Domain name reseller
The Internet is an ever-developing system that supplies new ways to gain money on the Web. One of these ways is to be a domain reseller and offer domain names to end customers, generating profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered every day, and there are millions of presently functioning domains, so this is a developing marketing niche that you can become a part of.
TLDs and SLDs
A domain consists of two entities - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The gTLDs include the most widely used domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names contain two-letter abbreviations that denote each country. Examples 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 country-code Top-Level Domain, has a Registry - an institution that is responsible for the registrations and determines the requirements that each concrete top-level domain name may have, like the length of the registration period or the residency of the registrant. Certain Registrar companies work under the Registry. These are the corporations that actually offer the domain name to customers and administer all domain records.
Make Cash From Offering Domains
Many Registrars have reseller programs that permit individuals to gain profit from offering domain names to end clients. If you register with such a program, you can build your own personal electronic business. Normally, a domain will cost less if it is registered via a reseller rather than if it is bought straight from the Registrar by an end customer. The explanation is that resellers can reach more users in local communities or countries where the Registrar may not be famous 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 client pays and the one that the Registrar imposes for the domain registration.
Trade Top-Level Domain Names Under Your Very Own Personal Trademark Name
When you sign up for a domain reseller program, you will have a webspace hosting CP where you can set the prices for the different top-level domain names that the Registrar provides. Most companies also provide invoice software and templates for your web storefront, and the automation of the entire process coupled with the significant demand for domain names render the domain reseller business so tempting. You will either receive a pre-built web site and avail of the Registrar system to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can make your own site and order form. Traditionally, you have the option to choose between the two alternatives, so it all revolves around how skillful you are in these issues. As a domain name reseller, you will operate on behalf of your very own personal trademark name and not under the Registrar's.
Make Profit From Trading Web Page Hosting Accounts As Well
A sensible addition to your domain name reseller business would be to sell web hosting packages too. Thus, you can give a package deal to people who wish to establish their online portal and need both a domain name and a site hosting account. Some corporations offer such options. With 'ResellersPanel', for instance, you can have a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and free-of-charge billing transaction software to charge your customers. You can then offer Top-Level Domains and shared web hosting packages to customers, and since they provide a lot of different domain extensions, you will be able to provide domain and hosting services to persons from all around the globe.