Domain name reseller
The World Wide Web is an ever-expanding platform that generates new options to make money on the Internet. One of these options is to be a domain reseller and offer domains to end clients, making profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered each and every day, and there are 1 000 000's of presently functioning domain names, so this is a flourishing trading niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain name involves 2 components - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic TLDs include the most conventional domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs are composed of two-character abbreviations that denote each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code top-level domain name, has a Registry - an organization that deals with the registrations and sets the requirements that each particular Top-Level Domain may involve, including the duration of the registration term or the residency of the registrant. Certain Registrar companies work under the Registry. These are the companies that in fact sell the domain name to clients and manage all domain name records.
Make Profit From Offering Domains
A lot of Registrars have reseller programs that allow individuals to earn profit from selling domain names to end customers. If you sign up for such a program, you can begin your very own online business. As a rule, a domain will cost less if it is registered via a reseller rather than if it is bought straight from the Registrar by an end client. The cause is that resellers can contact more persons in regions or states where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both sides will benefit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar imposes for the domain name registration.
Resell Top-Level Domains On Behalf Of Your Own Personal Brand
When you register with a domain name reseller program, you will have a site hosting Control Panel where you can settle the prices for the various TLDs that the Registrar provides. Most companies also offer invoice management software and web site themes for your online store, and the automation of the entire procedure together with the proliferating demand for domain names render the domain name reseller business so alluring. You will either obtain a pre-made site and utilize 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 very own site and order form. Usually, you have the opportunity to decide between the 2 alternatives, so it all depends on how practiced you are in these things. As a domain name reseller, you will do business on behalf of your personal brand and not on behalf of the Registrar's brand.
Make Money From Trading Web Hosting Packages Too
A sensible addition to your domain reseller business would be to sell web hosting services too. Thereby, you can give a package deal to users who want to have their web site and need both a domain and a site hosting plan. Particular firms supply such options. With 'ResellersPanel', for instance, you can manage a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and charge-free invoice software to charge your customers. You can then sell top-level domain names and shared website hosting packages to clients, and since they provide many different domain extensions, you will be able to provide domain and hosting services to persons from all over the world.