Domain name reseller
The Internet is an ever-growing system that generates new ways to gain cash on the Internet. One of these options is to be a domain reseller and sell domain names to end users, making revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered every day, and there are 1 000 000's of presently active domains, so this is a flowering trading niche that you can become a part of.
Top-Level and Second-Level Domains
A domain includes 2 parts - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The gTLDs include the most conventional domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs are composed of 2-letter abbreviations that signify each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code Top-Level Domain, has a Registry - an institution that deals with the registrations and determines the preconditions that each particular Top-Level Domain may have, among them the length of the registration term or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the firms that actually offer the domain name to clients and manage all DNS records.
Earn Money From Trading Domain Names
Multiple Registrars have reseller programs that permit individuals to gain money from selling domain names to end clients. If you sign up for such a program, you can initiate your own online business. Typically, a domain will cost less if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end client. The reason is that resellers can reach more persons in areas or states where the Registrar may not be famous at all. This means more sales for the Registrar, so both sides will benefit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar charges for the domain name registration.
Trade Domain Names Under Your Very Own Brand Name
When you subscribe to a domain name reseller program, you will have a web page hosting Control Panel where you can select the prices for the individual TLDs that the Registrar offers. Most firms also offer billing software and site themes for your online storefront, and the automation of the whole process together with the rising demand for domain names render the domain reseller market niche so tempting. You will either obtain a ready-made web site and make use of the Registrar system to resell domains, or they will give you access to their API (Application Programming Interface) so that you can build your own online portal and form for placing orders. Typically, you have the opportunity to decide between the 2 possibilities, so it all depends on how advanced you are in these matters. As a domain name reseller, you will do business under your very own brand and not on behalf of the Registrar's.
Gain Profit From Supplying Site Hosting Services As Well
A suitable supplement to your domain name reseller business would be to sell web hosting accounts as well. Thus, you can give a package deal to clients who want to manage their online portal and require both a domain name and a web page hosting account. Some companies have such options. With 'ResellersPanel', for example, you can have a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and free-of-cost billing software to charge your clients. You can then offer domain names and shared hosting accounts to clients, and since they offer a lot of diverse domain name extensions, you will be able to provide domain and hosting services to people from all over the world.