Domain name reseller
The World Wide Web is an ever-flourishing community that provides new possibilities to earn money on the Internet. One of them is to be a domain reseller and sell domains to end customers, making profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered each day, and there are 1 000 000's of currently active domain names, so this is an increasing trading niche that you can become a part of.
Top-Level and Second-Level Domains
A domain name comprises two entities - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most common domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs involve 2-letter abbreviations that represent each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a country-code Top-Level Domain, has a Registry - an institution that is responsible for the registrations and sets the requirements that each concrete top-level domain name may have, such as the duration of the registration period or the residency of the registrant. A number of Registrar companies operate under the Registry. These are the corporations that actually sell the domain name to clients and administer all domain name records.
Earn Money From Reselling Domain Names
Many Registrars have reseller programs that permit people to gain money from selling domain names to end clients. If you register with such a program, you can commence your own personal electronic business. Regularly, a domain name will be cheaper if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end user. The cause is that resellers can reach more persons in regional districts or countries where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both sides will take advantage of that. Your profit will be the difference between the price that the user pays and the one that the Registrar imposes for the domain name registration.
Sell Top-Level Domains Under Your Very Own Personal Trademark Name
When you subscribe to a domain reseller program, you will acquire a hosting CP where you can select the prices for the individual TLDs that the Registrar provides. Most companies also offer billing transaction software and web design layouts for your web store, and the automation of the entire procedure together with the huge demand for domain names render the domain name reseller industry so alluring. You will either acquire a pre-made website and use the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can build your own web portal and form for placing orders. Generally, you have the option to choose between the 2 options, so it all depends on how proficient you are in these things. As a domain name reseller, you will sell under your personal brand and not on behalf of the Registrar's.
Gain Cash From Supplying Web Space Hosting Plans Too
A relevant supplement to your domain reseller business would be to sell web hosting accounts as well. In this way, you can offer a package deal to individuals who want to run their site and need both a domain name and a web space hosting plan. A few firms provide 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 reseller account and cost-free billing software to charge your clients. You can then offer TLDs and shared web hosting packages to customers, and since they provide lots of different domain name extensions, you will be able to offer domain name and hosting services to individuals from all around the globe.