Domain name reseller
The World Wide Web is an ever-increasing community that supplies new possibilities to make money online. One of them is to be a domain name reseller and offer domains to end clients, gaining revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered every day, and there are millions of presently functioning domain names, so this is a blooming business niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain involves 2 constituents - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic Top-Level Domains include the most widespread domain extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs are made of 2-character abbreviations that signify each country. Instances 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 one, has a Registry - an institution that is responsible for the registrations and sets the preconditions that each specific top-level domain name may include, like the length of the registration term or the citizenship of the registrant. A number of Registrar corporations operate under the Registry. These are the companies that actually sell the domain name to clients and administer all DNS records.
Gain Cash From Trading Domain Names
Multiple Registrars have reseller programs that allow people to make cash from selling domains to end users. If you subscribe to such a program, you can commence your own electronic business. Generally, a domain will cost less if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end client. The explanation is that resellers can reach more customers in provinces or countries where the Registrar may not be known at all. This implies more sales for the Registrar, so both parties will capitalize on that. Your profit will be the difference between the price that the user pays and the one that the Registrar imposes for the domain name registration.
Trade Domains On Behalf Of Your Own Trademark Name
When you register with a domain name reseller program, you will receive a web site hosting CP where you can settle the prices for the various top-level domain names that the Registrar offers. Most firms also offer invoicing software and site layouts for your virtual storefront, and the automation of the whole process together with the proliferating demand for domain names make the domain reseller market so alluring. You will either have a pre-made web site and avail of the Registrar platform to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can build your own web page and order form. Typically, you have the option to select between the two possibilities, so it all revolves around how expert you are in these issues. As a domain reseller, you will do business under your personal trademark name and not under the Registrar's brand.
Earn Profit From Reselling Web Page Hosting Accounts Too
A sensible supplement to your domain name reseller business would be to sell web hosting services too. In this way, you can give a package deal to people who want to build their website and demand both a domain and a web hosting account. A few companies provide such options. With 'ResellersPanel', for instance, you can buy a VPS 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 TLDs and shared web hosting plans to clients, and since they offer plenty of diverse domain extensions, you will be able to offer domain name and hosting services to individuals from all over the world.