Domain name reseller
The Internet is an ever-expanding network that generates new options to gain money on the Web. One of these possibilities is to become a domain name reseller and sell domain names to end clients, generating profit from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered every day, and there are 1 000 000's of currently functioning domain names, so this is a blossoming business niche that you can become involved in.
Top-Level and Second-Level Domains
A domain name is composed of two pieces - a top-level domain name (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.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic TLDs include the best known domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names involve 2-letter abbreviations that represent each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic Top-Level Domain or a country-code top-level domain name, has a Registry - an institution that deals with the registrations and sets the requirements that each given Top-Level Domain may entail, like the length of the registration period or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the companies that in fact sell the domain name to customers and manage all domain name records.
Make Revenue From Offering Domains
Plenty of Registrars have reseller programs that allow people to earn profit from selling domain names to end users. If you sign up for such a program, you can kick off your very own Internet business. As a rule, a domain will be cheaper if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end client. The explanation is that resellers can reach more people in regions or countries where the Registrar may not be popular 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 client pays and the one that the Registrar levies for the domain name registration.
Trade Domains Under Your Own Trademark Name
When you sign up for a domain reseller program, you will get a website hosting Control Panel where you can select the prices for the various top-level domain names that the Registrar provides. Most firms also provide invoice management software and web templates for your web storefront, and the automation of the whole process together with the considerable demand for domain names make the domain reseller industry so seductive. You will either have a ready-made web site and make use of the Registrar platform to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can create your very own web page and form for placing orders. Generally, you have the option to choose between the two alternatives, so it all depends on how accomplished you are in these issues. As a domain name reseller, you will sell on behalf of your own brand and not under the Registrar's.
Gain Profit From Promoting Site Hosting Solutions As Well
A reasonable addition to your domain reseller business would be to sell web hosting solutions too. Thus, you can give a package deal to persons who want to launch their web portal and require both a domain and a webspace hosting plan. A number of firms have such options. With 'ResellersPanel', for instance, you can buy a VPS or a dedicated server, and they will also give you a domain reseller account and free invoicing software to bill your customers. You can then offer Top-Level Domains and shared website hosting accounts to customers, and since they offer many diverse domain extensions, you will be able to offer domain name and hosting services to users from all over the world.