Domain name reseller
The Internet is an ever-enlarging community that supplies new opportunities to make cash on the Internet. One of these possibilities is to be a domain name reseller and offer domain names to end users, making profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domains are registered every day, and there are millions of currently functioning domains, so this is an increasing trading niche that you can be a part of.
TLDs and SLDs
A domain involves two components - a top-level domain name (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.
gTLDs and ccTLDs
The TLDs can be generic or country code. The gTLDs comprise the most common domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs contain two-character abbreviations that stand for each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a country-code Top-Level Domain, has a Registry - an organization that deals with the registrations and determines the prerequisites that each given top-level domain name may have, 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 in fact sell the domain name to clients and handle all DNS resource records.
Make Money From Trading Domains
Multiple Registrars have reseller programs that permit individuals to gain cash from offering domains to end customers. If you subscribe to such a program, you can establish your own online business. As a rule, a domain will be more inexpensive if it is registered via a reseller rather than if it is bought straight from the Registrar by an end client. The explanation is that resellers can reach more clients in areas or countries where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both parties will profit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar imposes for the domain registration.
Sell TLDs Under Your Own Trademark Name
When you register with a domain name reseller program, you will obtain a website hosting CP where you can fix the prices for the various Top-Level Domains that the Registrar provides. Most companies also provide invoicing transaction software and design templates for your online shop, and the automation of the entire process together with the expanding demand for domains render the domain reseller business niche so desirable. You will either get a pre-made website and utilize the Registrar platform to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can build your very own web portal and order form. Normally, you have the option to pick between the two alternatives, so it all depends on how proficient you are in these matters. As a domain name reseller, you will sell on behalf of your personal trademark name and not on behalf of the Registrar's brand.
Gain Revenue From Trading Web Site Hosting Plans Too
An excellent addition to your domain reseller business would be to sell web hosting accounts as well. In this way, you can offer a package deal to people who wish to launch their web page and demand both a domain name and a site hosting package. Particular firms furnish such options. With 'ResellersPanel', for instance, you can purchase a VPS or a dedicated server, and they will also offer you a domain name reseller account and free billing software to bill your clients. You can then offer top-level domain names and shared hosting packages to customers, and since they provide a lot of diverse domain extensions, you will be able to offer domain name and hosting services to people from all around the world.