Domain name reseller
The Internet is an ever-developing platform that generates new possibilities to make money online. One of these possibilities is to be a domain name reseller and offer domains to end clients, earning profit from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered every day, and there are millions of presently functioning domain names, so this is a growing trading niche that you can be a part of.
Top-Level and Second-Level Domains
A domain contains two constituents - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic TLDs include the most conventional domain name extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs include 2-character abbreviations that denote each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a ccTLD, has a Registry - an institution that administers the registrations and sets the preconditions that each given TLD may include, including the duration of the registration term or the citizenship of the registrant. A number of Registrar corporations work under the Registry. These are the corporations that actually sell the domain name to clients and manage all domain records.
Make Revenue From Offering Domains
Plenty of Registrars have reseller programs that allow individuals to earn cash from selling domains to end users. If you sign up for such a program, you can start your own personal electronic business. As a rule, a domain will be cheaper if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end customer. The explanation is that resellers can reach more clients in areas or states where the Registrar may not be popular at all. This means more sales for the Registrar, so both parties will make a profit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar charges for the domain registration.
Resell Top-Level Domains On Behalf Of Your Personal Trademark Name
When you sign up for a domain name reseller program, you will acquire a Control Panel where you can fix the prices for the individual Top-Level Domains that the Registrar offers. Most firms also provide billing management software and design templates for your web shop, and the automation of the entire process combined with the flourishing demand for domains render the domain reseller market niche so attractive. You will either receive a turn-key website and utilize the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can build your own portal and order form. Normally, you have the option to pick between the two possibilities, so it all depends on how skilled you are in these issues. As a domain reseller, you will operate on behalf of your own personal trademark name and not under the Registrar's brand.
Make Profit From Trading Web Page Hosting Plans Too
A proper addition to your domain reseller business would be to sell web hosting plans as well. Thereby, you can offer a package deal to clients who desire to have their web page and need both a domain name and a webspace hosting account. A few firms have such options. With 'ResellersPanel', for instance, you can purchase a VPS or a dedicated server, and they will also offer you a domain name reseller account and cost-free invoice management software to bill your customers. You can then offer domains and shared hosting plans to clients, and since they offer lots of diverse domain extensions, you will be able to provide domain name and hosting services to clients from all around the globe.