Domain name reseller
The World Wide Web is an ever-increasing platform that delivers new opportunities to make cash on the Web. One of these options is to become a domain name reseller and sell domains to end customers, gaining profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered each day, and there are millions of currently active domains, so this is an enlarging trading niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain comprises two parts - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic top-level domain names include the most widespread domain extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains involve two-letter abbreviations that represent each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a country-code TLD, has a Registry - an institution that handles the registrations and determines the requirements that each particular top-level domain name may impose, including the duration of the registration term or the residency of the registrant. A number of Registrar companies operate under the Registry. These are the firms that actually sell the domain name to customers and handle all domain resource records.
Gain Revenue From Offering Domain Names
Plenty of Registrars have reseller programs that enable people to make revenue from selling domain names to end users. If you register with such a program, you can build your own web business. Generally, a domain will be cheaper if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end client. The reason is that resellers can contact more individuals in local districts or states where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both sides will benefit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar levies for the domain registration.
Resell Top-Level Domains On Behalf Of Your Own Brand Name
When you subscribe to a domain name reseller program, you will acquire a site hosting CP where you can determine the prices for the specific TLDs that the Registrar provides. Most corporations also offer invoicing transaction software and themes for your online shop, and the automation of the entire procedure coupled with the great demand for domain names make the domain reseller business so tempting. You will either acquire a turn-key web site and avail of the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can build your very own web site and order form. Usually, you have the opportunity to choose between the 2 options, so it all depends on how experienced you are in these things. As a domain name reseller, you will do business under your own personal brand and not under the Registrar's brand.
Make Profit From Offering Site Hosting Services As Well
An appropriate supplement to your domain name reseller business would be to sell web hosting plans too. Thus, you can offer a package deal to persons who would like to run their web page and require both a domain name and a hosting account. A number of companies offer such options. With 'ResellersPanel', for example, you can manage a VPS or a dedicated server, and they will also offer you a domain reseller account and free invoicing transaction software to bill your clients. You can then sell domains and shared web hosting packages to customers, and since they provide plenty of different domain extensions, you will be able to offer domain and hosting services to individuals from all over the world.