Domain name reseller
The World Wide Web is an ever-flourishing system that provides new opportunities to gain money on the Web. One of these possibilities is to be a domain reseller and sell domains to end users, making 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 an expanding trading niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain comprises two pieces - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the TLD 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 most popular domain name extensions like .com, .net, .org, .mobi, .info, while the ccTLDs are made of two-letter abbreviations that correspond to each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code top-level domain name, has a Registry - an organization that is responsible for the registrations and sets the prerequisites that each concrete Top-Level Domain may contain, among them the duration of the registration period 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 clients and handle all DNS resource records.
Gain Money From Offering Domain Names
Many Registrars have reseller programs that permit individuals to gain money from selling domain names to end customers. If you sign up for such a program, you can establish your very own e-business. Regularly, a domain will be more inexpensive if it is registered via a reseller rather than if it is bought straight from the Registrar by an end user. The explanation is that resellers can reach more customers in regional districts or states where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both parties will cash in on that. Your revenue will be the difference between the price that the client pays and the one that the Registrar charges for the domain name registration.
Offer Domain Names Under Your Personal Brand Name
When you sign up for a domain reseller program, you will obtain a site hosting CP where you can determine the prices for the various top-level domain names that the Registrar offers. Most companies also provide invoicing transaction software and design layouts for your online store, and the automation of the entire process coupled with the vast demand for domains render the domain name reseller market niche so alluring. You will either receive a ready-to-use website and utilize the Registrar system to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can set up your very own site and form for placing orders. Normally, you have the opportunity to select between the two alternatives, so it all revolves around how practiced you are in these affairs. As a domain name reseller, you will sell on behalf of your very own personal brand name and not under the Registrar's.
Earn Cash From Trading Webspace Hosting Plans As Well
A proper addition to your domain name reseller business would be to sell web hosting plans as well. Thus, you can give a package deal to users who wish to launch their web page and require both a domain name and a webspace hosting package. Particular corporations 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 charge-free billing management software to bill your customers. You can then offer domain names and shared website hosting plans to clients, and since they provide a lot of diverse domain name extensions, you will be able to provide domain and hosting services to individuals from all around the world.