Domain name reseller
The Internet is an ever-increasing network that delivers new ways to gain cash online. One of these opportunities is to be a domain name reseller and offer domain names to end clients, making revenue from the difference between the wholesale and the retail price of each and every domain name. 1000's of domains are registered each and every day, and there are millions of currently functioning domains, so this is an increasing trading niche that you can become involved in.
Top-Level and Second-Level Domains
A domain includes 2 entities - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The gTLDs include the most widespread domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names include two-character abbreviations that denote each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a country-code TLD, has a Registry - an institution that administers the registrations and sets the preconditions that each concrete top-level domain name may include, including the length of the registration period or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the companies that in fact offer the domain name to clients and administer all domain resource records.
Gain Cash From Reselling Domains
Multiple Registrars have reseller programs that allow people to gain money from selling domains to end clients. If you register with such a program, you can launch your own personal electronic business. Commonly, 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 cause is that resellers can reach more clients in regional communities or countries where the Registrar may not be popular at all. This implies more sales for the Registrar, so both sides will cash in on 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.
Sell Domains On Behalf Of Your Personal Brand
When you register with a domain reseller program, you will get a website hosting CP where you can choose the prices for the individual top-level domain names that the Registrar provides. Most corporations also provide invoicing transaction software and web layouts for your online shop, and the automation of the whole procedure together with the growing demand for domain names render the domain reseller industry so tempting. You will either get a pre-made website and utilize the Registrar platform to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your own portal and form for placing orders. Generally, you have the option to pick between the 2 possibilities, so it all revolves around how skillful you are in these affairs. As a domain reseller, you will work under your own personal brand and not on behalf of the Registrar's.
Make Money From Supplying Website Hosting Packages Too
A logical addition to your domain reseller business would be to sell web hosting solutions too. Thus, you can give a package deal to individuals who want to develop their online portal and require both a domain and a site hosting plan. Some firms furnish such options. With 'ResellersPanel', for example, you can buy a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and cost-free invoice transaction software to charge your clients. You can then offer domain names and shared hosting accounts to customers, and since they offer a lot of different domain extensions, you will be able to offer domain name and hosting services to individuals from all over the world.