Domain name reseller
The World Wide Web is an ever-flourishing platform that furnishes new possibilities to make cash on the Internet. One of them is to become a domain reseller and sell domain names to end customers, making profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered each and every day, and there are millions of currently active domains, so this is a thriving trading niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain name comprises 2 parts - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic Top-Level Domains include the most widespread domain name extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains consist of 2-character abbreviations that symbolize each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a country-code top-level domain name, has a Registry - an organization that is responsible for the registrations and determines the requirements that each given TLD may include, such as the duration of the registration period or the residency of the registrant. A number of Registrar firms work under the Registry. These are the corporations that actually sell the domain name to clients and manage all domain resource records.
Gain Revenue From Trading Domain Names
Numerous Registrars have reseller programs that permit individuals to make revenue from offering domain names to end customers. If you subscribe to such a program, you can build your own Internet business. Commonly, a domain name will cost less if it is registered through a reseller rather than if it is bought directly from the Registrar by an end customer. The reason is that resellers can reach more people in areas or countries where the Registrar may not be known at all. This implies 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.
Sell TLDs Under Your Very Own Personal Brand
When you register with a domain name reseller program, you will acquire a hosting CP where you can choose the prices for the specific top-level domain names that the Registrar provides. Most firms also offer invoice transaction software and website layouts for your online storefront, and the automation of the entire process combined with the expanding demand for domain names make the domain name reseller business niche so tempting. You will either obtain a ready-to-use website and make use of the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can make your own personal portal and form for placing orders. Typically, you have the option to pick between the two alternatives, so it all depends on how expert you are in these affairs. As a domain reseller, you will do business on behalf of your very own personal brand name and not on behalf of the Registrar's.
Gain Profit From Promoting Web Site Hosting Plans As Well
A sensible supplement to your domain name reseller business would be to sell web hosting accounts too. In this way, you can offer a package deal to users who desire to develop their web site and require both a domain name and a web hosting package. A number of companies furnish such options. With 'ResellersPanel', for example, you can manage a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and free-of-cost invoice transaction software to charge your clients. You can then offer domain names and shared hosting plans to customers, and since they offer lots of diverse domain name extensions, you will be able to offer domain name and hosting services to people from all over the world.