Domain name reseller
The World Wide Web is an ever-increasing system that provides new opportunities to gain cash online. One of these ways is to become a domain name reseller and offer domain names to end customers, making profit from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered each day, and there are 1 000 000's of currently functioning domains, so this is a developing trading niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain comprises two pieces - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic TLDs comprise the most common domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names are composed of 2-character abbreviations that denote each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a ccTLD, has a Registry - an organization that manages the registrations and determines the prerequisites that each given Top-Level Domain may include, like the duration of the registration term or the citizenship of the registrant. Certain Registrar firms operate under the Registry. These are the firms that in fact sell the domain name to clients and administer all domain records.
Make Money From Selling Domain Names
Many Registrars have reseller programs that allow individuals to gain revenue from selling domains to end users. If you subscribe to such a program, you can begin your own web business. Commonly, a domain name will be cheaper if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end client. The reason is that resellers can reach more users in regional communities or states where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both parties will benefit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar requires for the domain registration.
Resell Top-Level Domains Under Your Very Own Personal Brand Name
When you subscribe to a domain reseller program, you will receive a web hosting Control Panel where you can choose the prices for the individual TLDs that the Registrar provides. Most companies also provide invoicing transaction software and web layouts for your online storefront, and the automation of the entire procedure combined with the considerable demand for domains make the domain name reseller market so tempting. You will either receive a turn-key web site and make use of the Registrar system to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can make your own online portal and order form. Generally, you have the opportunity to choose between the 2 alternatives, so it all depends on how proficient you are in these issues. As a domain reseller, you will sell under your very own personal trademark name and not under the Registrar's brand.
Make Money From Selling Hosting Services Too
A perfect supplement to your domain name reseller business would be to sell web hosting packages as well. Thus, you can give a package deal to clients who want to build their web page and need both a domain name and a hosting plan. A few companies supply such options. With 'ResellersPanel', for instance, you can buy a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and free-of-charge invoicing software to charge your clients. You can then offer TLDs and shared web hosting plans to customers, and since they offer plenty of different domain name extensions, you will be able to offer domain name and hosting services to persons from all around the world.