Domain name reseller
The World Wide Web is an ever-increasing community that offers new ways to earn cash on the Internet. One of these possibilities is to become a domain reseller and sell domains to end users, making profit from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered each day, and there are 1 000 000's of presently functioning domains, so this is a thriving business niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain is made of two entities - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic TLDs include the most popular domain name extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs are made of 2-character abbreviations that stand for each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code top-level domain name, has a Registry - an organization that handles the registrations and sets the requirements that each concrete Top-Level Domain may involve, among them the length of the registration period or the residency of the registrant. Certain Registrar firms work under the Registry. These are the companies that in fact sell the domain name to clients and handle all DNS records.
Gain Money From Trading Domains
Numerous Registrars have reseller programs that permit individuals to make cash from selling domain names to end customers. If you register with such a program, you can build your own e-business. Typically, a domain name will be more inexpensive if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end user. The reason is that resellers can reach more people in local districts or states where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both sides will benefit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain registration.
Sell Domains On Behalf Of Your Personal Trademark Name
When you subscribe to a domain name reseller program, you will have a web space hosting CP where you can select the prices for the separate TLDs that the Registrar offers. Most companies also provide invoice transaction software and design templates for your virtual store, and the automation of the entire procedure combined with the flourishing demand for domains make the domain reseller business so alluring. You will either get a pre-made website and utilize the Registrar platform to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can set up your own portal and order form. Normally, you have the option to choose between the two alternatives, so it all depends on how advanced you are in these affairs. As a domain name reseller, you will operate under your own personal brand name and not on behalf of the Registrar's.
Make Revenue From Supplying Website Hosting Solutions Too
An excellent addition to your domain name reseller business would be to sell web hosting plans as well. Thus, you can offer a package deal to people who would like to establish their website and need both a domain name and a website hosting package. Certain companies offer such options. With 'ResellersPanel', for instance, you can buy a VPS or a dedicated server, and they will also offer you a domain reseller account and free billing software to charge your customers. You can then offer top-level domain names and shared hosting packages to customers, and since they offer plenty of diverse domain name extensions, you will be able to provide domain name and hosting services to people from all around the world.