Domain name reseller
The World Wide Web is an ever-increasing platform that furnishes new possibilities to gain cash on the Internet. One of these possibilities is to be a domain reseller and offer domains to end users, generating profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered every day, and there are millions of currently functioning domain names, so this is a thriving trading niche that you can be a part of.
TLDs and SLDs
A domain name includes 2 pieces - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic top-level domain names comprise the most popular domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names contain 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 or a country-code TLD, has a Registry - an institution that administers the registrations and sets the preconditions that each concrete Top-Level Domain may impose, like the duration of the registration term or the residency of the registrant. A number of Registrar firms work under the Registry. These are the corporations that in fact sell the domain name to clients and handle all domain name records.
Gain Money From Offering Domain Names
Numerous Registrars have reseller programs that enable people to gain money from selling domains to end users. If you sign up for such a program, you can start your 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 customer. The explanation is that resellers can reach more customers in provinces or states where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both sides will profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar requires for the domain name registration.
Trade TLDs Under Your Own Trademark Name
When you sign up for a domain name reseller program, you will receive a web site hosting Control Panel where you can select the prices for the specific Top-Level Domains that the Registrar offers. Most corporations also provide invoicing transaction software and site themes for your virtual storefront, and the automation of the entire process coupled with the vast demand for domain names render the domain reseller market so desirable. You will either acquire a pre-built website and make use of the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can build your own web page and form for placing orders. Typically, you have the opportunity to choose between the two options, so it all depends on how advanced you are in these issues. As a domain reseller, you will do business on behalf of your own personal brand and not on behalf of the Registrar's.
Earn Cash From Providing Webspace Hosting Accounts Too
A sensible addition to your domain reseller business would be to sell web hosting accounts as well. Thereby, you can give a package deal to persons who wish to have their web site and require both a domain name and a webspace hosting package. Given corporations provide such options. With 'ResellersPanel', for example, you can purchase a Virtual Server or a dedicated server, and they will also give you a domain reseller account and free-of-charge invoice software to bill your clients. You can then sell TLDs and shared hosting accounts to clients, and since they offer plenty of diverse domain name extensions, you will be able to provide domain and hosting services to people from all around the world.