Domain name reseller
The Internet is an ever-flourishing system that supplies new possibilities to gain cash online. One of these possibilities is to become a domain name reseller and offer domain names to end users, gaining 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 1 000 000's of presently active domains, so this is an increasing business niche that you can be a part of.
Top-Level and Second-Level Domains
A domain is made of two constituents - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic Top-Level Domains comprise the most popular domain extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains contain two-letter abbreviations that represent each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic Top-Level Domain or a country-code one, has a Registry - an organization that handles the registrations and sets the prerequisites that each given Top-Level Domain may entail, including the duration of the registration term or the residency of the registrant. A number of Registrar companies work under the Registry. These are the corporations that actually sell the domain name to clients and administer all domain resource records.
Earn Revenue From Trading Domains
Many Registrars have reseller programs that enable individuals to earn revenue from offering domains to end clients. If you sign up for such a program, you can launch your own personal e-business. Normally, a domain name will be cheaper if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end customer. The reason is that resellers can reach more users in local regions or countries where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both sides 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 requires for the domain name registration.
Trade Top-Level Domain Names On Behalf Of Your Very Own Brand Name
When you subscribe to a domain name reseller program, you will get a web site hosting CP where you can fix the prices for the specific Top-Level Domains that the Registrar provides. Most companies also provide invoicing software and design templates for your virtual shop, and the automation of the entire procedure together with the expanding demand for domain names make the domain reseller business niche so tempting. You will either have a turn-key website and utilize the Registrar platform to sell domains, or they will give you access to their API (Application Programming Interface) so that you can make your own web page and form for placing orders. Usually, you have the opportunity to pick between the two possibilities, so it all depends on how accomplished you are in these affairs. As a domain name reseller, you will sell on behalf of your very own brand and not on behalf of the Registrar's.
Gain Cash From Trading Web Site Hosting Services Too
A relevant addition to your domain name reseller business would be to sell web hosting plans too. Thus, you can offer a package deal to customers who would like to establish their web portal and demand both a domain and a web page hosting plan. A number of corporations offer such options. With 'ResellersPanel', for instance, you can have a Virtual Server or a dedicated server, and they will also give you a domain reseller account and free-of-cost invoicing transaction software to charge your clients. You can then offer domain names and shared website hosting accounts to clients, and since they offer plenty of different domain name extensions, you will be able to provide domain and hosting services to people from all over the world.