Domain name reseller
The Internet is an ever-developing community that generates new ways to gain cash on the Web. One of them is to be a domain name reseller and sell domain names to end clients, generating revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered each and every day, and there are 1 000 000's of currently functioning domains, so this is a developing trading niche that you can become involved in.
Top-Level and Second-Level Domains
A domain contains two pieces - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The gTLDs comprise the most common domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs involve 2-character abbreviations that symbolize each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a ccTLD, has a Registry - an institution that is responsible for the registrations and sets the requirements that each specific Top-Level Domain may have, among them the length of the registration term or the citizenship of the registrant. Certain Registrar corporations operate under the Registry. These are the companies that in fact sell the domain name to customers and administer all DNS resource records.
Gain Profit From Offering Domains
Multiple Registrars have reseller programs that permit individuals to earn profit from selling domains to end clients. If you subscribe to such a program, you can begin your own personal online business. Regularly, a domain will cost less if it is registered via a reseller rather than if it is bought straight from the Registrar by an end client. The reason is that resellers can reach more people in regions or states where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides will make a profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar charges for the domain registration.
Resell Domains On Behalf Of Your Own Brand
When you register with a domain reseller program, you will receive a website hosting CP where you can choose the prices for the different top-level domain names that the Registrar offers. Most companies also provide billing transaction software and themes for your web storefront, and the automation of the entire procedure combined with the immense demand for domain names render the domain name reseller market niche so desirable. You will either get a ready-made web site and utilize the Registrar system to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can create your very own personal web page and form for placing orders. Typically, you have the option to decide between the two alternatives, so it all revolves around how accomplished you are in these affairs. As a domain name reseller, you will work under your own brand and not on behalf of the Registrar's brand.
Earn Money From Supplying Web Site Hosting Packages Too
A perfect supplement to your domain name reseller business would be to sell web hosting plans as well. In this way, you can give a package deal to customers who wish to set up their website and need both a domain name and a webspace hosting plan. Given firms have such options. With 'ResellersPanel', for instance, you can manage a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and free-of-cost invoice transaction software to bill your clients. You can then sell top-level domain names and shared website hosting packages to clients, and since they offer plenty of different domain extensions, you will be able to offer domain and hosting services to clients from all over the globe.