Domain name reseller
The World Wide Web is an ever-developing community that supplies new ways to make money on the Internet. One of these possibilities 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 1 000 000's of currently functioning domain names, so this is a thriving trading niche that you can be involved in.
Top-Level and Second-Level Domains
A domain is made of two entities - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".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 generic TLDs comprise the most widespread domain name extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains contain 2-letter 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 Top-Level Domain, has a Registry - an institution that manages the registrations and determines the requirements that each concrete top-level domain name may contain, including the length of the registration period or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the firms that in fact sell the domain name to clients and administer all DNS resource records.
Earn Cash From Trading Domains
A lot of Registrars have reseller programs that allow people to earn money from selling domain names to end clients. If you sign up for such a program, you can establish your own electronic business. Regularly, a domain name will be cheaper if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end user. The explanation is that resellers can reach more users in provinces or countries where the Registrar may not be popular at all. This implies more sales for the Registrar, so both parties will benefit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar levies for the domain name registration.
Trade Top-Level Domain Names Under Your Very Own Personal Trademark Name
When you register with a domain reseller program, you will get a web site hosting Control Panel where you can set the prices for the different top-level domain names that the Registrar offers. Most corporations also provide invoice transaction software and design themes for your online store, and the automation of the entire procedure combined with the enlarging demand for domains render the domain name reseller industry so tempting. You will either have a pre-made site and utilize the Registrar platform to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your own online portal and order form. Usually, you have the opportunity to pick between the two alternatives, so it all revolves around how practiced you are in these matters. As a domain reseller, you will do business on behalf of your own personal brand name and not under the Registrar's.
Make Revenue From Providing Website Hosting Solutions Too
An excellent addition to your domain reseller business would be to sell web hosting accounts too. In this way, you can offer a package deal to individuals who desire to develop their web site and need both a domain name and a webspace hosting plan. Particular firms furnish such options. With 'ResellersPanel', for instance, you can have a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost billing transaction software to bill your customers. You can then offer Top-Level Domains and shared website hosting accounts to customers, and since they provide lots of diverse domain name extensions, you will be able to provide domain name and hosting services to people from all around the globe.