Domain reseller
The World Wide Web is an ever-enlarging system that supplies new possibilities to gain cash on the Web. One of these possibilities is to be a domain name reseller and offer domains to end customers, generating profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered every day, and there are 1 000 000's of currently functioning domain names, so this is a developing business niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain name involves 2 entities - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic Top-Level Domains comprise the most widespread domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains include 2-letter abbreviations that represent each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a country-code top-level domain name, has a Registry - an institution that is responsible for the registrations and sets the requirements that each given top-level domain name may involve, such as the length of the registration term or the citizenship of the registrant. Certain Registrar firms work under the Registry. These are the companies that in fact offer the domain name to customers and administer all DNS resource records.
Gain Revenue From Selling Domains
Numerous Registrars have reseller programs that enable people to earn money from selling domains to end clients. If you register with such a program, you can initiate your very own personal online business. As a rule, a domain will be more inexpensive if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end client. The cause is that resellers can reach more people in local communities or countries where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both parties will capitalize on 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.
Trade Domain Names On Behalf Of Your Personal Brand
When you register with a domain name reseller program, you will acquire a hosting CP where you can settle the prices for the separate TLDs that the Registrar provides. Most companies also provide billing transaction software and site themes for your virtual storefront, and the automation of the whole procedure together with the significant demand for domains render the domain name reseller market so seductive. You will either get a pre-built website and make use of the Registrar platform to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can build your very own personal web page and order form. Normally, you have the option to decide between the two options, so it all depends on how skillful you are in these matters. As a domain name reseller, you will do business on behalf of your personal brand name and not under the Registrar's brand.
Make Cash From Reselling Site Hosting Solutions Too
A reasonable supplement to your domain name reseller business would be to sell web hosting services too. Thereby, you can offer a package deal to people who want to make their website and require both a domain and a hosting package. Some companies supply 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-of-cost invoice management software to bill your customers. You can then sell domains and shared hosting packages to customers, and since they provide lots of diverse domain extensions, you will be able to offer domain name and hosting services to people from all over the globe.