Domain name reseller
The World Wide Web is an ever-increasing community that supplies new opportunities to gain money on the Web. One of these ways is to be a domain name reseller and offer domains to end clients, making revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered every day, and there are millions of currently functioning domains, so this is a thriving business niche that you can become a part of.
TLDs and SLDs
A domain name comprises 2 entities - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the second-level domain name.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic top-level domain names include the most popular domain extensions like .com, .net, .org, .mobi, .info, while the ccTLDs are composed of 2-character abbreviations that represent each country. Instances 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 ccTLD, has a Registry - an organization that is responsible for the registrations and sets the requirements that each concrete TLD may contain, including the length of the registration term or the residency of the registrant. Certain Registrar firms work under the Registry. These are the companies that actually sell the domain name to customers and handle all DNS records.
Make Cash From Trading Domains
Numerous Registrars have reseller programs that permit individuals to make profit from selling domains to end customers. If you subscribe to such a program, you can launch your own electronic business. Commonly, a domain name will be cheaper if it is registered through 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 areas or countries where the Registrar may not be popular at all. This means more sales for the Registrar, so both parties will earn a profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar charges for the domain name registration.
Sell TLDs Under Your Very Own Trademark Name
When you subscribe to a domain name reseller program, you will obtain a web space hosting CP where you can determine the prices for the individual TLDs that the Registrar offers. Most companies also provide invoice transaction software and web site themes for your virtual storefront, and the automation of the whole procedure together with the increasing demand for domain names make the domain name reseller business so desirable. You will either have a pre-built web site and utilize the Registrar platform to resell domains, or they will give you access to their API (Application Programming Interface) so that you can build your own personal portal and form for placing orders. Traditionally, you have the option to pick between the two alternatives, so it all revolves around how skillful you are in these affairs. As a domain reseller, you will sell under your very own trademark name and not on behalf of the Registrar's.
Gain Cash From Reselling Web Hosting Accounts Too
A perfect addition to your domain reseller business would be to sell web hosting plans too. Thereby, you can offer a package deal to customers who want to manage their online portal and demand both a domain and a web hosting plan. A few companies furnish such options. With 'ResellersPanel', for example, you can run a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost invoice software to charge your clients. You can then offer domain names and shared website hosting plans to customers, and since they provide plenty of diverse domain extensions, you will be able to offer domain and hosting services to customers from all around the world.