Domain name reseller
The World Wide Web is an ever-growing platform that offers new opportunities to gain cash online. One of these options is to become a domain name reseller and offer domains to end users, making profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered each and every day, and there are millions of presently functioning domains, so this is a blossoming marketing niche that you can become a part of.
TLDs and SLDs
A domain name contains two entities - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code TLDs
The Top-Level Domains 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 country-code top-level domain names are composed of 2-character abbreviations that stand for each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code one, has a Registry - an institution that is responsible for the registrations and determines the requirements that each specific TLD may have, among them the length of the registration term or the residency of the registrant. A number of Registrar corporations work under the Registry. These are the companies that in fact offer the domain name to customers and administer all domain resource records.
Gain Profit From Trading Domains
Numerous Registrars have reseller programs that enable individuals to make revenue from selling domains to end clients. If you sign up for such a program, you can launch your very own personal web business. Normally, a domain name will be more inexpensive if it is registered through a reseller rather than if it is bought straight from the Registrar by an end customer. The cause is that resellers can reach more users in areas or states where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both parties will benefit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar imposes for the domain name registration.
Trade Top-Level Domain Names On Behalf Of Your Own Personal Trademark Name
When you sign up for a domain reseller program, you will have a web space hosting CP where you can select the prices for the different TLDs that the Registrar provides. Most companies also provide invoicing software and design layouts for your web store, and the automation of the entire procedure combined with the great demand for domains make the domain reseller market so desirable. You will either get a ready-to-use website and make use of the Registrar platform to sell domains, or they will give you access to their API (Application Programming Interface) so that you can set up your own personal online portal and form for placing orders. Normally, you have the opportunity to choose between the two possibilities, so it all depends on how proficient you are in these matters. As a domain name reseller, you will operate on behalf of your very own brand and not on behalf of the Registrar's.
Make Money From Selling Web Hosting Services As Well
A good supplement to your domain reseller business would be to sell web hosting packages as well. In this way, you can offer a package deal to persons who desire to make their site and need both a domain name and a web site hosting plan. Particular corporations furnish such options. With 'ResellersPanel', for instance, you can order a VPS or a dedicated server, and they will also offer you a domain reseller account and charge-free invoicing software to charge your customers. You can then sell Top-Level Domains and shared website hosting plans to customers, and since they provide plenty of diverse domain extensions, you will be able to provide domain name and hosting services to customers from all around the world.