Domain name reseller
The World Wide Web is an ever-developing community that offers new options to gain money on the Internet. One of these possibilities is to be a domain reseller and sell domains to end clients, earning revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered each and every day, and there are millions of presently functioning domain names, so this is a flourishing trading niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain name includes 2 pieces - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the second-level domain name.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic top-level domain names include the most widely used domain extensions like .com, .net, .org, .mobi, .info, while the ccTLDs consist of two-character abbreviations that symbolize each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a country-code top-level domain name, has a Registry - an institution that tackles the registrations and sets the prerequisites that each particular Top-Level Domain may include, among them the duration of the registration period or the residency of the registrant. Certain Registrar corporations work under the Registry. These are the firms that actually offer the domain name to customers and handle all domain records.
Gain Revenue From Trading Domains
Plenty of Registrars have reseller programs that permit people to gain profit from selling domain names to end clients. If you subscribe to such a program, you can kick off your own personal electronic business. Usually, a domain name will be cheaper if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end client. The reason is that resellers can contact more people in local communities or countries where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both parties will benefit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar requires for the domain name registration.
Offer TLDs Under Your Own Brand Name
When you register with a domain name reseller program, you will get a web site hosting CP where you can settle the prices for the individual Top-Level Domains that the Registrar offers. Most companies also provide billing management software and website layouts for your virtual shop, and the automation of the whole process coupled with the huge demand for domain names render the domain reseller market so desirable. You will either have a pre-developed website and utilize the Registrar system to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can create your own site and form for placing orders. Typically, you have the opportunity to select between the 2 alternatives, so it all depends on how proficient you are in these things. As a domain name reseller, you will work under your personal trademark name and not under the Registrar's brand.
Make Cash From Supplying Hosting Packages As Well
A logical supplement to your domain name reseller business would be to sell web hosting plans too. Thereby, you can give a package deal to users who wish to develop their web portal and demand both a domain and a web space hosting account. Given firms supply such options. With 'ResellersPanel', for instance, you can order a VPS or a dedicated server, and they will also give you a domain reseller account and free-of-cost billing software to bill your clients. You can then offer TLDs and shared website hosting plans to clients, and since they provide plenty of diverse domain extensions, you will be able to offer domain name and hosting services to individuals from all around the globe.