Domain name reseller
The World Wide Web is an ever-growing system that delivers new ways to gain money on the Web. One of these opportunities is to become a domain name reseller and sell domains to end customers, making profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered every day, and there are millions of currently functioning domains, so this is a blooming trading niche that you can be a part of.
TLDs and SLDs
A domain name consists of two constituents - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic Top-Level Domains include the most widespread domain extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs comprise two-letter abbreviations that signify each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code one, has a Registry - an organization that deals with the registrations and sets the prerequisites that each given TLD may include, including the duration of the registration period or the residency of the registrant. A number of Registrar companies operate under the Registry. These are the firms that in fact sell the domain name to clients and administer all domain name resource records.
Gain Cash From Offering Domains
Numerous Registrars have reseller programs that enable people to make revenue from offering domains to end customers. If you register with such a program, you can kick off your own electronic business. Commonly, a domain will be more inexpensive if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end customer. The explanation is that resellers can reach more customers in regional communities or states where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both parties will earn a profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar levies for the domain registration.
Resell TLDs On Behalf Of Your Personal Trademark Name
When you sign up for a domain name reseller program, you will receive a website hosting Control Panel where you can set the prices for the separate TLDs that the Registrar provides. Most companies also provide invoice management software and skins for your virtual storefront, and the automation of the whole procedure together with the big demand for domain names render the domain name reseller business niche so alluring. You will either get a ready-to-use web site and use the Registrar platform to resell domains, or they will give you access to their API (Application Programming Interface) so that you can set up your own personal web portal and form for placing orders. Typically, you have the option to choose between the two alternatives, so it all revolves around how practiced you are in these affairs. As a domain reseller, you will work under your own personal brand and not under the Registrar's.
Earn Profit From Supplying Web Hosting Packages As Well
A perfect supplement to your domain name reseller business would be to sell web hosting solutions too. In this way, you can give a package deal to people who want to launch their web portal and require both a domain name and a site hosting package. A number of corporations supply such options. With 'ResellersPanel', for example, you can manage a VPS or a dedicated server, and they will also give you a domain reseller account and charge-free billing transaction software to charge your customers. You can then offer top-level domain names and shared hosting plans to clients, and since they provide many diverse domain extensions, you will be able to provide domain and hosting services to clients from all over the world.