Domain name reseller
The World Wide Web is an ever-expanding platform that generates new ways to gain cash on the Web. One of these options is to be a domain name reseller and sell domains to end users, earning revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered each and every day, and there are millions of presently active domains, so this is a thriving business niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain name involves two entities - a top-level domain name (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 top-level domain names can be generic or country code. The generic TLDs comprise the most common domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains are made of 2-letter abbreviations that denote 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 country-code one, has a Registry - an institution that is responsible for the registrations and determines the prerequisites that each particular Top-Level Domain may contain, like 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 sell the domain name to customers and manage all DNS resource records.
Earn Profit From Trading Domain Names
Lots of Registrars have reseller programs that permit people to make money from selling domain names to end users. If you subscribe to such a program, you can set up your very own personal electronic business. Regularly, a domain will cost less if it is registered via a reseller rather than if it is bought directly from the Registrar by an end client. The explanation is that resellers can contact more clients in regional districts or states where the Registrar may not be popular at all. This means more sales for the Registrar, so both parties will make a profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain name registration.
Resell Domains On Behalf Of Your Own Brand Name
When you register with a domain name reseller program, you will obtain a web site hosting CP where you can select the prices for the individual top-level domain names that the Registrar provides. Most firms also offer invoice management software and web design layouts for your online store, and the automation of the whole procedure combined with the towering demand for domain names render the domain reseller business niche so alluring. You will either have a pre-made site and use the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can make your very own site and order form. Traditionally, you have the opportunity to pick between the 2 options, so it all revolves around how skilled you are in these issues. As a domain reseller, you will work on behalf of your very own personal brand and not under the Registrar's.
Gain Revenue From Promoting Website Hosting Plans Too
A perfect addition to your domain name reseller business would be to sell web hosting accounts as well. Thus, you can offer a package deal to clients who would like to run their web site and demand both a domain name and a hosting account. Certain corporations provide such options. With 'ResellersPanel', for example, you can order a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and free-of-cost billing management software to bill your clients. You can then sell TLDs and shared hosting plans to customers, and since they offer many different domain extensions, you will be able to provide domain name and hosting services to clients from all over the globe.