Domain name reseller
The Internet is an ever-growing system that delivers new opportunities to gain cash on the Internet. One of these possibilities is to become a domain reseller and sell domain names to end customers, earning profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered every day, and there are 1 000 000's of currently functioning domains, so this is a blooming business niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain consists of two entities - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The gTLDs include the most common domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs involve 2-character abbreviations that signify each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a country-code Top-Level Domain, has a Registry - an institution that is responsible for the registrations and determines the prerequisites that each particular top-level domain name may entail, including the duration of the registration term or the residency of the registrant. A number of Registrar corporations work under the Registry. These are the firms that in fact sell the domain name to clients and manage all domain name records.
Earn Money From Trading Domains
Many Registrars have reseller programs that enable people to make profit from selling domains to end users. If you subscribe to such a program, you can commence your very own online business. Commonly, a domain will be cheaper if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end client. The cause is that resellers can contact more persons in areas or states where the Registrar may not be known at all. This implies more sales for the Registrar, so both parties will make a profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar requires for the domain registration.
Resell Domain Names On Behalf Of Your Own Brand Name
When you register with a domain reseller program, you will acquire a web space hosting CP where you can choose the prices for the various Top-Level Domains that the Registrar offers. Most corporations also provide billing software and web templates for your web store, and the automation of the whole process together with the significant demand for domains make the domain name reseller business niche so alluring. You will either acquire a turn-key website and utilize 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 own personal web portal and order form. Commonly, you have the option to pick between the two possibilities, so it all depends on how expert you are in these affairs. As a domain reseller, you will work on behalf of your personal brand name and not on behalf of the Registrar's.
Gain Cash From Providing Web Hosting Accounts Too
A proper addition to your domain reseller business would be to sell web hosting accounts too. In this way, you can offer a package deal to individuals who desire to run their online portal and need both a domain and a web hosting package. Some firms provide such options. With 'ResellersPanel', for instance, you can purchase a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and cost-free billing management software to charge your customers. You can then sell domain names and shared website hosting accounts to customers, and since they provide many different domain extensions, you will be able to offer domain name and hosting services to clients from all around the world.