Domain name reseller
The World Wide Web is an ever-increasing system that provides new ways to earn cash on the Web. One of these ways is to be a domain name reseller and offer domains to end customers, gaining profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered each day, and there are millions of presently functioning domain names, so this is a blossoming trading niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain name is composed of two constituents - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic TLDs include the most widely used domain extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains comprise 2-character abbreviations that denote each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code one, has a Registry - an institution that deals with the registrations and sets the requirements that each particular Top-Level Domain may impose, like the duration of the registration term or the residency of the registrant. Certain Registrar companies operate under the Registry. These are the companies that in fact sell the domain name to customers and manage all DNS resource records.
Earn Money From Selling Domain Names
Many Registrars have reseller programs that allow people to gain profit from selling domain names to end users. If you sign up for such a program, you can commence your very own e-business. Normally, a domain will cost less if it is registered via a reseller rather than if it is bought straight from the Registrar by an end client. The cause is that resellers can reach more individuals in provinces or countries where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both parties will capitalize on 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 Top-Level Domain Names On Behalf Of Your Very Own Trademark Name
When you sign up for a domain name reseller program, you will receive a Control Panel where you can choose the prices for the various Top-Level Domains that the Registrar offers. Most firms also offer invoice transaction software and web page layouts for your web store, and the automation of the entire process together with the increasing demand for domain names render the domain reseller business niche so attractive. You will either receive a ready-to-use web site and use the Registrar platform to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can build your own online portal and order form. Generally, you have the option to select between the 2 possibilities, so it all depends on how accomplished you are in these affairs. As a domain reseller, you will work under your personal trademark name and not on behalf of the Registrar's brand.
Earn Money From Supplying Hosting Services Too
A proper addition to your domain name reseller business would be to sell web hosting accounts too. Thus, you can give a package deal to users who wish to establish their online portal and need both a domain and a web space hosting account. Particular companies have such options. With 'ResellersPanel', for instance, you can manage a VPS or a dedicated server, and they will also offer you a domain name reseller account and free billing software to charge your customers. You can then sell TLDs and shared hosting packages to customers, and since they provide many different domain name extensions, you will be able to provide domain and hosting services to persons from all over the globe.