Domain name reseller
The World Wide Web is an ever-increasing community that delivers new opportunities to gain money on the Web. One of these options is to be a domain name reseller and offer domain names to end customers, gaining revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered each day, and there are millions of presently functioning domain names, so this is a developing trading niche that you can be a part of.
TLDs and SLDs
A domain name involves two parts - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic top-level domain names comprise the most widely used domain extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs involve two-letter abbreviations that symbolize each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code one, has a Registry - an organization that tackles the registrations and determines the prerequisites that each specific TLD may have, like the duration of the registration term or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the corporations that in fact offer the domain name to clients and administer all DNS resource records.
Earn Revenue From Offering Domain Names
Lots of Registrars have reseller programs that allow individuals to make cash from selling domain names to end users. If you sign up for such a program, you can build your very own Internet business. Typically, a domain 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 contact more persons in areas or states where the Registrar may not be famous at all. This means more sales for the Registrar, so both sides will cash in on that. Your profit will be the difference between the price that the client pays and the one that the Registrar requires for the domain name registration.
Resell Top-Level Domain Names Under Your Own Brand Name
When you register with a domain reseller program, you will have a CP where you can set the prices for the separate Top-Level Domains that the Registrar provides. Most companies also provide invoicing software and skins for your virtual storefront, and the automation of the entire procedure combined with the immense demand for domains make the domain name reseller industry so alluring. You will either have a pre-built website and make use of the Registrar platform to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can make your very own portal and form for placing orders. Typically, you have the opportunity to select between the two options, so it all depends on how advanced you are in these things. As a domain name reseller, you will sell under your very own brand name and not on behalf of the Registrar's.
Gain Money From Trading Web Site Hosting Plans Too
A good addition to your domain name reseller business would be to sell web hosting plans as well. In this way, you can offer a package deal to persons who wish to launch their website and need both a domain and a web site hosting account. Some corporations have such options. With 'ResellersPanel', for example, you can buy a VPS or a dedicated server, and they will also offer you a domain reseller account and free-of-charge invoice software to charge your clients. You can then offer domains and shared hosting packages to clients, and since they offer lots of diverse domain name extensions, you will be able to provide domain and hosting services to customers from all around the world.