Domain name reseller
The World Wide Web is an ever-developing platform that supplies new possibilities to earn money online. One of these options is to be a domain name reseller and offer domain names to end users, generating revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered each and every day, and there are 1 000 000's of currently functioning domains, so this is a thriving trading niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain name comprises two parts - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the second-level domain name.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic top-level domain names include the most widely used domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains include two-letter abbreviations that correspond to each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a country-code TLD, has a Registry - an organization that deals with the registrations and sets the prerequisites that each concrete top-level domain name may contain, including the length of the registration term or the residency of the registrant. A number of Registrar companies operate under the Registry. These are the companies that actually offer the domain name to clients and manage all DNS resource records.
Make Profit From Trading Domains
Numerous Registrars have reseller programs that permit people to earn profit from selling domains to end users. If you register with such a program, you can start your very own online business. Commonly, a domain name will be more inexpensive if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end user. The reason is that resellers can reach more individuals in regional communities or states where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides will benefit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain name registration.
Sell Domain Names On Behalf Of Your Very Own Personal Brand
When you subscribe to a domain name reseller program, you will acquire a website hosting Control Panel where you can settle the prices for the different top-level domain names that the Registrar provides. Most companies also provide invoice transaction software and web skins for your online shop, and the automation of the entire process together with the big demand for domains render the domain reseller market so alluring. You will either obtain a turn-key site and avail of the Registrar system to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can set up your very own personal web portal and order form. Normally, you have the opportunity to choose between the two alternatives, so it all depends on how practiced you are in these issues. As a domain name reseller, you will do business on behalf of your very own personal brand and not under the Registrar's.
Gain Profit From Trading Web Hosting Accounts As Well
A good supplement to your domain name reseller business would be to sell web hosting solutions too. Thereby, you can offer a package deal to people who would like to have their site and require both a domain name and a web hosting plan. Particular firms have such options. With 'ResellersPanel', for example, you can have a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and cost-free invoicing software to charge your clients. You can then sell top-level domain names and shared hosting accounts to customers, and since they offer many diverse domain extensions, you will be able to offer domain name and hosting services to people from all over the globe.