Domain name reseller
The Internet is an ever-flourishing network that delivers new ways to gain money on the Internet. One of these options is to become a domain name reseller and offer domains to end customers, generating profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domains are registered each and every day, and there are millions of presently functioning domain names, so this is a thriving marketing niche that you can be involved in.
TLDs and SLDs
A domain is composed of 2 pieces - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic TLDs comprise the most famous domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names involve two-character abbreviations that symbolize 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 TLD or a country-code top-level domain name, has a Registry - an institution that tackles the registrations and sets the requirements that each concrete Top-Level Domain may have, among them the length of the registration period or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the corporations that in fact offer the domain name to customers and administer all DNS resource records.
Make Profit From Reselling Domains
A lot of Registrars have reseller programs that allow people to make cash from offering domains to end customers. If you subscribe to such a program, you can set up your own electronic business. As a rule, a domain name will cost less if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end client. The reason is that resellers can contact more clients in regions or countries where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both parties will capitalize on that. Your profit will be the difference between the price that the client pays and the one that the Registrar charges for the domain registration.
Trade Domains Under Your Personal Brand Name
When you sign up for a domain name reseller program, you will obtain a web space hosting CP where you can determine the prices for the different Top-Level Domains that the Registrar provides. Most companies also offer invoicing software and design themes for your web storefront, and the automation of the whole process combined with the great demand for domain names make the domain reseller business so alluring. You will either obtain a pre-made web site and utilize the Registrar system to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can build your own online portal and order form. Usually, you have the opportunity to pick between the 2 alternatives, so it all depends on how expert you are in these affairs. As a domain name reseller, you will do business on behalf of your own personal brand and not under the Registrar's.
Earn Money From Supplying Web Page Hosting Plans As Well
A nice addition to your domain name reseller business would be to sell web hosting packages as well. In this way, you can give a package deal to individuals who want to have their web page and demand both a domain name and a web hosting account. A few corporations provide such options. With 'ResellersPanel', for example, you can order a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and free-of-cost invoicing transaction software to bill your customers. You can then sell TLDs and shared website hosting plans to customers, and since they offer lots of diverse domain extensions, you will be able to offer domain and hosting services to people from all around the globe.