Domain name reseller
The World Wide Web is an ever-developing community that delivers new ways to earn cash on the Internet. One of them is to be a domain name reseller and offer domains to end customers, making profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered each and every day, and there are 1 000 000's of presently active domain names, so this is a blooming trading niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain is composed of 2 entities - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic top-level domain names comprise the most popular domain extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains include two-character abbreviations that symbolize 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 or a country-code top-level domain name, has a Registry - an institution that deals with the registrations and sets the preconditions that each particular top-level domain name may have, like the length of the registration period or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the corporations that actually offer the domain name to clients and administer all domain name resource records.
Gain Profit From Trading Domains
Multiple Registrars have reseller programs that enable individuals to make money from selling domains to end customers. If you register with such a program, you can set up your very own personal online business. Typically, a domain name will be more inexpensive if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end client. The reason is that resellers can contact more individuals in areas or countries where the Registrar may not be famous at all. This means more sales for the Registrar, so both sides will capitalize on that. Your profit will be the difference between the price that the client pays and the one that the Registrar levies for the domain name registration.
Resell Top-Level Domain Names Under Your Very Own Personal Brand
When you register with a domain reseller program, you will have a site hosting Control Panel where you can fix the prices for the individual Top-Level Domains that the Registrar offers. Most corporations also provide billing software and website templates for your online store, and the automation of the whole process coupled with the growing demand for domains render the domain name reseller industry so alluring. You will either get a ready-for-use website and use the Registrar platform to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can build your own personal online portal and form for placing orders. Generally, you have the option to choose between the two alternatives, so it all revolves around how proficient you are in these things. As a domain name reseller, you will work under your own brand and not on behalf of the Registrar's brand.
Make Revenue From Trading Hosting Services As Well
An adequate supplement to your domain name reseller business would be to sell web hosting accounts as well. Thus, you can give a package deal to users who would like to develop their website and need both a domain name and a web space hosting package. Some corporations supply such options. With 'ResellersPanel', for instance, you can have a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and free-of-cost invoice management software to bill your customers. You can then offer domains and shared website hosting plans to clients, and since they offer a lot of diverse domain name extensions, you will be able to offer domain name and hosting services to users from all over the globe.