Domain name reseller
The World Wide Web is an ever-flourishing network that delivers new ways to gain money on the Web. One of them is to be a domain name reseller and offer domain names to end users, making profit from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered each day, and there are millions of presently active domain names, so this is a thriving trading niche that you can be involved in.
Top-Level and Second-Level Domains
A domain name comprises two pieces - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic TLDs comprise the most famous domain extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names comprise 2-letter abbreviations that denote 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 or a country-code one, has a Registry - an organization that tackles the registrations and determines the prerequisites that each given top-level domain name may entail, including the length of the registration period or the citizenship of the registrant. A number of Registrar corporations work under the Registry. These are the companies that in fact sell the domain name to clients and handle all domain records.
Gain Profit From Trading Domains
Numerous Registrars have reseller programs that allow people to earn cash from selling domains to end customers. If you register with such a program, you can kick off your own personal web business. Usually, a domain will cost less if it is registered through a reseller rather than if it is bought directly from the Registrar by an end customer. The explanation is that resellers can reach more users in local districts or states where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both parties will profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar charges for the domain name registration.
Offer Domains Under Your Very Own Trademark Name
When you sign up for a domain reseller program, you will receive a CP where you can determine the prices for the individual top-level domain names that the Registrar provides. Most firms also offer invoice management software and layouts for your online shop, and the automation of the whole process combined with the swelling demand for domain names render the domain name reseller market niche so attractive. You will either get a pre-built web site and utilize the Registrar platform to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can make your own personal site and form for placing orders. Normally, you have the option to decide between the two options, so it all revolves around how trained you are in these affairs. As a domain name reseller, you will operate under your own brand and not under the Registrar's.
Gain Revenue From Offering Web Site Hosting Accounts Too
A reasonable supplement to your domain name reseller business would be to sell web hosting plans as well. In this way, you can offer a package deal to people who wish to establish their web portal and need both a domain name and a web site hosting plan. Certain corporations provide such options. With 'ResellersPanel', for instance, you can manage a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and charge-free billing transaction software to charge your clients. You can then offer Top-Level Domains and shared website hosting accounts to customers, and since they provide a lot of different domain name extensions, you will be able to offer domain and hosting services to customers from all around the world.