Domain name reseller
The World Wide Web is an ever-increasing system that delivers new options to gain money online. One of these ways is to become a domain reseller and offer domains to end clients, making profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered every day, and there are millions of currently functioning domain names, so this is a flourishing trading niche that you can be engaged in.
TLDs and SLDs
A domain name contains 2 pieces - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic top-level domain names include the most popular domain extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs contain two-letter abbreviations that represent each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a ccTLD, has a Registry - an organization that tackles the registrations and sets the requirements that each specific top-level domain name may include, among them the duration of the registration period or the residency of the registrant. Certain Registrar firms operate under the Registry. These are the firms that in fact offer the domain name to clients and manage all domain name records.
Earn Profit From Selling Domains
Numerous Registrars have reseller programs that allow people to make money from selling domains to end users. If you register with such a program, you can launch your own electronic business. As a rule, a domain name will cost less if it is registered through a reseller rather than if it is bought straight from the Registrar by an end client. The explanation is that resellers can reach more people in local regions or countries where the Registrar may not be known whatsoever. 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 levies for the domain name registration.
Resell TLDs On Behalf Of Your Own Personal Trademark Name
When you subscribe to a domain name reseller program, you will have a web site hosting Control Panel where you can choose the prices for the individual Top-Level Domains that the Registrar provides. Most firms also provide invoicing software and site skins for your web store, and the automation of the entire process together with the considerable demand for domains render the domain name reseller industry so attractive. You will either get a pre-made web site and use the Registrar system to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can create your very own portal and form for placing orders. Typically, you have the opportunity to choose between the 2 options, so it all revolves around how proficient you are in these affairs. As a domain name reseller, you will work on behalf of your very own brand and not on behalf of the Registrar's brand.
Gain Profit From Supplying Web Page Hosting Plans As Well
A sensible supplement to your domain name reseller business would be to sell web hosting solutions as well. In this way, you can offer a package deal to persons who desire to launch their web site and require both a domain and a site hosting package. Given companies have such options. With 'ResellersPanel', for example, you can order a VPS or a dedicated server, and they will also offer you a domain reseller account and cost-free billing management software to bill your customers. You can then sell Top-Level Domains and shared web hosting plans to customers, and since they provide lots of diverse domain extensions, you will be able to provide domain name and hosting services to individuals from all over the globe.