Domain name reseller
The Internet is an ever-increasing platform that generates new possibilities to make cash on the Web. One of them is to become a domain reseller and offer domain names to end customers, making 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 currently active domains, so this is a blossoming trading niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain involves 2 pieces - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic Top-Level Domains comprise the most famous domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains include two-letter abbreviations that symbolize each country. Instances 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 ccTLD, has a Registry - an organization that tackles the registrations and sets the preconditions that each concrete Top-Level Domain may impose, among them the duration of the registration period or the residency of the registrant. Certain Registrar companies work under the Registry. These are the firms that actually offer the domain name to clients and manage all domain name records.
Make Revenue From Trading Domains
Multiple Registrars have reseller programs that permit people to make money from offering domain names to end users. If you subscribe to such a program, you can kick off your own personal e-business. Usually, a domain will be more inexpensive if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end customer. The cause is that resellers can contact more persons in regions or states where the Registrar may not be popular at all. This means more sales for the Registrar, so both parties will benefit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar requires for the domain name registration.
Resell Top-Level Domain Names On Behalf Of Your Own Personal Brand
When you register with a domain reseller program, you will get a hosting Control Panel where you can select the prices for the various TLDs that the Registrar offers. Most corporations also provide billing management software and web page layouts for your virtual shop, and the automation of the whole procedure combined with the flourishing demand for domains make the domain name reseller market so attractive. You will either obtain a pre-developed site and use the Registrar platform to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can set up your own web portal and form for placing orders. Typically, you have the opportunity to decide between the 2 possibilities, so it all depends on how accomplished you are in these issues. As a domain reseller, you will operate under your very own personal trademark name and not on behalf of the Registrar's brand.
Earn Money From Reselling Website Hosting Packages Too
A relevant 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 customers who want to make their website and demand both a domain name and a webspace hosting plan. A number of companies provide such options. With 'ResellersPanel', for instance, you can buy a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and cost-free invoicing transaction software to charge your clients. You can then offer domains and shared website hosting accounts to clients, and since they offer a lot of diverse domain extensions, you will be able to provide domain and hosting services to individuals from all over the globe.