Domain name reseller
The Internet is an ever-developing community that provides new opportunities to make cash online. One of these possibilities is to become a domain reseller and offer domain names to end users, earning profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered each and every day, and there are millions of presently active domain names, so this is a flourishing trading niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain comprises 2 constituents - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic top-level domain names include the most widely used domain extensions like .com, .net, .org, .mobi, .info, while the ccTLDs are made of 2-letter abbreviations that symbolize each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a country-code top-level domain name, has a Registry - an organization that manages the registrations and sets the prerequisites that each particular TLD may impose, among them the duration of the registration period or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the companies that actually sell the domain name to clients and manage all DNS resource records.
Earn Revenue From Reselling Domains
Plenty of Registrars have reseller programs that enable people to gain revenue from selling domain names to end clients. If you subscribe to such a program, you can kickstart your own online business. Regularly, a domain will be cheaper if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end client. The cause is that resellers can contact more users in regional districts or states where the Registrar may not be known at all. This means more sales for the Registrar, so both parties will take advantage of that. Your revenue will be the difference between the price that the user pays and the one that the Registrar imposes for the domain name registration.
Offer Domains On Behalf Of Your Own Personal Brand
When you sign up for a domain name reseller program, you will receive a web hosting CP where you can settle the prices for the various top-level domain names that the Registrar offers. Most companies also offer invoicing transaction software and web page themes for your online storefront, and the automation of the entire procedure together with the towering demand for domain names render the domain name reseller market niche so seductive. You will either receive a pre-developed website and utilize the Registrar platform to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can create your own personal online portal and form for placing orders. Typically, you have the opportunity to choose between the 2 alternatives, so it all revolves around how accomplished you are in these issues. As a domain name reseller, you will work under your personal trademark name and not under the Registrar's brand.
Gain Profit From Offering Website Hosting Packages Too
An excellent supplement to your domain reseller business would be to sell web hosting plans too. In this way, you can offer a package deal to clients who wish to manage their online portal and need both a domain and a website hosting plan. Particular corporations supply such options. With 'ResellersPanel', for example, you can have a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and charge-free invoicing software to charge your clients. You can then offer domain names and shared hosting plans to customers, and since they offer many different domain extensions, you will be able to provide domain name and hosting services to persons from all around the world.