Domain name reseller
The World Wide Web is an ever-expanding system that generates new ways to gain cash on the Internet. One of these ways is to become a domain name reseller and sell domains to end clients, making profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered every day, and there are millions of currently active domain names, so this is a growing trading niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain name consists of 2 parts - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the SLD.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The gTLDs include the most widespread domain name extensions like .com, .net, .org, .mobi, .info, while the ccTLDs include two-letter abbreviations that denote each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a country-code one, has a Registry - an institution that is responsible for the registrations and sets the prerequisites that each given top-level domain name may involve, among them the duration of the registration period or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the companies that actually sell the domain name to customers and administer all DNS records.
Earn Money From Offering Domains
Numerous Registrars have reseller programs that enable people to earn profit from offering domains to end users. If you subscribe to such a program, you can establish your very own personal online business. Usually, a domain name will be cheaper if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end client. The reason is that resellers can contact more clients in local communities or countries where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both sides will make a profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar charges for the domain registration.
Resell TLDs Under Your Own Brand
When you register with a domain reseller program, you will have a web page hosting Control Panel where you can fix the prices for the specific TLDs that the Registrar provides. Most companies also offer invoicing software and website layouts for your virtual shop, and the automation of the whole process combined with the significant demand for domain names make the domain reseller market niche so seductive. You will either acquire a ready-for-use site and use the Registrar platform to resell domains, or they will give you access to their API (Application Programming Interface) so that you can make your own online portal and order form. Generally, you have the opportunity to pick between the two options, so it all depends on how experienced you are in these issues. As a domain reseller, you will sell under your own personal brand and not on behalf of the Registrar's.
Earn Cash From Offering Web Space Hosting Accounts As Well
An appropriate 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 desire to run their site and demand both a domain and a site hosting package. Certain corporations have such options. With 'ResellersPanel', for instance, you can order a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost billing management software to charge your clients. You can then sell top-level domain names and shared hosting plans to clients, and since they offer plenty of diverse domain name extensions, you will be able to offer domain and hosting services to individuals from all around the world.