Domain name reseller
The Internet is an ever-growing platform that supplies new possibilities to gain money on the Web. One of these ways is to be a domain name reseller and offer domain names to end customers, generating revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered each and every day, and there are 1 000 000's of currently functioning domains, so this is a thriving business niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain name consists of 2 components - a top-level domain name (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 Second-Level Domain.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The gTLDs comprise the best known domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names consist of 2-letter abbreviations that signify each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a country-code one, has a Registry - an organization that tackles the registrations and determines the prerequisites that each concrete top-level domain name may include, including the duration of the registration term or the residency of the registrant. A number of Registrar corporations work under the Registry. These are the firms that in fact offer the domain name to customers and handle all domain records.
Make Profit From Trading Domains
Many Registrars have reseller programs that permit people to gain money from offering domain names to end customers. If you sign up for such a program, you can initiate your own personal e-business. Typically, 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 customer. The explanation is that resellers can reach more users in provinces or states where the Registrar may not be famous at all. This means more sales for the Registrar, so both sides will take advantage of that. Your revenue will be the difference between the price that the user pays and the one that the Registrar charges for the domain name registration.
Trade TLDs On Behalf Of Your Very Own Trademark Name
When you register with a domain name reseller program, you will receive a web space hosting Control Panel where you can select the prices for the separate top-level domain names that the Registrar provides. Most companies also provide invoicing software and web site templates for your virtual storefront, and the automation of the whole process coupled with the vast demand for domain names make the domain reseller industry so desirable. You will either get a turn-key website and utilize the Registrar platform to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can build your own online portal and form for placing orders. Commonly, you have the opportunity to choose between the two options, so it all depends on how skilled you are in these things. As a domain name reseller, you will sell on behalf of your own personal brand name and not under the Registrar's brand.
Make Cash From Trading Web Page Hosting Packages As Well
A nice addition to your domain reseller business would be to sell web hosting accounts too. In this way, you can give a package deal to individuals who wish to launch their site and need both a domain name and a site hosting plan. Some firms supply such options. With 'ResellersPanel', for example, you can purchase a VPS or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge billing transaction software to charge your clients. You can then sell TLDs and shared website hosting packages to clients, and since they provide many diverse domain extensions, you will be able to provide domain and hosting services to clients from all over the globe.