Domain reseller
The Internet is an ever-increasing platform that delivers new opportunities to make money on the Web. One of these ways is to be a domain name reseller and offer domains to end users, generating profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered each and every day, and there are millions of presently active domain names, so this is a growing trading niche that you can be involved in.
Top-Level and Second-Level Domains
A domain contains two pieces - 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 TLDs can be generic or country code. The gTLDs comprise the most widely used domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs involve 2-letter abbreviations that denote each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic Top-Level Domain or a country-code one, has a Registry - an institution that deals with the registrations and sets the requirements that each given Top-Level Domain may involve, among them the length of the registration period or the residency of the registrant. Certain Registrar companies operate under the Registry. These are the firms that in fact offer the domain name to clients and manage all domain resource records.
Make Profit From Trading Domains
Lots of Registrars have reseller programs that enable individuals to make profit from offering domain names to end clients. If you register with such a program, you can kick off your own personal e-business. Usually, a domain will be cheaper if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end client. The explanation is that resellers can reach more customers in regional communities or states where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both sides will capitalize on that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar charges for the domain registration.
Sell Top-Level Domain Names On Behalf Of Your Own Personal Trademark Name
When you sign up for a domain name reseller program, you will obtain a website hosting CP where you can settle the prices for the different Top-Level Domains that the Registrar offers. Most corporations also offer billing transaction software and web design templates for your virtual store, and the automation of the whole procedure together with the enormous demand for domain names make the domain name reseller industry so attractive. You will either get a pre-made web site and use the Registrar platform to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can build your own personal web site and form for placing orders. Normally, you have the opportunity to pick between the two options, so it all revolves around how practiced you are in these affairs. As a domain name reseller, you will sell under your own trademark name and not on behalf of the Registrar's.
Gain Money From Supplying Web Site Hosting Services As Well
A proper addition to your domain name reseller business would be to sell web hosting plans as well. In this way, you can give a package deal to people who would like to create their online portal and require both a domain name and a hosting plan. Certain firms have such options. With 'ResellersPanel', for instance, you can order a Virtual Server or a dedicated server, and they will also give you a domain reseller account and free-of-charge billing software to charge your customers. You can then sell top-level domain names and shared website hosting plans to clients, and since they provide lots of different domain extensions, you will be able to provide domain and hosting services to customers from all over the world.