that resellers can contact more customers in local regions or states where the Registrar may not be known at all. This means more sales for the Registrar, so both parties will cash in on that. Your profit will be the difference between the price that the client pays and the one that the Registrar charges for the domain registration.
Trade Domains Under Your Very Own Brand
When you subscribe to a domain reseller program, you will obtain a CP where you can choose the prices for the specific top-level domain names that the Registrar offers. Most companies also offer billing software and web site templates for your virtual shop, and the automation of the whole process combined with the increasing demand for domain names render the domain name reseller market niche so desirable. You will either acquire a pre-made website and avail of the Registrar system to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can set up your own personal portal and order form. Usually, you have the option to select between the 2 alternatives, so it all revolves around how skillful you are in these things. As a domain name reseller, you will sell on behalf of your very own personal brand and not under the Registrar's brand.
Gain Cash From Selling Web Site Hosting Services As Well
A perfect supplement to your domain name reseller business would be to sell web hosting solutions as well. Thus, you can offer a package deal to persons who want to build their web portal and require both a domain and a hosting package. Certain firms offer such options. With 'ResellersPanel', for example, you can order a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and free-of-charge billing software to charge your clients. You can then offer TLDs and shared website hosting plans to clients, and since they offer a lot of different domain extensions, you will be able to offer domain and hosting services to persons from all over the globe.