Domain name reseller
The Internet is an ever-enlarging network that delivers new opportunities to gain money on the Web. One of these options is to become a domain name reseller and sell 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 domains are registered each and every day, and there are 1 000 000's of presently active domain names, so this is a thriving trading niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain consists of two components - 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 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 comprise the most widespread domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names comprise two-letter abbreviations that represent each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code Top-Level Domain, has a Registry - an organization that administers the registrations and sets the preconditions that each specific top-level domain name may entail, like the length of the registration period or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the firms that actually sell the domain name to customers and handle all DNS resource records.
Gain Profit From Offering Domains
Lots of Registrars have reseller programs that allow individuals to earn profit from selling domains to end users. If you subscribe to such a program, you can launch your very own web business. Typically, 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 explanation is that resellers can reach more individuals in regions or countries where the Registrar may not be popular at all. This means more sales for the Registrar, so both sides will cash in on that. Your revenue will be the difference between the price that the user pays and the one that the Registrar levies for the domain registration.
Resell TLDs Under Your Very Own Brand Name
When you sign up for a domain reseller program, you will have a webspace hosting Control Panel where you can fix the prices for the specific TLDs that the Registrar offers. Most corporations also offer billing management software and web themes for your virtual storefront, and the automation of the entire procedure coupled with the towering demand for domain names make the domain name reseller business so attractive. You will either get a pre-developed website and use the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can build your very own personal site and order form. Usually, you have the opportunity to select between the 2 possibilities, so it all depends on how proficient you are in these matters. As a domain name reseller, you will sell on behalf of your very own trademark name and not on behalf of the Registrar's brand.
Earn Profit From Providing Web Page Hosting Plans Too
A suitable addition to your domain name reseller business would be to sell web hosting accounts as well. In this way, you can give a package deal to customers who wish to launch their web page and need both a domain and a site hosting account. A few firms provide such options. With 'ResellersPanel', for example, you can manage a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and free invoicing software to charge your customers. You can then offer Top-Level Domains and shared website hosting accounts to clients, and since they provide lots of diverse domain name extensions, you will be able to offer domain name and hosting services to customers from all around the world.