Domain name reseller
The World Wide Web is an ever-enlarging network that offers new ways to make cash online. One of them is to be a domain name reseller and sell domain names to end clients, making profit 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 millions of presently functioning domains, so this is an expanding trading niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain name is composed of two pieces - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the SLD.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic top-level domain names comprise the most famous domain extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names comprise two-letter abbreviations that correspond to each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code Top-Level Domain, has a Registry - an institution that is responsible for the registrations and sets the requirements that each particular top-level domain name may impose, among them the duration of the registration period or the residency of the registrant. Certain Registrar companies work under the Registry. These are the companies that actually sell the domain name to clients and handle all domain name records.
Make Money From Selling Domains
Numerous Registrars have reseller programs that allow individuals to earn money from selling domains to end users. If you register with such a program, you can commence your very own online business. As a rule, a domain will cost less if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end customer. The cause is that resellers can contact more clients in local communities or states where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both parties will profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar charges for the domain registration.
Resell Top-Level Domain Names Under Your Very Own Brand Name
When you subscribe to a domain reseller program, you will obtain a site hosting CP where you can choose the prices for the specific Top-Level Domains that the Registrar provides. Most firms also offer billing management software and web templates for your online shop, and the automation of the entire process together with the strong demand for domains make the domain name reseller business so desirable. You will either receive a pre-developed site and avail of the Registrar platform to resell domains, or they will give you access to their API (Application Programming Interface) so that you can set up your own personal web portal and order form. Usually, you have the opportunity to decide between the two alternatives, so it all depends on how advanced you are in these matters. As a domain name reseller, you will do business on behalf of your personal brand and not under the Registrar's brand.
Earn Revenue From Reselling Site Hosting Packages Too
A nice addition to your domain name reseller business would be to sell web hosting accounts as well. Thus, you can offer a package deal to customers who want to launch their web site and demand both a domain and a web page hosting account. A few firms supply such options. With 'ResellersPanel', for instance, you can order a VPS or a dedicated server, and they will also give you a domain name reseller account and charge-free billing transaction software to charge your clients. You can then sell domains and shared web hosting plans to customers, and since they offer lots of different domain name extensions, you will be able to provide domain and hosting services to individuals from all over the world.