Domain name reseller
The World Wide Web is an ever-growing platform that delivers new options to gain money online. One of these options is to become a domain reseller and offer domain names to end clients, making profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered each and every day, and there are millions of currently active domains, so this is an enlarging marketing niche that you can become a part of.
TLDs and SLDs
A domain name comprises two pieces - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic TLDs include the most widespread domain name extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs are composed of 2-letter abbreviations that denote each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code TLD, has a Registry - an institution that manages the registrations and determines the requirements that each specific Top-Level Domain may have, among them the length of the registration period or the residency of the registrant. A number of Registrar companies work under the Registry. These are the firms that actually offer the domain name to customers and administer all DNS records.
Gain Revenue From Trading Domains
Many Registrars have reseller programs that permit individuals to gain money from offering domains to end clients. If you sign up for such a program, you can launch your very own e-business. Generally, a domain name will cost less if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end user. The cause is that resellers can contact more persons in local communities or countries where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both parties will earn a profit 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 name registration.
Resell Domain Names Under Your Own Personal Trademark Name
When you register with a domain name reseller program, you will get a hosting CP where you can fix the prices for the specific Top-Level Domains that the Registrar provides. Most companies also provide billing management software and web site templates for your web storefront, and the automation of the whole process coupled with the vast demand for domain names make the domain reseller market so alluring. You will either receive a pre-developed web site and make use of the Registrar system to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can create your own site and form for placing orders. Usually, you have the option to decide between the two possibilities, so it all depends on how expert you are in these affairs. As a domain name reseller, you will sell under your own brand name and not on behalf of the Registrar's brand.
Earn Cash From Promoting Web Space Hosting Accounts As Well
A nice addition to your domain reseller business would be to sell web hosting solutions as well. Thus, you can offer a package deal to individuals who desire to make their website and require both a domain name and a hosting package. Given companies provide such options. With 'ResellersPanel', for instance, you can buy a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and free billing management software to bill your customers. You can then sell Top-Level Domains and shared website hosting plans to customers, and since they offer plenty of diverse domain extensions, you will be able to offer domain and hosting services to clients from all around the globe.