Domain name reseller
The World Wide Web is an ever-enlarging network that generates new options to gain money online. One of these possibilities is to become a domain reseller and offer domain names to end users, earning profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domains are registered each day, and there are millions of presently functioning domains, so this is a flowering trading niche that you can be a part of.
Top-Level and Second-Level Domains
A domain contains 2 constituents - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic TLDs include the most famous domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains contain two-letter abbreviations that signify each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a country-code TLD, has a Registry - an organization that administers 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 corporations operate under the Registry. These are the corporations that in fact offer the domain name to customers and handle all domain records.
Earn Money From Trading Domain Names
Many Registrars have reseller programs that enable people to make profit from selling domain names to end clients. If you subscribe to such a program, you can initiate your own e-business. Typically, a domain name will be more inexpensive if it is registered through a reseller rather than if it is bought directly from the Registrar by an end user. The cause is that resellers can contact more persons in provinces or states where the Registrar may not be known 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 imposes for the domain registration.
Trade TLDs Under Your Own Personal Trademark Name
When you subscribe to a domain reseller program, you will receive a website hosting Control Panel where you can settle the prices for the various TLDs that the Registrar provides. Most companies also provide billing transaction software and website skins for your virtual store, and the automation of the whole procedure combined with the proliferating demand for domain names render the domain name reseller business so alluring. You will either obtain a ready-for-use website and make use of the Registrar platform to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can set up your very own personal site and order form. Traditionally, you have the option to decide between the 2 options, so it all depends on how experienced you are in these affairs. As a domain reseller, you will operate on behalf of your own brand name and not under the Registrar's.
Earn Profit From Supplying Web Hosting Services Too
A relevant addition to your domain name reseller business would be to sell web hosting packages as well. In this way, you can offer a package deal to individuals who desire to run their web site and demand both a domain and a website hosting plan. Particular companies provide such options. With 'ResellersPanel', for example, you can have a VPS or a dedicated server, and they will also give you a domain name reseller account and free-of-charge invoicing software to charge your clients. You can then offer Top-Level Domains and shared website hosting accounts to clients, and since they offer lots of diverse domain extensions, you will be able to provide domain and hosting services to users from all over the world.