Domain name reseller
The Internet is an ever-expanding platform that generates new possibilities to make money online. One of these possibilities is to be a domain name reseller and offer domain names to end customers, gaining profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered every day, and there are 1 000 000's of currently active domain names, so this is a growing trading niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain involves two entities - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The gTLDs comprise the most popular domain name extensions like .com, .net, .org, .mobi, .info, while the ccTLDs involve 2-character abbreviations that represent each country. Examples 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 name or a country-code TLD, has a Registry - an organization that is responsible for the registrations and determines the requirements that each given TLD may impose, including the length of the registration term or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the companies that actually sell the domain name to customers and administer all DNS resource records.
Gain Profit From Reselling Domains
A lot of Registrars have reseller programs that enable people to make revenue from offering domains to end users. If you subscribe to such a program, you can set up your own personal electronic business. Generally, a domain will be cheaper if it is registered through a reseller rather than if it is bought directly from the Registrar by an end user. The explanation is that resellers can contact more individuals in regional communities or countries where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both parties will benefit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar requires for the domain registration.
Offer Top-Level Domain Names On Behalf Of Your Very Own Personal Trademark Name
When you register with a domain name reseller program, you will have a web space hosting Control Panel where you can settle the prices for the different top-level domain names that the Registrar provides. Most corporations also provide invoicing software and web site layouts for your online storefront, and the automation of the whole process coupled with the high demand for domain names make the domain name reseller market niche so attractive. You will either get a ready-to-use web site and utilize the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can set up your own online portal and form for placing orders. Traditionally, you have the opportunity to pick between the 2 alternatives, so it all revolves around how skillful you are in these issues. As a domain reseller, you will operate on behalf of your personal trademark name and not under the Registrar's brand.
Gain Revenue From Reselling Web Space Hosting Packages Too
A perfect supplement to your domain name reseller business would be to sell web hosting services as well. Thereby, you can offer a package deal to customers who wish to have their web site and require both a domain and a web hosting package. Some corporations have such options. With 'ResellersPanel', for instance, you can buy a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost invoice software to charge your customers. You can then sell domains and shared hosting packages to clients, and since they provide lots of different domain name extensions, you will be able to offer domain name and hosting services to individuals from all around the world.