Domain name reseller
The Internet is an ever-increasing system that delivers new options to gain money on the Internet. One of these ways is to become a domain reseller and sell domains to end customers, gaining profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered each and every day, and there are millions of currently active domains, so this is a blossoming trading niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain comprises two entities - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
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, whereas the country-code Top-Level Domains are composed of two-character abbreviations that correspond to each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a country-code TLD, has a Registry - an organization that handles the registrations and determines the preconditions that each concrete Top-Level Domain may include, like the length of the registration term or the residency of the registrant. A number of Registrar companies operate under the Registry. These are the firms that actually sell the domain name to customers and administer all domain resource records.
Make Money From Trading Domain Names
Multiple Registrars have reseller programs that permit people to gain money from selling domain names to end clients. If you sign up for such a program, you can establish your own Internet business. As a rule, 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 reason is that resellers can contact more people in local communities or states where the Registrar may not be popular at all. This means more sales for the Registrar, so both sides will earn a profit from 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.
Resell Domain Names On Behalf Of Your Own Trademark Name
When you subscribe to a domain reseller program, you will get a hosting CP where you can select the prices for the separate Top-Level Domains that the Registrar provides. Most firms also offer invoice transaction software and web page templates for your web shop, and the automation of the entire procedure combined with the flourishing demand for domains render the domain reseller market niche so desirable. You will either have a pre-built website and make use of the Registrar system to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can create your very own personal web portal and form for placing orders. Generally, you have the option to select between the 2 options, so it all revolves around how expert you are in these things. As a domain reseller, you will sell under your personal trademark name and not under the Registrar's brand.
Make Profit From Providing Web Site Hosting Accounts Too
A good addition to your domain name reseller business would be to sell web hosting accounts too. In this way, you can offer a package deal to clients who want to develop their website and demand both a domain and a web page hosting plan. Certain firms have such options. With 'ResellersPanel', for example, you can run a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge invoice software to charge your clients. You can then sell domain names and shared web hosting packages to customers, and since they provide many diverse domain name extensions, you will be able to provide domain name and hosting services to customers from all around the world.