Domain name reseller
The World Wide Web is an ever-increasing platform that provides new ways to make cash on the Web. One of these possibilities is to become a domain reseller and offer domains to end clients, earning profit from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered every day, and there are millions of currently functioning domain names, so this is a developing trading niche that you can become engaged in.
TLDs and SLDs
A domain name consists of two constituents - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the second-level domain name.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic Top-Level Domains comprise the best known domain extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs include two-character abbreviations that signify 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 gTLD or a ccTLD, has a Registry - an organization that deals with the registrations and determines the preconditions that each given top-level domain name may impose, such as the length of the registration period or the citizenship of the registrant. A number of Registrar firms work under the Registry. These are the companies that in fact sell the domain name to customers and manage all domain resource records.
Gain Money From Reselling Domain Names
Lots of Registrars have reseller programs that enable individuals to make profit from selling domains to end customers. If you sign up for such a program, you can commence your very own personal electronic business. Normally, a domain will be cheaper if it is registered via a reseller rather than if it is bought straight from the Registrar by an end user. The reason is that resellers can reach more people in regional communities or countries where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both sides will take advantage of that. Your revenue will be the difference between the price that the user pays and the one that the Registrar requires for the domain name registration.
Trade Top-Level Domains Under Your Personal Trademark Name
When you subscribe to a domain reseller program, you will obtain a hosting CP where you can settle the prices for the specific top-level domain names that the Registrar offers. Most companies also offer invoicing transaction software and web page skins for your online storefront, and the automation of the entire procedure coupled with the swelling demand for domain names render the domain name reseller industry so seductive. You will either acquire a pre-made web site and utilize the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can make your very own online portal and form for placing orders. Traditionally, you have the option to decide between the two possibilities, so it all depends on how skilled you are in these issues. As a domain name reseller, you will operate under your personal brand and not on behalf of the Registrar's brand.
Gain Cash From Selling Website Hosting Services Too
An excellent supplement to your domain reseller business would be to sell web hosting packages as well. Thus, you can offer a package deal to persons who desire to create their website and need both a domain and a web hosting package. Some corporations supply such options. With 'ResellersPanel', for instance, you can run a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and free invoice management software to charge your clients. You can then sell top-level domain names and shared web hosting plans to customers, and since they provide a lot of different domain extensions, you will be able to provide domain name and hosting services to customers from all around the globe.