Domain name reseller
The World Wide Web is an ever-developing system that generates new ways to make cash on the Web. One of these options is to become a domain name reseller and sell domain names to end customers, earning revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered every day, and there are 1 000 000's of currently functioning domains, so this is a blossoming trading niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain name comprises two constituents - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
gTLDs and ccTLDs
The TLDs can be generic or country code. The gTLDs include the most widely used domain extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs are made of 2-letter abbreviations that denote each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a country-code Top-Level Domain, has a Registry - an organization that tackles the registrations and sets the requirements that each concrete TLD may involve, such as the length of the registration term or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the companies that actually sell the domain name to clients and administer all domain name resource records.
Make Profit From Offering Domains
Lots of Registrars have reseller programs that allow individuals to earn revenue from selling domain names to end clients. If you sign up for such a program, you can build your own web business. Generally, a domain name will cost less if it is registered via a reseller rather than if it is bought directly from the Registrar by an end user. The cause is that resellers can reach more clients in local districts or states where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both parties will capitalize on that. Your revenue will be the difference between the price that the client pays and the one that the Registrar requires for the domain registration.
Offer TLDs On Behalf Of Your Very Own Brand
When you register with a domain name reseller program, you will obtain a Control Panel where you can set the prices for the specific TLDs that the Registrar provides. Most corporations also offer billing software and web themes for your virtual shop, and the automation of the whole procedure coupled with the great demand for domain names render the domain reseller market so attractive. You will either have a ready-to-use website and avail of the Registrar platform to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can set up your very own web page and order form. Commonly, you have the opportunity to select between the 2 possibilities, so it all revolves around how proficient you are in these affairs. As a domain name reseller, you will sell on behalf of your very own personal brand and not on behalf of the Registrar's.
Make Cash From Providing Web Space Hosting Plans As Well
A proper addition to your domain reseller business would be to sell web hosting packages as well. Thereby, you can offer a package deal to people who want to establish their site and demand both a domain name and a web page hosting plan. Given companies provide such options. With 'ResellersPanel', for example, you can order a VPS or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost invoicing software to charge your clients. You can then sell top-level domain names and shared website hosting packages to customers, and since they offer many diverse domain extensions, you will be able to offer domain name and hosting services to persons from all over the globe.