Domain name reseller
The World Wide Web is an ever-expanding system that supplies new opportunities to make money on the Web. One of these opportunities is to become a domain name reseller and offer domain names to end users, generating revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each day, and there are 1 000 000's of currently active domain names, so this is a growing trading niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain includes two components - a Top-Level Domain (TLD) and a Second-Level Domain (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 Domains can be generic or country code. The gTLDs include the most widespread domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs consist of 2-character abbreviations that denote each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a country-code one, has a Registry - an institution that deals with the registrations and sets the prerequisites that each specific TLD may have, including the length of the registration term or the residency of the registrant. Certain Registrar corporations work under the Registry. These are the companies that in fact offer the domain name to customers and administer all DNS records.
Earn Money From Offering Domain Names
Multiple Registrars have reseller programs that allow individuals to gain cash from selling domain names to end clients. If you register with such a program, you can launch your very own personal online business. Usually, a domain will be cheaper if it is registered through a reseller rather than if it is bought directly from the Registrar by an end customer. The reason is that resellers can contact more persons in provinces or states where the Registrar may not be popular at all. This implies more sales for the Registrar, so both sides will capitalize on that. Your profit will be the difference between the price that the client pays and the one that the Registrar charges for the domain name registration.
Offer Domains On Behalf Of Your Own Personal Brand
When you sign up for a domain name reseller program, you will get a web hosting Control Panel where you can set the prices for the various Top-Level Domains that the Registrar offers. Most firms also provide billing transaction software and design layouts for your web store, and the automation of the whole process together with the big demand for domain names make the domain name reseller market niche so attractive. You will either obtain a pre-made web site and utilize the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can build your very own portal and form for placing orders. Normally, you have the opportunity to select between the 2 alternatives, so it all depends on how trained you are in these issues. As a domain reseller, you will sell under your own personal trademark name and not on behalf of the Registrar's.
Earn Revenue From Reselling Site Hosting Solutions As Well
A logical addition to your domain reseller business would be to sell web hosting plans as well. In this way, you can give a package deal to individuals who would like to set up their site and demand both a domain and a web hosting package. A number of companies offer such options. With 'ResellersPanel', for instance, you can have a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and free billing transaction software to bill your customers. You can then sell Top-Level Domains and shared website hosting plans to clients, and since they offer a lot of diverse domain extensions, you will be able to offer domain and hosting services to clients from all around the world.