Domain name reseller
The World Wide Web is an ever-increasing network that offers new opportunities to gain cash online. One of these ways is to become a domain reseller and offer domain names to end clients, gaining revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered every day, and there are millions of currently functioning domain names, so this is a growing trading niche that you can become engaged in.
TLDs and SLDs
A domain name is made of two entities - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic TLDs include the most widespread domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names involve 2-letter abbreviations that symbolize each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code Top-Level Domain, has a Registry - an institution that is responsible for the registrations and determines the prerequisites that each particular Top-Level Domain may involve, such as the length of the registration term or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the companies that in fact offer the domain name to customers and handle all domain name resource records.
Make Profit From Offering Domains
Numerous Registrars have reseller programs that enable people to make revenue from offering domains to end users. If you subscribe to such a program, you can initiate your very own personal web business. As a rule, a domain will be more inexpensive if it is registered via a reseller rather than if it is bought straight from the Registrar by an end customer. The cause is that resellers can contact more clients in regional districts or states where the Registrar may not be famous whatsoever. 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 user pays and the one that the Registrar imposes for the domain registration.
Trade Top-Level Domain Names Under Your Own Trademark Name
When you register with a domain reseller program, you will obtain a site hosting Control Panel where you can select the prices for the separate top-level domain names that the Registrar offers. Most firms also provide billing management software and design layouts for your virtual store, and the automation of the entire procedure combined with the flourishing demand for domains render the domain name reseller business niche so attractive. You will either have a pre-built website and avail of the Registrar platform to sell domains, or they will give you access to their API (Application Programming Interface) so that you can set up your very own site and order form. Generally, you have the opportunity to pick between the two possibilities, so it all depends on how skilled you are in these issues. As a domain name reseller, you will do business under your very own brand name and not under the Registrar's brand.
Earn Revenue From Reselling Web Page Hosting Packages Too
A logical supplement to your domain reseller business would be to sell web hosting solutions too. Thereby, you can give a package deal to users who want to establish their online portal and require both a domain and a webspace hosting plan. Certain firms supply such options. With 'ResellersPanel', for instance, you can buy a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and free-of-charge billing transaction software to charge your customers. You can then sell top-level domain names and shared website hosting accounts to customers, and since they offer plenty of diverse domain name extensions, you will be able to offer domain and hosting services to people from all over the world.