Domain name reseller
The World Wide Web is an ever-expanding network that supplies new ways to gain cash on the Web. One of these ways is to be a domain reseller and offer domain names to end clients, earning profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered each day, and there are millions of currently active domain names, so this is a flourishing trading niche that you can be a part of.
Top-Level and Second-Level Domains
A domain is made of 2 components - a top-level domain name (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 name.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic top-level domain names include the most popular domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains comprise 2-letter abbreviations that signify each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a country-code top-level domain name, has a Registry - an institution that is responsible for the registrations and determines the preconditions that each concrete TLD may impose, among them the length 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 sell the domain name to customers and administer all DNS resource records.
Make Money From Reselling Domains
Numerous Registrars have reseller programs that enable individuals to make money from selling domains to end clients. If you sign up for such a program, you can start your own personal online business. Generally, a domain name will cost less if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end customer. The cause is that resellers can contact more users in provinces or states where the Registrar may not be famous at all. This implies more sales for the Registrar, so both parties will profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar charges for the domain name registration.
Sell Top-Level Domain Names On Behalf Of Your Very Own Personal Brand
When you sign up for a domain reseller program, you will acquire a webspace hosting CP where you can fix the prices for the individual top-level domain names that the Registrar offers. Most companies also offer invoice software and site templates for your web shop, and the automation of the whole process together with the enormous demand for domains make the domain reseller industry so tempting. You will either have a ready-to-use site and use 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 form for placing orders. Usually, you have the option to select between the 2 options, so it all revolves around how advanced you are in these matters. As a domain reseller, you will operate on behalf of your own brand and not on behalf of the Registrar's.
Gain Money From Reselling Site Hosting Accounts Too
A suitable addition to your domain reseller business would be to sell web hosting services too. In this way, you can offer a package deal to users who desire to build their online portal and require both a domain name and a hosting account. Some corporations furnish such options. With 'ResellersPanel', for instance, you can order a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and cost-free invoicing transaction software to bill your clients. You can then offer top-level domain names and shared hosting plans to clients, and since they offer plenty of diverse domain name extensions, you will be able to offer domain name and hosting services to users from all over the world.