Domain name reseller
The Internet is an ever-increasing network that offers new opportunities to gain cash on the Internet. One of these opportunities is to become a domain name reseller and offer domains to end users, earning profit from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered each day, and there are millions of presently functioning domains, so this is a blooming trading niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain is made of 2 components - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic Top-Level Domains include the most widely used domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names are composed of two-letter abbreviations that signify each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic Top-Level Domain or a country-code top-level domain name, has a Registry - an institution that deals with the registrations and sets the prerequisites that each concrete top-level domain name may have, including the duration of the registration period or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the companies that in fact offer the domain name to clients and manage all domain name resource records.
Gain Profit From Offering Domains
Lots of Registrars have reseller programs that enable people to make profit from offering domains to end users. If you sign up for such a program, you can build your very own e-business. Generally, a domain will be cheaper if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end user. The explanation is that resellers can contact more users in areas or states where the Registrar may not be known at all. This implies more sales for the Registrar, so both parties will make a profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar requires for the domain registration.
Resell Top-Level Domain Names On Behalf Of Your Personal Brand Name
When you sign up for a domain name reseller program, you will receive a hosting CP where you can choose the prices for the different Top-Level Domains that the Registrar provides. Most companies also provide invoice software and web design layouts for your virtual store, and the automation of the entire procedure coupled with the enlarging demand for domain names make the domain name reseller business so seductive. You will either have a ready-for-use website and utilize the Registrar system to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can set up your very own online portal and order form. Traditionally, you have the option to select between the 2 possibilities, so it all revolves around how skilled you are in these things. As a domain reseller, you will work on behalf of your very own brand name and not on behalf of the Registrar's brand.
Earn Money From Offering Web Hosting Packages Too
A good addition to your domain name reseller business would be to sell web hosting plans as well. Thereby, you can offer a package deal to individuals who want to launch their web page and demand both a domain name and a web hosting plan. Given companies have such options. With 'ResellersPanel', for instance, you can have a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and free-of-charge invoice transaction software to charge your customers. You can then sell Top-Level Domains and shared hosting packages to clients, and since they provide lots of different domain name extensions, you will be able to provide domain and hosting services to customers from all around the world.