Domain name reseller
The World Wide Web is an ever-growing system that delivers new possibilities to gain cash on the Internet. One of these opportunities is to be a domain name reseller and offer domain names to end customers, generating revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered each day, and there are millions of currently active domain names, so this is a flowering trading niche that you can be a part of.
Top-Level and Second-Level Domains
A domain name comprises 2 constituents - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic TLDs comprise the most popular domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs consist of two-letter abbreviations that stand for each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic Top-Level Domain or a country-code Top-Level Domain, has a Registry - an organization that is responsible for the registrations and determines the prerequisites that each particular TLD may include, like the length of the registration term or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the corporations that in fact sell the domain name to clients and administer all domain resource records.
Earn Money From Offering Domain Names
Multiple Registrars have reseller programs that allow people to earn money from offering domains to end customers. If you register with such a program, you can start your own personal online business. Commonly, a domain will cost less if it is registered via a reseller rather than if it is bought directly from the Registrar by an end user. The explanation is that resellers can reach more persons in areas or countries where the Registrar may not be popular 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 client pays and the one that the Registrar requires for the domain registration.
Trade Top-Level Domains Under Your Own Personal Trademark Name
When you subscribe to a domain reseller program, you will have a web hosting Control Panel where you can set the prices for the individual TLDs that the Registrar offers. Most firms also provide billing software and design layouts for your online shop, and the automation of the entire procedure combined with the rising demand for domains render the domain name reseller business so seductive. You will either acquire a pre-built website and make use of the Registrar system to resell domains, or they will give you access to their API (Application Programming Interface) so that you can set up your own website and order form. Traditionally, you have the opportunity to decide between the 2 alternatives, so it all depends on how trained you are in these affairs. As a domain name reseller, you will sell under your own personal trademark name and not under the Registrar's.
Earn Cash From Providing Web Space Hosting Plans Too
A good supplement to your domain name reseller business would be to sell web hosting services as well. Thereby, you can give a package deal to clients who wish to manage their web portal and demand both a domain name and a website hosting package. Given corporations have such options. With 'ResellersPanel', for instance, you can have a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and cost-free invoice transaction software to bill your customers. You can then offer domain names and shared web hosting packages to customers, and since they provide a lot of different domain name extensions, you will be able to provide domain name and hosting services to users from all around the globe.