Domain name reseller
The Internet is an ever-enlarging network that furnishes new opportunities to gain money online. One of them is to become a domain name reseller and offer domain names to end users, gaining revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered every day, and there are 1 000 000's of currently active domains, so this is a developing trading niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain includes two pieces - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic Top-Level Domains comprise the most widespread domain name extensions like .com, .net, .org, .mobi, .info, while the ccTLDs contain two-letter abbreviations that signify 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 top-level domain name or a ccTLD, has a Registry - an organization that is responsible for the registrations and sets the prerequisites that each particular Top-Level Domain may entail, among them the length of the registration term or the citizenship of the registrant. A number of Registrar firms work under the Registry. These are the firms that actually offer the domain name to customers and handle all DNS resource records.
Gain Profit From Offering Domain Names
Lots of Registrars have reseller programs that allow people to make revenue from offering domains to end clients. If you subscribe to such a program, you can kick off your very own online business. Usually, a domain will be more inexpensive if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end user. The explanation is that resellers can reach more persons in regions or countries where the Registrar may not be popular whatsoever. 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 levies for the domain registration.
Sell Top-Level Domain Names Under Your Very Own Personal Trademark Name
When you sign up for a domain reseller program, you will acquire a Control Panel where you can choose the prices for the separate top-level domain names that the Registrar offers. Most corporations also offer billing transaction software and skins for your virtual storefront, and the automation of the whole process coupled with the swelling demand for domains render the domain reseller industry so tempting. You will either receive a ready-for-use website and utilize 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 website and form for placing orders. Traditionally, you have the option to select between the 2 alternatives, so it all depends on how skilled you are in these things. As a domain reseller, you will work on behalf of your very own personal brand and not on behalf of the Registrar's.
Make Profit From Promoting Hosting Accounts Too
A logical supplement to your domain name reseller business would be to sell web hosting accounts as well. Thereby, you can give a package deal to users who would like to establish their web portal and require both a domain name and a web site hosting account. Particular firms offer such options. With 'ResellersPanel', for instance, you can buy a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge invoice software to bill your clients. You can then sell TLDs and shared web hosting accounts to clients, 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 world.