Domain name reseller
The World Wide Web is an ever-expanding community that supplies new possibilities to gain money on the Internet. One of these ways is to become a domain name reseller and sell domains to end clients, gaining profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered every day, and there are millions of presently functioning domains, so this is an increasing trading niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain name is composed of two constituents - 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 and "domain" is the second-level domain name.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic Top-Level Domains comprise the best known domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs contain 2-character abbreviations that signify each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a country-code TLD, has a Registry - an organization that tackles the registrations and determines the preconditions that each concrete TLD may include, such as the length of the registration period or the residency of the registrant. Certain Registrar companies operate under the Registry. These are the corporations that actually offer the domain name to clients and administer all domain name records.
Gain Cash From Selling Domain Names
Multiple Registrars have reseller programs that allow people to make cash from offering domain names to end customers. If you register with such a program, you can set up your very own online business. Usually, a domain will cost less if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end customer. The explanation is that resellers can reach more clients in regional communities or states where the Registrar may not be known at all. This means more sales for the Registrar, so both sides will cash in on that. Your profit will be the difference between the price that the user pays and the one that the Registrar imposes for the domain registration.
Trade Top-Level Domain Names On Behalf Of Your Personal Trademark Name
When you sign up for a domain reseller program, you will have a web site hosting Control Panel where you can determine the prices for the separate Top-Level Domains that the Registrar offers. Most companies also offer billing transaction software and site themes for your online shop, and the automation of the whole process combined with the flourishing demand for domain names make the domain name reseller industry so alluring. You will either get a ready-to-use web site and use the Registrar platform to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can create your own site and form for placing orders. Typically, you have the option to choose between the 2 possibilities, so it all revolves around how trained you are in these things. As a domain reseller, you will operate under your personal brand name and not under the Registrar's brand.
Earn Profit From Supplying Web Page Hosting Accounts Too
A good supplement to your domain name reseller business would be to sell web hosting packages too. Thereby, you can offer a package deal to clients who want to build their site and require both a domain and a web page hosting package. Some companies have such options. With 'ResellersPanel', for example, you can purchase a VPS or a dedicated server, and they will also give you a domain reseller account and cost-free billing software to bill your clients. You can then offer domain names and shared hosting packages to customers, and since they offer a lot of different domain name extensions, you will be able to offer domain name and hosting services to individuals from all over the world.