Domain name reseller
The World Wide Web is an ever-growing system that delivers new options to gain money on the Web. One of these ways is to become a domain 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 domain names are registered each day, and there are 1 000 000's of currently functioning domain names, so this is an expanding trading niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain includes two pieces - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain 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 Domains include the most common domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs are composed of 2-character abbreviations that stand for each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a country-code top-level domain name, has a Registry - an organization that deals with the registrations and sets the requirements that each given TLD may impose, like the length of the registration period or the citizenship of the registrant. A number of Registrar corporations operate under the Registry. These are the firms that in fact sell the domain name to customers and manage all DNS records.
Make Money From Trading Domains
Lots of Registrars have reseller programs that allow individuals to gain profit from selling domain names to end customers. If you sign up for such a program, you can commence your very own personal electronic business. Normally, a domain name will cost less if it is registered via a reseller rather than if it is bought directly from the Registrar by an end client. The cause is that resellers can reach more individuals in local regions or countries where the Registrar may not be popular at all. This means more sales for the Registrar, so both sides will benefit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar charges for the domain registration.
Trade TLDs On Behalf Of Your Personal Brand Name
When you subscribe to a domain name reseller program, you will receive a web page hosting CP where you can determine the prices for the specific top-level domain names that the Registrar provides. Most companies also provide invoice software and templates for your online storefront, and the automation of the whole procedure together with the swelling demand for domains render the domain name reseller market niche so seductive. You will either get a ready-made website and make use of the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can build your very own web portal and order form. Normally, you have the option to pick between the 2 alternatives, so it all depends on how skilled you are in these matters. As a domain name reseller, you will operate under your own personal trademark name and not on behalf of the Registrar's brand.
Earn Cash From Selling Web Site Hosting Packages Too
A nice addition to your domain reseller business would be to sell web hosting packages too. In this way, you can offer a package deal to individuals who wish to establish their website and demand both a domain name and a website hosting plan. Some companies supply such options. With 'ResellersPanel', for example, you can run a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and free invoice transaction software to charge your clients. You can then offer domain names and shared web hosting accounts to customers, and since they offer lots of diverse domain extensions, you will be able to provide domain name and hosting services to users from all around the globe.