Domain name reseller
The World Wide Web is an ever-growing community that provides new opportunities to gain cash on the Web. One of these opportunities is to become a domain name reseller and sell domains to end users, generating profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered every day, and there are millions of presently active domains, so this is a developing marketing niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain is composed of two constituents - a Top-Level Domain (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.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic top-level domain names include the most widespread domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs include 2-character abbreviations that signify each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a ccTLD, has a Registry - an organization that administers the registrations and determines the preconditions that each particular TLD may have, such as the duration of the registration term or the citizenship of the registrant. A number of Registrar corporations operate under the Registry. These are the companies that in fact offer the domain name to customers and handle all DNS resource records.
Earn Money From Trading Domain Names
A lot of Registrars have reseller programs that allow people to earn money from selling domain names to end users. If you subscribe to such a program, you can start your very own personal web business. As a rule, a domain name will be more inexpensive if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end client. The cause is that resellers can reach more people in regional districts or countries where the Registrar may not be famous at all. This means more sales for the Registrar, so both parties will benefit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar requires for the domain registration.
Sell Domain Names Under Your Personal Brand
When you subscribe to a domain name reseller program, you will have a web space hosting Control Panel where you can fix the prices for the specific TLDs that the Registrar offers. Most firms also provide invoice management software and skins for your virtual store, and the automation of the entire process together with the increasing demand for domain names render the domain name reseller industry so alluring. You will either get a ready-to-use website and make use of the Registrar system to resell domains, or they will give you access to their API (Application Programming Interface) so that you can make your very own website and order form. Normally, you have the option to choose between the 2 options, so it all revolves around how experienced you are in these issues. As a domain reseller, you will do business under your own personal brand and not under the Registrar's.
Gain Money From Offering Web Space Hosting Packages Too
A relevant supplement to your domain reseller business would be to sell web hosting services too. Thereby, you can give a package deal to people who wish to create their web site and demand both a domain name and a web hosting plan. Some firms offer such options. With 'ResellersPanel', for example, you can buy a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and cost-free invoicing software to charge your clients. You can then sell top-level domain names and shared hosting packages to clients, and since they provide many diverse domain extensions, you will be able to provide domain and hosting services to people from all around the globe.