Domain name reseller
The Internet is an ever-enlarging community that generates new opportunities to gain cash online. One of these opportunities is to become a domain reseller and sell domains to end clients, gaining profit from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered every day, and there are 1 000 000's of presently functioning domain names, so this is a flowering trading niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain name involves 2 entities - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic TLDs include the most popular domain name extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs involve two-letter abbreviations that correspond to each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a country-code Top-Level Domain, has a Registry - an organization that is responsible for the registrations and sets the prerequisites that each particular Top-Level Domain may impose, including the length of the registration period or the residency of the registrant. Certain Registrar companies work under the Registry. These are the firms that in fact sell the domain name to customers and manage all domain records.
Gain Revenue From Reselling Domains
Plenty of Registrars have reseller programs that permit individuals to gain profit from selling domains to end clients. If you sign up for such a program, you can kickstart your own electronic business. Normally, a domain will cost less if it is registered through a reseller rather than if it is bought straight from the Registrar by an end customer. The explanation is that resellers can reach more clients in regions or states where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both parties will take advantage of 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 Very Own Trademark Name
When you subscribe to a domain reseller program, you will receive a website hosting Control Panel where you can select the prices for the specific Top-Level Domains that the Registrar provides. Most companies also offer invoicing transaction software and web design skins for your online storefront, and the automation of the entire process coupled with the expanding demand for domain names make the domain reseller market niche so alluring. You will either obtain a pre-built web site and utilize the Registrar platform to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can set up your very own web site and order form. Usually, you have the opportunity to choose between the two alternatives, so it all revolves around how skilled you are in these things. As a domain name reseller, you will operate under your very own brand and not under the Registrar's brand.
Make Profit From Reselling Web Hosting Accounts Too
An adequate supplement to your domain name reseller business would be to sell web hosting solutions too. Thus, you can give a package deal to customers who desire to build their web portal and need both a domain name and a hosting account. Given firms have such options. With 'ResellersPanel', for example, you can purchase a VPS or a dedicated server, and they will also offer you a domain name reseller account and free billing management software to charge your clients. You can then sell Top-Level Domains and shared web hosting packages to customers, and since they provide lots of different domain name extensions, you will be able to provide domain name and hosting services to persons from all around the world.