Domain name reseller
The World Wide Web is an ever-growing network that delivers new opportunities to make cash on the Internet. One of them is to be a domain name reseller and sell domains to end users, generating revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered each day, and there are millions of currently functioning domains, so this is an increasing trading niche that you can be engaged in.
TLDs and SLDs
A domain name contains 2 constituents - a Top-Level Domain (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.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The gTLDs comprise the most widely used domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains are composed of 2-character abbreviations that symbolize each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a ccTLD, has a Registry - an organization that tackles the registrations and determines the requirements that each given TLD may involve, such as the duration of the registration term or the citizenship of the registrant. A number of Registrar corporations operate under the Registry. These are the corporations that actually sell the domain name to clients and handle all domain resource records.
Gain Money From Reselling Domain Names
Lots of Registrars have reseller programs that allow individuals to gain money from offering domain names to end customers. If you register with such a program, you can kickstart your very own electronic business. Usually, a domain will cost less if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end client. The cause is that resellers can contact more clients in local communities or countries where the Registrar may not be famous 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 customer pays and the one that the Registrar levies for the domain name registration.
Trade TLDs On Behalf Of Your Personal Trademark Name
When you subscribe to a domain name reseller program, you will acquire a web space hosting CP where you can set the prices for the individual top-level domain names that the Registrar offers. Most firms also provide invoicing software and site skins for your virtual shop, and the automation of the entire process combined with the considerable demand for domain names render the domain reseller industry so alluring. You will either get a pre-built site and avail of the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can build your own personal online portal and form for placing orders. Normally, you have the opportunity to decide between the two options, so it all depends on how trained you are in these matters. As a domain name reseller, you will sell on behalf of your very own brand and not on behalf of the Registrar's brand.
Make Revenue From Trading Website Hosting Accounts As Well
A nice supplement to your domain name reseller business would be to sell web hosting solutions as well. Thus, you can offer a package deal to customers who desire to make their website and need both a domain name and a web site hosting account. Certain firms supply such options. With 'ResellersPanel', for instance, you can purchase a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and cost-free billing transaction software to charge your clients. You can then sell Top-Level Domains and shared website hosting accounts to customers, and since they offer a lot of diverse domain name extensions, you will be able to provide domain name and hosting services to users from all around the world.