Domain name reseller
The World Wide Web is an ever-growing system that furnishes new possibilities to make cash on the Internet. One of them is to become a domain reseller and offer domains to end users, earning profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered every day, and there are 1 000 000's of presently active domain names, so this is a flourishing trading niche that you can become a part of.
Top-Level and Second-Level Domains
A domain name consists of two parts - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the TLD 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 conventional domain extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names are composed of 2-letter abbreviations that represent each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a country-code top-level domain name, has a Registry - an institution that manages the registrations and sets the prerequisites that each particular top-level domain name may entail, like the duration of the registration term or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the companies that in fact offer the domain name to clients and handle all domain name resource records.
Make Profit From Selling Domains
Multiple Registrars have reseller programs that enable individuals to earn profit from selling domains to end clients. If you register with such a program, you can set up your very own personal online business. Typically, a domain will cost less if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end client. The cause is that resellers can reach more customers in areas or states where the Registrar may not be famous at all. This implies more sales for the Registrar, so both sides will capitalize on that. Your profit will be the difference between the price that the user pays and the one that the Registrar imposes for the domain name registration.
Resell Top-Level Domains On Behalf Of Your Personal Brand
When you sign up for a domain name reseller program, you will have a hosting CP where you can set the prices for the specific top-level domain names that the Registrar offers. Most companies also provide billing transaction software and web design themes for your web storefront, and the automation of the entire procedure together with the rising demand for domains render the domain reseller market so alluring. You will either get a pre-built website and use the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can build your own site and order form. Normally, you have the opportunity to choose between the 2 options, so it all depends on how expert you are in these affairs. As a domain name reseller, you will operate on behalf of your personal brand and not under the Registrar's.
Make Money From Supplying Web Hosting Accounts Too
A good addition to your domain reseller business would be to sell web hosting packages too. Thereby, you can give a package deal to persons who wish to launch their web page and demand both a domain and a hosting plan. Given corporations provide such options. With 'ResellersPanel', for example, you can purchase a VPS or a dedicated server, and they will also give you a domain name reseller account and cost-free invoice transaction software to charge your clients. You can then sell domain names and shared web hosting plans to clients, and since they provide plenty of different domain name extensions, you will be able to offer domain name and hosting services to users from all around the globe.