Domain name reseller
The World Wide Web is an ever-developing community that supplies new possibilities to make money on the Internet. One of these possibilities is to become a domain name reseller and offer domains to end customers, gaining profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered each day, and there are 1 000 000's of currently active domain names, so this is an enlarging trading niche that you can be involved in.
TLDs and SLDs
A domain consists of 2 entities - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic top-level domain names comprise the best known domain name extensions like .com, .net, .org, .mobi, .info, while the ccTLDs comprise 2-letter abbreviations that represent each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code top-level domain name, has a Registry - an organization that is responsible for the registrations and sets the requirements that each given top-level domain name may involve, including the duration of the registration period or the residency of the registrant. A number of Registrar companies operate under the Registry. These are the firms that in fact offer the domain name to clients and manage all domain name resource records.
Gain Profit From Trading Domains
Plenty of Registrars have reseller programs that allow individuals to gain profit from offering domain names to end customers. If you register with such a program, you can initiate your own online business. Typically, a domain name will be cheaper if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end user. The cause is that resellers can contact more people in local regions or states where the Registrar may not be known at all. This means more sales for the Registrar, so both sides will earn a profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar charges for the domain registration.
Offer Top-Level Domains Under Your Own Brand Name
When you register with a domain name reseller program, you will have a web page hosting CP where you can choose the prices for the various top-level domain names that the Registrar provides. Most companies also provide invoicing transaction software and web design themes for your web store, and the automation of the whole procedure coupled with the increasing demand for domain names render the domain name reseller market niche so tempting. You will either obtain a pre-built website and make use of the Registrar platform to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can set up your very own online portal and order form. Generally, you have the option to pick between the two options, so it all revolves around how expert you are in these matters. As a domain reseller, you will sell under your own personal trademark name and not under the Registrar's.
Gain Cash From Supplying Web Page Hosting Accounts As Well
A logical addition to your domain reseller business would be to sell web hosting solutions too. In this way, you can offer a package deal to customers who wish to launch their web portal and require both a domain name and a web page hosting plan. A few companies offer such options. With 'ResellersPanel', for example, you can have a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and free-of-charge invoicing software to charge your customers. You can then sell domains and shared website hosting packages to clients, and since they provide lots of different domain extensions, you will be able to offer domain and hosting services to customers from all over the world.