Domain reseller
The World Wide Web is an ever-enlarging community that delivers new opportunities to gain cash online. One of them is to become a domain reseller and sell domains to end clients, making profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered each and every day, and there are 1 000 000's of currently active domain names, so this is a growing trading niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain name is composed of 2 pieces - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The gTLDs comprise the most popular domain extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains comprise 2-letter abbreviations that represent each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic Top-Level Domain or a country-code Top-Level Domain, has a Registry - an institution that manages the registrations and sets the preconditions that each given top-level domain name may include, such as the length of the registration period or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the corporations that actually sell the domain name to clients and administer all DNS records.
Earn Revenue From Selling Domain Names
Lots of Registrars have reseller programs that permit people to gain profit from selling domains to end users. If you register with such a program, you can kick off your own personal web business. Regularly, a domain name will be more inexpensive if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end user. The cause is that resellers can contact more clients in local communities or countries where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both parties will earn a profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar requires for the domain registration.
Offer Domains On Behalf Of Your Own Personal Brand Name
When you register with a domain name reseller program, you will have a website hosting CP where you can select the prices for the different Top-Level Domains that the Registrar provides. Most firms also provide invoice software and web site layouts for your virtual shop, and the automation of the whole procedure together with the increasing demand for domains make the domain name reseller market niche so alluring. You will either receive a ready-made web site and make use of the Registrar platform to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can make your very own online portal and form for placing orders. Commonly, you have the option to decide between the 2 options, so it all depends on how accomplished you are in these matters. As a domain name reseller, you will work on behalf of your own personal brand name and not on behalf of the Registrar's brand.
Gain Profit From Selling Hosting Solutions Too
A suitable addition to your domain reseller business would be to sell web hosting services as well. Thus, you can offer a package deal to individuals who wish to create their web page and require both a domain and a site hosting package. A number of firms have such options. With 'ResellersPanel', for instance, you can run a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and free invoice management software to charge your clients. You can then offer domain names and shared web hosting packages to clients, and since they offer a lot of different domain extensions, you will be able to offer domain name and hosting services to individuals from all around the globe.