Domain name reseller
The Internet is an ever-flourishing platform that delivers new opportunities to gain cash on the Internet. One of these possibilities is to be a domain 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. Thousands of domains are registered every day, and there are millions of currently active domain names, so this is a thriving trading niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain involves 2 pieces - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the SLD.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic top-level domain names comprise the most widespread domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs are made of 2-character abbreviations that denote each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a country-code one, has a Registry - an organization that deals with the registrations and determines the preconditions that each specific Top-Level Domain may impose, like the duration of the registration term or the residency of the registrant. A number of Registrar companies work under the Registry. These are the corporations that actually sell the domain name to customers and manage all domain records.
Gain Profit From Selling Domains
Plenty of Registrars have reseller programs that enable individuals to make money from selling domain names to end clients. If you register with such a program, you can commence your very own personal electronic business. Regularly, a domain name will cost less if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end client. The reason is that resellers can contact more users in regional districts or states where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both sides will earn a 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 registration.
Trade Domain Names Under Your Very Own Personal Trademark Name
When you register with a domain reseller program, you will obtain a website hosting Control Panel where you can fix the prices for the specific TLDs that the Registrar offers. Most companies also offer invoicing transaction software and website themes for your online store, and the automation of the entire procedure combined with the swelling demand for domains render the domain name reseller market niche so alluring. You will either acquire a pre-made website and avail of the Registrar platform to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can build your own personal website and order form. Typically, you have the option to decide between the two alternatives, so it all depends on how practiced you are in these things. As a domain reseller, you will work under your own trademark name and not under the Registrar's.
Make Revenue From Providing Web Page Hosting Packages As Well
An adequate supplement to your domain name reseller business would be to sell web hosting packages as well. In this way, you can give a package deal to users who desire to build their site and demand both a domain name and a hosting plan. Given firms offer such options. With 'ResellersPanel', for instance, you can have a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and free-of-cost billing management software to bill your clients. You can then sell top-level domain names and shared website hosting plans to customers, and since they provide a lot of diverse domain name extensions, you will be able to offer domain and hosting services to users from all around the world.