Domain name reseller
The World Wide Web is an ever-growing platform that offers new ways to make cash online. One of these possibilities is to be a domain name reseller and sell domains to end customers, gaining revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered each and every day, and there are 1 000 000's of currently functioning domains, so this is a blossoming trading niche that you can be a part of.
Top-Level and Second-Level Domains
A domain name is composed of 2 components - a top-level domain name (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.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic top-level domain names comprise the most conventional domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains involve two-letter abbreviations that signify each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic Top-Level Domain or a country-code TLD, has a Registry - an organization that manages the registrations and determines the preconditions that each specific top-level domain name 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 offer the domain name to customers and handle all DNS resource records.
Gain Money From Selling Domains
Numerous Registrars have reseller programs that permit people to make revenue from selling domain names to end clients. If you register with such a program, you can initiate your own personal web business. Regularly, a domain will be more inexpensive if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end client. The cause is that resellers can contact more individuals in provinces or countries where the Registrar may not be popular at all. This implies more sales for the Registrar, so both parties will cash in on that. Your revenue will be the difference between the price that the user pays and the one that the Registrar imposes for the domain registration.
Sell Domains On Behalf Of Your Personal Trademark Name
When you register with a domain reseller program, you will acquire a web page hosting Control Panel where you can choose the prices for the separate TLDs that the Registrar offers. Most companies also provide invoicing software and web layouts for your web storefront, and the automation of the whole process combined with the large demand for domain names make the domain name reseller business niche so seductive. You will either get a turn-key website and use the Registrar system to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can create your very own personal portal and form for placing orders. Traditionally, you have the option to pick between the 2 possibilities, so it all depends on how proficient you are in these matters. As a domain name reseller, you will work on behalf of your personal brand and not under the Registrar's brand.
Make Profit From Providing Website Hosting Packages Too
A suitable supplement to your domain name reseller business would be to sell web hosting packages as well. Thereby, you can offer a package deal to clients who desire to launch their online portal and demand both a domain name and a web space hosting plan. Particular corporations have 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 charge-free billing software to charge your clients. You can then offer TLDs and shared website hosting plans to customers, and since they provide many diverse domain extensions, you will be able to offer domain and hosting services to persons from all over the world.