Domain name reseller
The World Wide Web is an ever-flourishing platform that furnishes new ways to gain cash online. One of these ways is to be a domain name reseller and offer domain names to end clients, earning profit from the difference between the wholesale and the retail cost of each domain name. 1000's 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 become a part of.
Top-Level and Second-Level Domains
A domain is made of two components - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic top-level domain names include the best known domain name extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs are composed of two-letter abbreviations that represent each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code TLD, has a Registry - an institution that manages the registrations and determines the prerequisites that each particular top-level domain name may have, among them the duration of the registration period or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the companies that in fact sell the domain name to clients and manage all domain name records.
Earn Money From Selling Domain Names
Multiple Registrars have reseller programs that allow individuals to earn money from offering domain names to end clients. If you register with such a program, you can establish your own web business. As a rule, a domain name will be more inexpensive if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end customer. The cause is that resellers can reach more persons in regions or states where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both sides will 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 Domains On Behalf Of Your Own Trademark Name
When you register with a domain reseller program, you will receive a web site hosting Control Panel where you can settle the prices for the various TLDs that the Registrar offers. Most corporations also provide invoice software and web design skins for your web shop, and the automation of the entire process combined with the immense demand for domain names render the domain reseller business niche so desirable. You will either get a turn-key site and utilize the Registrar platform to resell domains, 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 opportunity to decide between the two options, so it all revolves around how skilled you are in these matters. As a domain reseller, you will work on behalf of your very own brand and not on behalf of the Registrar's.
Gain Profit From Selling Web Site Hosting Packages Too
An excellent supplement to your domain name reseller business would be to sell web hosting plans too. Thus, you can offer a package deal to users who want to make their online portal and require both a domain name and a webspace hosting plan. Particular firms offer such options. With 'ResellersPanel', for example, you can buy a VPS or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge billing transaction software to bill your customers. You can then offer TLDs and shared web hosting accounts to customers, and since they offer many different domain name extensions, you will be able to provide domain name and hosting services to people from all over the globe.