Domain name reseller
The World Wide Web is an ever-increasing platform that furnishes new possibilities to gain money online. One of these opportunities is to become a domain reseller and sell domains to end customers, making profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered every day, and there are millions of presently active domains, so this is a thriving trading niche that you can become a part of.
Top-Level and Second-Level Domains
A domain contains two components - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the second-level domain name.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic top-level domain names include the most popular domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains include two-character abbreviations that denote each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code TLD, has a Registry - an organization that tackles the registrations and sets the requirements that each specific Top-Level Domain may have, such as the length of the registration period or the residency of the registrant. Certain Registrar corporations work under the Registry. These are the companies that in fact sell the domain name to clients and handle all DNS records.
Gain Money From Reselling Domain Names
Many Registrars have reseller programs that enable individuals to gain revenue from offering domain names to end customers. If you sign up for such a program, you can launch your very own online business. Generally, a domain will be more inexpensive if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end user. The explanation is that resellers can contact more persons in regional districts or countries where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both sides will profit from 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.
Offer Domains On Behalf Of Your Own Personal Brand Name
When you register with a domain name reseller program, you will have a web space hosting Control Panel where you can fix the prices for the different top-level domain names that the Registrar provides. Most companies also offer billing transaction software and skins for your virtual store, and the automation of the whole process combined with the significant demand for domain names make the domain name reseller business so desirable. You will either have a pre-developed website and make use of the Registrar platform to sell domains, or they will give you access to their API (Application Programming Interface) so that you can set up your very own personal web site and order form. Typically, you have the opportunity to choose between the two possibilities, so it all depends on how practiced you are in these matters. As a domain reseller, you will work under your very own personal brand name and not under the Registrar's.
Earn Cash From Supplying Webspace Hosting Accounts As Well
A relevant supplement to your domain reseller business would be to sell web hosting plans as well. In this way, you can give a package deal to people who want to set up their online portal and require both a domain name and a web hosting package. A few companies provide such options. With 'ResellersPanel', for example, you can order a VPS or a dedicated server, and they will also give you a domain name reseller account and cost-free billing management software to bill your clients. You can then offer top-level domain names and shared hosting packages to clients, and since they provide lots of different domain extensions, you will be able to provide domain and hosting services to persons from all over the globe.