Domain name reseller
The World Wide Web is an ever-developing community that provides new options to gain cash on the Internet. One of these options is to become a domain name reseller and sell domain names to end users, gaining revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered every day, and there are millions of currently active domain names, so this is a flourishing trading niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain consists of 2 constituents - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".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 gTLDs comprise the most widespread domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains contain two-letter abbreviations that signify each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a ccTLD, has a Registry - an organization that handles the registrations and sets the prerequisites that each particular top-level domain name may impose, including the duration of the registration period or the citizenship of the registrant. Certain Registrar companies operate under the Registry. These are the firms that actually sell the domain name to clients and manage all DNS resource records.
Make Profit From Trading Domain Names
Lots of Registrars have reseller programs that allow individuals to make revenue from offering domains to end customers. If you register with such a program, you can build your very own personal web business. As a rule, a domain name will be more inexpensive if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end client. The explanation is that resellers can reach more persons in areas or states where the Registrar may not be famous at all. This means more sales for the Registrar, so both parties will take advantage of that. Your profit will be the difference between the price that the client pays and the one that the Registrar charges for the domain name registration.
Resell Top-Level Domains Under Your Very Own Personal Brand Name
When you sign up for a domain name reseller program, you will receive a web site hosting CP where you can fix the prices for the individual Top-Level Domains that the Registrar offers. Most corporations also provide billing transaction software and web page themes for your virtual shop, and the automation of the whole process together with the enlarging demand for domains render the domain reseller market so tempting. You will either get a pre-built web site 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 set up your own portal and order form. Traditionally, you have the option to select between the two possibilities, so it all depends on how trained you are in these issues. As a domain reseller, you will sell on behalf of your own personal trademark name and not under the Registrar's brand.
Earn Profit From Reselling Site Hosting Services As Well
A good supplement to your domain name reseller business would be to sell web hosting services as well. Thus, you can give a package deal to customers who wish to set up their website and require both a domain name and a web page hosting package. Some companies supply such options. With 'ResellersPanel', for example, you can buy a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and cost-free billing transaction software to charge your customers. You can then sell domain names and shared website hosting plans to customers, and since they offer a lot of different domain name extensions, you will be able to provide domain name and hosting services to customers from all around the globe.