Domain name reseller
The Internet is an ever-growing community that furnishes new opportunities to gain cash on the Internet. One of these possibilities is to become a domain name reseller and sell 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 1 000 000's of currently functioning domains, so this is a thriving trading niche that you can be involved in.
Top-Level and Second-Level Domains
A domain name is made of 2 entities - a top-level domain name (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 SLD.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The gTLDs comprise the most common domain extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs contain two-character abbreviations that signify each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code top-level domain name, has a Registry - an institution that administers the registrations and determines the prerequisites that each particular top-level domain name may involve, including the length of the registration term or the residency of the registrant. A number of Registrar corporations work under the Registry. These are the companies that in fact offer the domain name to customers and handle all domain resource records.
Earn Profit From Trading Domains
Numerous Registrars have reseller programs that permit people to gain profit from selling domains to end users. If you subscribe to such a program, you can commence your very own personal online business. Regularly, a domain will be cheaper if it is registered through a reseller rather than if it is bought straight from the Registrar by an end client. The cause is that resellers can contact more persons in provinces or countries where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both parties will earn a profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar imposes for the domain registration.
Offer Domain Names Under Your Very Own Brand
When you sign up for a domain reseller program, you will acquire a hosting Control Panel where you can choose the prices for the various top-level domain names that the Registrar provides. Most corporations also provide billing software and web site themes for your online storefront, and the automation of the entire procedure combined with the significant demand for domain names render the domain name reseller business niche so tempting. You will either receive a turn-key web site and make use of the Registrar system to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can set up your own personal web page and form for placing orders. Typically, you have the opportunity to pick between the two alternatives, so it all revolves around how skillful you are in these issues. As a domain reseller, you will sell on behalf of your own brand name and not on behalf of the Registrar's brand.
Gain Revenue From Supplying Web Site Hosting Solutions Too
A proper supplement to your domain name reseller business would be to sell web hosting solutions as well. In this way, you can offer a package deal to individuals who desire to manage their website and require both a domain and a site hosting package. Given firms have such options. With 'ResellersPanel', for instance, you can purchase a VPS or a dedicated server, and they will also give you a domain reseller account and charge-free invoicing software to charge your customers. You can then sell TLDs and shared hosting packages to clients, and since they provide a lot of diverse domain extensions, you will be able to provide domain and hosting services to persons from all around the globe.