Domain name reseller
The World Wide Web is an ever-enlarging platform that furnishes new possibilities to earn money online. One of these opportunities is to become a domain name reseller and offer domains to end clients, earning profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered each and every day, and there are millions of presently active domains, so this is a flowering trading niche that you can be a part of.
Top-Level and Second-Level Domains
A domain name includes two constituents - a top-level domain name (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 TLDs
The Top-Level Domains can be generic or country code. The gTLDs include the most popular domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains contain 2-character abbreviations that represent each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a ccTLD, has a Registry - an institution that tackles the registrations and sets the requirements that each concrete Top-Level Domain may involve, among them the length of the registration term or the citizenship of the registrant. A number of Registrar corporations operate under the Registry. These are the companies that actually sell the domain name to clients and administer all DNS records.
Gain Revenue From Selling Domains
A lot of Registrars have reseller programs that enable people to gain revenue from selling domains to end customers. If you sign up for such a program, you can commence your own personal online business. Typically, a domain name will be cheaper if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end client. The cause is that resellers can reach more users in local communities or countries where the Registrar may not be known at all. This means more sales for the Registrar, so both sides will capitalize on that. Your profit will be the difference between the price that the customer pays and the one that the Registrar requires for the domain registration.
Sell Domains On Behalf Of Your Very Own Personal Brand Name
When you register with a domain reseller program, you will obtain a Control Panel where you can choose the prices for the different top-level domain names that the Registrar offers. Most companies also provide invoice transaction software and web site layouts for your virtual store, and the automation of the whole procedure together with the vast demand for domains render the domain name reseller market so desirable. You will either receive a ready-made website and use the Registrar platform to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your own personal portal and order form. Traditionally, you have the option to choose between the 2 alternatives, so it all revolves around how advanced you are in these issues. As a domain name reseller, you will work on behalf of your own personal brand name and not on behalf of the Registrar's brand.
Earn Profit From Promoting Hosting Plans Too
A perfect addition to your domain reseller business would be to sell web hosting services as well. Thereby, you can offer a package deal to users who would like to set up their web page and need both a domain and a hosting account. A number of companies offer such options. With 'ResellersPanel', for instance, you can run a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and free billing software to charge your customers. You can then offer TLDs and shared website hosting accounts to clients, and since they provide many different domain name extensions, you will be able to offer domain name and hosting services to customers from all over the globe.