Domain name reseller
The Internet is an ever-flourishing network that delivers new possibilities to gain money online. One of these opportunities is to be a domain name reseller and sell domain names to end clients, gaining revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered every day, and there are 1 000 000's of currently functioning domain names, so this is a blooming trading niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain contains 2 components - 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 TLDs
The Top-Level Domains can be generic or country code. The generic Top-Level Domains comprise the most widespread domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs contain two-character abbreviations that signify each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic Top-Level Domain or a ccTLD, has a Registry - an organization that is responsible for the registrations and sets the requirements that each concrete top-level domain name may have, among them the length of the registration period or the citizenship of the registrant. A number of Registrar firms operate under the Registry. These are the companies that in fact offer the domain name to customers and manage all domain records.
Make Profit From Offering Domains
A lot of Registrars have reseller programs that enable people to gain revenue from selling domains to end users. If you subscribe to such a program, you can commence your own electronic business. Commonly, a domain will be more inexpensive if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end client. The explanation is that resellers can contact more individuals in regional communities or countries where the Registrar may not be famous at all. This means more sales for the Registrar, so both sides will profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar charges for the domain registration.
Sell Top-Level Domain Names Under Your Own Personal Brand
When you subscribe to a domain name reseller program, you will get a site hosting Control Panel where you can fix the prices for the individual TLDs that the Registrar provides. Most companies also offer invoice management software and site layouts for your virtual store, and the automation of the whole process together with the significant demand for domain names render the domain reseller industry so seductive. You will either receive a ready-to-use site and make use of the Registrar system to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your very own personal online portal and order form. Generally, you have the option to pick between the two alternatives, so it all revolves around how practiced you are in these issues. As a domain reseller, you will operate under your very own brand and not on behalf of the Registrar's.
Gain Money From Offering Website Hosting Services Too
A logical addition to your domain reseller business would be to sell web hosting accounts too. Thereby, you can offer a package deal to people who would like to create their web site and need both a domain name and a site hosting package. Some corporations supply such options. With 'ResellersPanel', for example, you can run a Virtual Server or a dedicated server, and they will also give you a domain reseller account and charge-free invoicing transaction software to bill your customers. You can then sell top-level domain names and shared website hosting plans to clients, and since they offer lots of different domain name extensions, you will be able to offer domain name and hosting services to persons from all over the globe.