Domain name reseller
The World Wide Web is an ever-increasing system that supplies new ways to gain cash on the Internet. One of these possibilities is to become a domain reseller and sell domain names to end clients, gaining revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered every day, and there are 1 000 000's of presently active domain names, so this is a thriving trading niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain name is composed of two components - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic Top-Level Domains comprise the most conventional domain extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains contain two-character abbreviations that symbolize each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code Top-Level Domain, has a Registry - an organization that is responsible for the registrations and sets the requirements that each given top-level domain name may contain, such as the duration of the registration term or the citizenship of the registrant. A number of Registrar corporations work under the Registry. These are the corporations that actually offer the domain name to customers and administer all domain name resource records.
Earn Revenue From Selling Domain Names
Multiple Registrars have reseller programs that enable individuals to gain money from offering domains to end customers. If you subscribe to such a program, you can commence your very own web business. Generally, a domain name will be more inexpensive if it is registered via a reseller rather than if it is bought directly from the Registrar by an end client. The cause is that resellers can reach more customers in provinces or states where the Registrar may not be famous at all. This implies more sales for the Registrar, so both parties will profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar charges for the domain registration.
Sell Top-Level Domain Names Under Your Own Trademark Name
When you sign up for a domain reseller program, you will receive a CP where you can choose the prices for the specific top-level domain names that the Registrar offers. Most firms also provide billing software and web design skins for your online storefront, and the automation of the whole procedure coupled with the strong demand for domains make the domain name reseller business so seductive. You will either acquire a ready-to-use site and use the Registrar platform to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can build your own personal web portal and form for placing orders. Traditionally, you have the option to choose between the two options, so it all depends on how practiced you are in these issues. As a domain reseller, you will sell on behalf of your own brand name and not on behalf of the Registrar's.
Gain Revenue From Offering Hosting Accounts As Well
A proper supplement to your domain name reseller business would be to sell web hosting services as well. Thereby, you can give a package deal to users who wish to create their website and require both a domain name and a hosting package. Certain companies provide such options. With 'ResellersPanel', for example, you can buy a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and cost-free billing transaction software to bill your customers. You can then sell domains and shared website hosting accounts to customers, and since they provide many different domain name extensions, you will be able to provide domain name and hosting services to customers from all over the world.