Domain name reseller
The World Wide Web is an ever-enlarging platform that offers new options to make money online. One of them is to become a domain reseller and sell domains to end users, making profit from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered each day, and there are millions of presently functioning domain names, so this is a growing trading niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain involves two entities - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic TLDs comprise the most conventional domain extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains consist of two-letter abbreviations that stand for each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a country-code TLD, has a Registry - an organization that deals with the registrations and sets the preconditions that each particular top-level domain name may impose, such as the length of the registration term or the residency of the registrant. Certain Registrar firms operate under the Registry. These are the corporations that in fact sell the domain name to clients and administer all DNS resource records.
Earn Revenue From Offering Domains
Numerous Registrars have reseller programs that enable individuals to make revenue from selling domain names to end users. If you subscribe to such a program, you can launch your very own electronic business. As a rule, a domain name will be cheaper if it is registered via a reseller rather than if it is bought straight from the Registrar by an end user. The reason is that resellers can reach more people in local regions or countries where the Registrar may not be famous at all. This means more sales for the Registrar, so both parties will profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar charges for the domain name registration.
Sell Domain Names On Behalf Of Your Very Own Brand
When you subscribe to a domain reseller program, you will obtain a hosting CP where you can fix the prices for the individual TLDs that the Registrar provides. Most companies also provide billing software and web site skins for your web storefront, and the automation of the whole procedure coupled with the high demand for domains make the domain reseller business so desirable. You will either get a pre-developed site and avail of the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your very own site and order form. Traditionally, you have the opportunity to choose between the two options, so it all revolves around how expert you are in these issues. As a domain name reseller, you will sell on behalf of your personal brand name and not on behalf of the Registrar's.
Make Cash From Supplying Hosting Packages As Well
A good supplement to your domain name reseller business would be to sell web hosting solutions too. Thus, you can offer a package deal to persons who would like to run their web portal and need both a domain and a web hosting package. Given firms furnish such options. With 'ResellersPanel', for instance, you can run a VPS or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost billing software to bill your customers. You can then sell domains and shared website hosting packages to clients, and since they provide many different domain extensions, you will be able to offer domain name and hosting services to people from all around the globe.