Domain name reseller
The Internet is an ever-growing platform that provides new options to gain cash on the Web. One of these options is to be a domain reseller and sell domain names to end customers, making profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered each and every day, and there are 1 000 000's of currently functioning domains, so this is an increasing business niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain is made of two pieces - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The gTLDs comprise the most conventional domain extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains involve 2-character abbreviations that signify each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a ccTLD, has a Registry - an institution that tackles the registrations and determines the prerequisites that each particular Top-Level Domain may include, like the length of the registration term or the residency of the registrant. A number of Registrar companies work under the Registry. These are the companies that actually sell the domain name to customers and handle all domain resource records.
Make Profit From Offering Domain Names
A lot of Registrars have reseller programs that permit people to gain cash from selling domains to end users. If you subscribe to such a program, you can build your very own personal electronic business. Typically, a domain name will be cheaper if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end customer. The cause is that resellers can reach more customers in regions or countries where the Registrar may not be known at all. This means more sales for the Registrar, so both sides will earn a profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar charges for the domain registration.
Resell Domain Names Under Your Very Own Personal Brand Name
When you subscribe to a domain name reseller program, you will receive a web site hosting CP where you can fix the prices for the various Top-Level Domains that the Registrar provides. Most companies also offer billing transaction software and templates for your virtual shop, and the automation of the entire process combined with the increasing demand for domains render the domain name reseller market so alluring. You will either receive a pre-developed web site and use the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can set up your own personal website and form for placing orders. Normally, you have the option to decide between the two alternatives, so it all revolves around how accomplished you are in these things. As a domain name reseller, you will work on behalf of your own trademark name and not on behalf of the Registrar's.
Gain Cash From Supplying Webspace Hosting Plans As Well
A suitable addition to your domain reseller business would be to sell web hosting solutions too. Thereby, you can give a package deal to users who desire to launch their website and demand both a domain name and a website hosting plan. Some companies offer such options. With 'ResellersPanel', for example, you can buy a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and charge-free billing transaction software to bill your customers. You can then sell domain names and shared website hosting plans to customers, and since they provide many different domain extensions, you will be able to offer domain and hosting services to customers from all over the globe.