Domain name reseller
The World Wide Web is an ever-flourishing network that delivers new ways to gain money on the Internet. One of these opportunities is to be a domain reseller and sell domain names to end customers, gaining revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered each and every day, and there are millions of currently functioning domains, so this is an increasing trading niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain contains two parts - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic TLDs include the most famous domain extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains are composed of 2-letter abbreviations that represent each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a ccTLD, has a Registry - an organization that tackles the registrations and sets the preconditions that each specific TLD may involve, including the length of the registration period or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the companies that actually offer the domain name to clients and administer all domain records.
Earn Profit From Trading Domains
A lot of Registrars have reseller programs that allow people to gain cash from offering domains to end customers. If you sign up for such a program, you can start your very own e-business. Typically, a domain name will be cheaper if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end user. The cause is that resellers can reach more people in areas or states where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides will capitalize on that. Your profit will be the difference between the price that the client pays and the one that the Registrar imposes for the domain name registration.
Offer Domain Names Under Your Very Own Trademark Name
When you subscribe to a domain reseller program, you will acquire a web space hosting Control Panel where you can settle the prices for the different top-level domain names that the Registrar offers. Most companies also offer invoice software and web page skins for your online store, and the automation of the entire procedure combined with the considerable demand for domain names make the domain name reseller market niche so attractive. You will either receive a ready-made website and make use of the Registrar system to resell domains, or they will give you access to their API (Application Programming Interface) so that you can make your own personal portal and order form. Traditionally, you have the opportunity to choose between the 2 possibilities, so it all revolves around how practiced you are in these affairs. As a domain name reseller, you will work under your own trademark name and not under the Registrar's.
Gain Revenue From Promoting Hosting Solutions Too
A nice addition to your domain reseller business would be to sell web hosting packages as well. Thereby, you can offer a package deal to individuals who want to run their website and demand both a domain name and a web site hosting plan. A number of corporations supply such options. With 'ResellersPanel', for example, you can run a VPS or a dedicated server, and they will also offer you a domain name reseller account and charge-free invoicing transaction software to charge your clients. You can then offer TLDs and shared web hosting packages to customers, and since they offer many different domain name extensions, you will be able to provide domain name and hosting services to clients from all around the world.