Domain name reseller
The World Wide Web is an ever-enlarging network that delivers new ways to make cash online. One of these opportunities is to become a domain name reseller and sell domains to end users, gaining revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered every day, and there are millions of currently active domains, so this is a flourishing trading niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain comprises two constituents - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic top-level domain names include the most conventional domain name extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs include two-letter abbreviations that symbolize each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code Top-Level Domain, has a Registry - an institution that tackles the registrations and sets the preconditions that each given Top-Level Domain may contain, like the duration of the registration term or the citizenship of the registrant. Certain Registrar firms work under the Registry. These are the companies that in fact offer the domain name to customers and manage all DNS records.
Make Cash From Selling Domains
A lot of Registrars have reseller programs that permit people to gain profit from selling domain names to end users. If you register with such a program, you can start your own e-business. Usually, a domain name will be cheaper if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end customer. The explanation is that resellers can contact more persons in regions or states where the Registrar may not be famous at all. This means more sales for the Registrar, so both sides will make a profit from 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 Domains Under Your Own Brand Name
When you sign up for a domain name reseller program, you will obtain a web hosting Control Panel where you can settle the prices for the individual TLDs that the Registrar provides. Most companies also provide invoice software and site layouts for your virtual storefront, and the automation of the entire procedure coupled with the great demand for domain names make the domain name reseller business so attractive. You will either acquire a pre-built website and avail of the Registrar platform to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can build your very own website and order form. Commonly, you have the opportunity to select between the two possibilities, so it all depends on how practiced you are in these affairs. As a domain reseller, you will work under your very own personal brand and not under the Registrar's.
Gain Revenue From Trading Web Hosting Plans Too
A logical supplement to your domain reseller business would be to sell web hosting packages too. In this way, you can offer a package deal to people who would like to create their online portal and require both a domain name and a webspace hosting plan. Particular corporations supply such options. With 'ResellersPanel', for instance, you can have a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and free-of-cost invoice management software to bill your clients. You can then sell top-level domain names and shared web hosting accounts to customers, and since they provide a lot of diverse domain extensions, you will be able to provide domain and hosting services to clients from all over the world.