Domain name reseller
The Internet is an ever-enlarging community that supplies new options to gain money online. One of these opportunities is to become a domain reseller and offer domains to end customers, making profit from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered each day, and there are millions of currently active domains, so this is a thriving trading niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain name comprises 2 entities - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic Top-Level Domains include the most widespread domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names comprise 2-letter abbreviations that denote 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 generic or a country-code TLD, has a Registry - an institution that handles the registrations and determines the preconditions that each specific TLD may entail, such as the duration of the registration period or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the firms that in fact offer the domain name to customers and manage all domain name resource records.
Earn Cash From Offering Domain Names
Plenty of Registrars have reseller programs that allow people to gain revenue from offering domains to end customers. If you subscribe to such a program, you can kickstart your own e-business. Generally, a domain name will cost less if it is registered via a reseller rather than if it is bought directly from the Registrar by an end client. The explanation is that resellers can contact more individuals in regions or countries where the Registrar may not be famous at all. This means more sales for the Registrar, so both parties will make a profit from 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 Top-Level Domain Names On Behalf Of Your Own Personal Trademark Name
When you register with a domain reseller program, you will obtain a webspace hosting Control Panel where you can settle the prices for the different Top-Level Domains that the Registrar offers. Most firms also offer billing transaction software and layouts for your online storefront, and the automation of the whole process combined with the growing demand for domains make the domain reseller market niche so alluring. You will either obtain a pre-developed web site and make use of the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can make your very own online portal and form for placing orders. Normally, you have the option to select between the two alternatives, so it all depends on how advanced you are in these matters. As a domain name reseller, you will operate under your very own brand name and not under the Registrar's.
Earn Cash From Offering Web Hosting Services Too
A suitable supplement to your domain name reseller business would be to sell web hosting services too. In this way, you can offer a package deal to individuals who would like to create their site and need both a domain and a hosting plan. A number of companies have 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 free-of-cost billing software to charge your customers. You can then sell domain names and shared website hosting packages to clients, and since they provide plenty of diverse domain name extensions, you will be able to offer domain and hosting services to individuals from all around the globe.