Domain reseller
The World Wide Web is an ever-growing community that supplies new possibilities to make cash on the Web. One of these ways is to be a domain name reseller and sell domains to end users, making revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered each and every day, and there are 1 000 000's of presently active domains, so this is a flourishing business niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain consists of two components - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic TLDs include the most popular domain extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names comprise 2-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 generic top-level domain name or a country-code one, has a Registry - an institution that manages the registrations and sets the preconditions that each concrete top-level domain name may have, among them the length of the registration term or the citizenship of the registrant. Certain Registrar companies work under the Registry. These are the firms that in fact offer the domain name to customers and manage all DNS records.
Earn Revenue From Trading Domain Names
A lot of Registrars have reseller programs that allow people to gain revenue from offering domains to end customers. If you register with such a program, you can kickstart your very own online business. Regularly, a domain will be cheaper if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end customer. The reason is that resellers can reach more individuals in regions or states where the Registrar may not be famous at all. This means more sales for the Registrar, so both parties will capitalize on that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar charges for the domain registration.
Sell Domain Names Under Your Own Brand
When you sign up for a domain name reseller program, you will receive a web site hosting CP where you can fix the prices for the separate top-level domain names that the Registrar offers. Most corporations also provide invoicing software and web page templates for your web store, and the automation of the whole procedure coupled with the big demand for domains render the domain reseller business so desirable. You will either receive a ready-for-use web site and utilize the Registrar system to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can create your very own personal web page and order form. Usually, you have the opportunity to decide between the two alternatives, so it all revolves around how trained you are in these affairs. As a domain name reseller, you will operate on behalf of your personal brand and not on behalf of the Registrar's.
Gain Profit From Promoting Website Hosting Solutions As Well
An excellent supplement to your domain reseller business would be to sell web hosting accounts as well. Thereby, you can give a package deal to users who want to establish their web portal and require both a domain and a web space hosting plan. Given firms furnish such options. With 'ResellersPanel', for instance, you can manage a VPS or a dedicated server, and they will also offer you a domain reseller account and free-of-cost invoice software to charge your customers. You can then offer top-level domain names and shared website hosting packages to clients, and since they provide plenty of diverse domain extensions, you will be able to offer domain name and hosting services to clients from all around the globe.