Domain name reseller
The World Wide Web is an ever-flourishing platform that provides new opportunities to gain money on the Web. One of them is to be a domain name reseller and offer domains to end users, making revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered each day, and there are millions of presently functioning domain names, so this is a developing trading niche that you can be a part of.
TLDs and SLDs
A domain involves two pieces - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The TLDs can be generic or country code. The gTLDs include the most widely used domain extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs contain 2-character abbreviations that denote each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code top-level domain name, has a Registry - an organization that is responsible for the registrations and determines the prerequisites that each particular TLD may have, like the length of the registration period or the residency of the registrant. A number of Registrar firms work under the Registry. These are the corporations that actually offer the domain name to clients and administer all domain name resource records.
Make Revenue From Selling Domains
Numerous Registrars have reseller programs that allow individuals to gain revenue from selling domain names to end customers. If you subscribe to such a program, you can initiate your own personal e-business. Commonly, a domain will be more inexpensive if it is registered through a reseller rather than if it is bought straight from the Registrar by an end user. The cause is that resellers can reach more people in local regions or countries where the Registrar may not be famous at all. This means more sales for the Registrar, so both sides will earn a profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain registration.
Resell Top-Level Domain Names Under Your Personal Brand Name
When you register with a domain reseller program, you will acquire a web hosting CP where you can set the prices for the different TLDs that the Registrar offers. Most firms also offer billing transaction software and website skins for your online shop, and the automation of the whole process coupled with the immense demand for domains render the domain name reseller market niche so alluring. You will either receive a ready-made site and avail of the Registrar system to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can set up your own personal online portal and form for placing orders. Normally, you have the option to select between the two options, so it all revolves around how expert you are in these issues. As a domain reseller, you will work on behalf of your very own personal trademark name and not under the Registrar's.
Earn Cash From Supplying Hosting Plans Too
A proper supplement to your domain reseller business would be to sell web hosting accounts too. In this way, you can offer a package deal to clients who would like to create their online portal and require both a domain name and a site hosting plan. A few 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-charge invoice transaction software to bill your customers. You can then sell top-level domain names and shared website hosting packages to customers, and since they offer many different domain name extensions, you will be able to offer domain and hosting services to customers from all over the world.