Domain name reseller
The World Wide Web is an ever-flourishing community that furnishes new opportunities to gain money online. One of these options is to become a domain name reseller and sell domain names to end clients, making profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered each and every day, and there are millions of currently active domain names, so this is a flourishing trading niche that you can become involved in.
TLDs and SLDs
A domain is made of 2 constituents - a top-level domain name (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 SLD.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic top-level domain names include the most common domain extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names are composed of two-letter abbreviations that correspond to each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code TLD, has a Registry - an organization that administers the registrations and sets the prerequisites that each concrete TLD may entail, such as the length of the registration period or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the corporations that actually sell the domain name to customers and handle all DNS records.
Gain Profit From Offering Domains
Plenty of Registrars have reseller programs that enable individuals to make profit from selling domains to end users. If you sign up for such a program, you can set up your very own online business. Commonly, a domain name will be cheaper if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end customer. The explanation is that resellers can reach more individuals in regions or countries where the Registrar may not be famous at all. This means more sales for the Registrar, so both parties will benefit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar imposes for the domain name registration.
Offer Top-Level Domain Names Under Your Very Own Brand
When you register with a domain name reseller program, you will obtain a Control Panel where you can fix the prices for the separate TLDs that the Registrar offers. Most firms also provide billing management software and web site skins for your online shop, and the automation of the whole procedure combined with the large demand for domains make the domain name reseller business niche so desirable. You will either acquire a pre-made website and use the Registrar platform to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can set up your own personal portal and form for placing orders. Traditionally, you have the opportunity to pick between the two options, so it all revolves around how skillful you are in these matters. As a domain reseller, you will operate on behalf of your very own trademark name and not on behalf of the Registrar's.
Earn Profit From Promoting Web Hosting Services As Well
A logical addition to your domain name reseller business would be to sell web hosting solutions as well. Thereby, you can give a package deal to persons who would like to create their site and demand both a domain and a web hosting account. Some firms supply such options. With 'ResellersPanel', for instance, you can order a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and free-of-charge invoice software to bill your customers. You can then offer domains and shared web hosting plans to clients, and since they provide plenty of different domain extensions, you will be able to provide domain and hosting services to customers from all over the world.