Domain name reseller
The Internet is an ever-growing community that furnishes new opportunities to earn cash on the Web. One of them is to be a domain reseller and sell domains to end clients, earning revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered every day, and there are millions of presently functioning domain names, so this is an enlarging trading niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain name is made of two entities - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".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 gTLDs include the best known domain extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs are composed of two-character abbreviations that symbolize each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a country-code Top-Level Domain, has a Registry - an institution that administers the registrations and determines the prerequisites 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 clients and handle all domain resource records.
Gain Profit From Trading Domain Names
A lot of Registrars have reseller programs that enable people to earn profit from selling domains to end clients. If you subscribe to such a program, you can begin your very own online business. Usually, a domain name will cost less if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end client. The explanation is that resellers can reach more clients in provinces or countries where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both sides will capitalize on that. Your profit will be the difference between the price that the customer pays and the one that the Registrar charges for the domain name registration.
Trade Domains Under Your Personal Trademark Name
When you subscribe to a domain name reseller program, you will obtain a web hosting Control Panel where you can determine the prices for the separate top-level domain names that the Registrar offers. Most corporations also offer invoice management software and web templates for your online store, and the automation of the whole process combined with the expanding demand for domain names render the domain reseller market so alluring. You will either acquire a pre-made site and make use of the Registrar system to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can set up your own personal site and form for placing orders. Typically, you have the opportunity to select between the 2 possibilities, so it all depends on how experienced you are in these affairs. As a domain name reseller, you will work on behalf of your own personal brand name and not on behalf of the Registrar's.
Gain Profit From Offering Web Hosting Accounts Too
A reasonable addition to your domain name reseller business would be to sell web hosting plans too. Thereby, you can offer a package deal to persons who want to launch their online portal and require both a domain name and a web hosting account. A number of firms supply such options. With 'ResellersPanel', for instance, you can run a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and charge-free invoice transaction software to bill your clients. You can then sell domain names and shared web hosting accounts to customers, and since they provide a lot of different domain name extensions, you will be able to offer domain and hosting services to customers from all around the globe.