Domain name reseller
The World Wide Web is an ever-flourishing network that furnishes new opportunities to gain cash online. One of these ways is to be a domain reseller and offer domains to end clients, making profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered each and every day, and there are millions of presently active domains, so this is an increasing trading niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain contains two constituents - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic Top-Level Domains comprise the most common domain extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs involve 2-character abbreviations that correspond to each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a country-code Top-Level Domain, has a Registry - an organization that manages the registrations and determines the preconditions that each concrete top-level domain name may impose, like the duration of the registration term or the citizenship of the registrant. Certain Registrar firms operate under the Registry. These are the corporations that in fact sell the domain name to clients and handle all DNS resource records.
Make Money From Offering Domains
Plenty of Registrars have reseller programs that permit individuals to gain revenue from selling domains to end users. If you sign up for such a program, you can initiate your very own web business. Normally, a domain name will be cheaper if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end client. The reason is that resellers can reach more clients in regions or countries where the Registrar may not be famous whatsoever. 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 customer pays and the one that the Registrar levies for the domain name registration.
Resell Top-Level Domains Under Your Own Personal Brand
When you subscribe to a domain reseller program, you will have a CP where you can select the prices for the various top-level domain names that the Registrar provides. Most companies also offer invoice management software and site templates for your online shop, and the automation of the entire procedure combined with the great demand for domain names make the domain reseller market so alluring. You will either have a ready-to-use web site and use the Registrar system to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can create your very own web site and order form. Usually, you have the option to pick between the 2 alternatives, so it all depends on how accomplished you are in these matters. As a domain name reseller, you will operate on behalf of your very own personal brand name and not on behalf of the Registrar's brand.
Gain Profit From Offering Web Hosting Plans Too
A sensible supplement to your domain reseller business would be to sell web hosting accounts too. In this way, you can give a package deal to users who wish to create their website and need both a domain and a web page hosting plan. A number of companies provide such options. With 'ResellersPanel', for example, you can run a VPS or a dedicated server, and they will also offer you a domain name reseller account and cost-free invoice transaction software to bill your customers. You can then offer top-level domain names and shared hosting accounts to customers, and since they offer many different domain name extensions, you will be able to offer domain name and hosting services to customers from all over the world.