Domain name reseller
The World Wide Web is an ever-growing community that generates new possibilities to gain money online. One of these possibilities is to be a domain reseller and sell domain names to end customers, earning revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered every day, and there are 1 000 000's of presently active domains, so this is a flowering trading niche that you can be involved in.
TLDs and SLDs
A domain name involves 2 constituents - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic top-level domain names comprise the most popular domain extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs are made of 2-character abbreviations that stand for each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code Top-Level Domain, has a Registry - an institution that deals with the registrations and determines the requirements that each concrete TLD may impose, such as the length of the registration term or the residency of the registrant. Certain Registrar corporations work under the Registry. These are the firms that in fact sell the domain name to customers and administer all domain name records.
Make Money From Trading Domain Names
Lots of Registrars have reseller programs that enable people to earn profit from selling domains to end customers. If you sign up for such a program, you can kickstart your very own e-business. As a rule, a domain will cost less if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end user. The explanation is that resellers can reach more users in areas or states where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both parties will take advantage of that. Your profit will be the difference between the price that the customer pays and the one that the Registrar charges for the domain name registration.
Offer Domains On Behalf Of Your Very Own Personal Trademark Name
When you subscribe to a domain reseller program, you will have a site hosting Control Panel where you can select the prices for the individual Top-Level Domains that the Registrar provides. Most firms also offer billing software and site layouts for your virtual storefront, and the automation of the whole process combined with the increasing demand for domain names make the domain name reseller business niche so alluring. You will either receive a turn-key web site and use the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can make your very own web portal and form for placing orders. Usually, you have the option to pick between the two possibilities, so it all depends on how practiced you are in these issues. As a domain name reseller, you will sell on behalf of your own brand and not on behalf of the Registrar's.
Gain Revenue From Trading Web Hosting Packages Too
A proper addition to your domain reseller business would be to sell web hosting packages as well. Thus, you can offer a package deal to persons who want to build their web portal and require both a domain and a web site hosting account. Given companies furnish such options. With 'ResellersPanel', for instance, you can have a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and free-of-cost invoicing software to bill your clients. You can then sell TLDs and shared website hosting accounts to customers, and since they offer a lot of different domain name extensions, you will be able to offer domain name and hosting services to persons from all around the world.