Domain name reseller
The World Wide Web is an ever-growing network that provides new options to gain cash online. One of these ways is to be a domain name reseller and offer domain names to end users, generating revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered each day, and there are millions of presently functioning domains, so this is a developing trading niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain name is composed of 2 pieces - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains include the most famous domain extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs include 2-character abbreviations that symbolize each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a country-code top-level domain name, has a Registry - an organization that is responsible for the registrations and determines the prerequisites that each concrete TLD may entail, such as the duration of the registration term or the residency of the registrant. Certain Registrar corporations work under the Registry. These are the corporations that actually sell the domain name to customers and administer all domain name resource records.
Gain Cash From Selling Domains
Numerous Registrars have reseller programs that permit people to gain revenue from selling domain names to end users. If you register with such a program, you can launch your very own web business. As a rule, a domain name will be cheaper if it is registered via a reseller rather than if it is bought directly from the Registrar by an end user. The cause is that resellers can reach more individuals in areas or states where the Registrar may not be popular at all. This implies more sales for the Registrar, so both sides will earn a profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar imposes for the domain registration.
Sell TLDs On Behalf Of Your Own Personal Brand
When you register with a domain reseller program, you will acquire a web site hosting Control Panel where you can determine the prices for the separate Top-Level Domains that the Registrar offers. Most companies also provide invoice transaction software and site skins for your virtual storefront, and the automation of the whole process coupled with the enlarging demand for domain names make the domain name reseller market niche so attractive. You will either obtain a ready-made web site and utilize the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your very own personal site and form for placing orders. Traditionally, you have the option to pick between the two possibilities, so it all revolves around how expert you are in these things. As a domain name reseller, you will operate under your very own personal brand and not on behalf of the Registrar's brand.
Make Profit From Reselling Web Site Hosting Services As Well
A perfect addition to your domain name reseller business would be to sell web hosting services as well. Thereby, you can offer a package deal to individuals who want to create their web site and demand both a domain and a web hosting package. Some firms provide such options. With 'ResellersPanel', for instance, you can buy a Virtual Private 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 customers. You can then offer TLDs and shared website hosting packages to customers, and since they provide many diverse domain name extensions, you will be able to offer domain name and hosting services to people from all around the world.