Domain name reseller
The Internet is an ever-increasing network that supplies new possibilities to make money on the Internet. One of these possibilities is to be a domain name reseller and offer domain names to end clients, gaining revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered each and every day, and there are millions of currently active domain names, so this is a blossoming trading niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain is composed of 2 components - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The gTLDs comprise the best known domain name extensions like .com, .net, .org, .mobi, .info, while the ccTLDs consist of 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 gTLD or a country-code one, has a Registry - an institution that tackles the registrations and sets the prerequisites that each given TLD may impose, such as the duration of the registration term or the residency of the registrant. Certain Registrar corporations work under the Registry. These are the companies that actually offer the domain name to customers and handle all domain resource records.
Earn Cash From Reselling Domains
Numerous Registrars have reseller programs that enable individuals to gain revenue from selling domain names to end users. If you sign up for such a program, you can begin your very own personal Internet business. As a rule, a domain will be more inexpensive if it is registered through a reseller rather than if it is bought straight from the Registrar by an end client. The reason is that resellers can reach more users in local regions or countries where the Registrar may not be known at all. This implies more sales for the Registrar, so both sides will benefit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar requires for the domain registration.
Resell Domain Names Under Your Own Trademark Name
When you sign up for a domain reseller program, you will obtain a CP where you can set the prices for the various top-level domain names that the Registrar offers. Most corporations also provide billing software and web page templates for your online shop, and the automation of the entire process coupled with the high demand for domain names render the domain reseller market niche so desirable. You will either receive a turn-key site and utilize the Registrar system to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can set up your very own web portal and form for placing orders. Normally, you have the opportunity to decide between the two options, so it all revolves around how expert you are in these matters. As a domain name reseller, you will operate under your personal brand and not on behalf of the Registrar's.
Earn Profit From Offering Web Hosting Plans As Well
A proper addition to your domain name reseller business would be to sell web hosting plans too. In this way, you can give a package deal to clients who want to develop their web site and demand both a domain and a web space hosting account. Some firms offer 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 reseller account and free billing transaction software to charge your clients. You can then sell Top-Level Domains and shared website hosting accounts to clients, and since they offer plenty of different domain name extensions, you will be able to provide domain name and hosting services to individuals from all around the world.