Domain name reseller
The World Wide Web is an ever-increasing system that furnishes new possibilities to make money on the Web. One of these opportunities is to be a domain reseller and offer domains to end clients, earning revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered every day, and there are millions of presently functioning domain names, so this is a blossoming business niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain includes two entities - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The gTLDs include the most famous domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs are made of 2-letter abbreviations that denote each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a country-code one, has a Registry - an organization that administers the registrations and sets the preconditions that each concrete TLD may have, including the duration of the registration period or the residency of the registrant. A number of Registrar companies work under the Registry. These are the companies that actually sell the domain name to clients and administer all domain records.
Earn Cash From Trading Domain Names
Plenty of Registrars have reseller programs that permit individuals to earn cash from offering domain names to end users. If you sign up for such a program, you can initiate your very own e-business. Generally, a domain name will be cheaper if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end client. The reason is that resellers can reach more individuals in local districts or countries where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both sides will capitalize on that. Your revenue will be the difference between the price that the client pays and the one that the Registrar imposes for the domain registration.
Trade Top-Level Domains On Behalf Of Your Very Own Personal Brand
When you subscribe to a domain reseller program, you will obtain a webspace hosting Control Panel where you can fix the prices for the individual Top-Level Domains that the Registrar provides. Most companies also offer invoice management software and templates for your virtual store, and the automation of the whole procedure together with the strong demand for domains make the domain name reseller industry so tempting. You will either get a turn-key site and use the Registrar system to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can set up your very own personal site and form for placing orders. Usually, you have the opportunity to select between the 2 options, so it all depends on how skillful you are in these issues. As a domain name reseller, you will do business on behalf of your personal brand and not on behalf of the Registrar's brand.
Gain Profit From Trading Web Site Hosting Services Too
A reasonable supplement to your domain reseller business would be to sell web hosting solutions too. In this way, you can give a package deal to customers who would like to run their website and need both a domain name and a web hosting package. Certain corporations offer such options. With 'ResellersPanel', for instance, you can have a VPS or a dedicated server, and they will also give you a domain name reseller account and free invoicing transaction software to charge your customers. You can then offer domain names and shared web hosting plans to customers, and since they provide many diverse domain name extensions, you will be able to provide domain and hosting services to users from all around the globe.