Domain name reseller
The World Wide Web is an ever-expanding community that offers new possibilities to gain cash online. One of these opportunities is to become a domain name reseller and offer domain names to end clients, gaining revenue 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 millions of presently active domains, so this is a blooming trading niche that you can be a part of.
Top-Level and Second-Level Domains
A domain name comprises two components - a Top-Level Domain (TLD) and a second-level domain name (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 Domains can be generic or country code. The generic TLDs comprise the best known domain extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names contain 2-character abbreviations that signify each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code top-level domain name, has a Registry - an institution that manages the registrations and sets the requirements that each given TLD may include, such as the length of the registration period or the citizenship of the registrant. A number of Registrar corporations work under the Registry. These are the companies that actually sell the domain name to customers and manage all domain name records.
Gain Profit From Selling Domain Names
Multiple Registrars have reseller programs that allow people to gain revenue from offering domains to end users. If you register with such a program, you can start your own web business. Usually, a domain will cost less if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end client. The reason is that resellers can reach more clients in regions or states where the Registrar may not be known at all. This means more sales for the Registrar, so both parties will make a profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar imposes for the domain name registration.
Sell Top-Level Domains Under Your Very Own Personal Trademark Name
When you subscribe to a domain reseller program, you will obtain a web hosting Control Panel where you can choose the prices for the separate top-level domain names that the Registrar provides. Most corporations also offer billing software and design themes for your virtual store, and the automation of the whole process combined with the increasing demand for domain names make the domain reseller market so seductive. You will either receive a ready-made website and make use of the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can build your very own website and order form. Typically, you have the option to choose between the two alternatives, so it all revolves around how skillful you are in these issues. As a domain reseller, you will sell on behalf of your personal brand name and not under the Registrar's.
Earn Cash From Providing Webspace Hosting Plans As Well
A proper supplement to your domain name reseller business would be to sell web hosting solutions as well. Thus, you can give a package deal to people who wish to run their website and require both a domain name and a web hosting account. Some corporations furnish such options. With 'ResellersPanel', for example, you can run a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and free-of-cost invoice management software to charge your customers. You can then offer top-level domain names and shared hosting packages to customers, and since they provide a lot of different domain extensions, you will be able to provide domain and hosting services to users from all around the globe.