Domain name reseller
The World Wide Web is an ever-developing network that offers new options to make money on the Web. One of these ways is to become a domain reseller and sell domain names to end users, earning revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered each and every day, and there are 1 000 000's of currently active domain names, so this is an enlarging business niche that you can be engaged in.
TLDs and SLDs
A domain name consists of 2 pieces - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic TLDs include the most widespread domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains contain 2-character abbreviations that correspond to each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code top-level domain name, has a Registry - an organization that handles the registrations and sets the requirements that each concrete Top-Level Domain may contain, like the length of the registration term or the residency of the registrant. Certain Registrar companies work under the Registry. These are the companies that actually offer the domain name to customers and handle all domain resource records.
Make Cash From Trading Domains
Plenty of Registrars have reseller programs that allow individuals to gain profit from offering domains to end clients. If you sign up for such a program, you can establish your own personal electronic business. Typically, a domain name will cost less if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end customer. The explanation is that resellers can reach more individuals in regions or states where the Registrar may not be famous at all. This means more sales for the Registrar, so both sides will earn a profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar charges for the domain name registration.
Offer Domain Names Under Your Very Own Personal Brand Name
When you register with a domain reseller program, you will receive a web hosting CP where you can determine the prices for the individual top-level domain names that the Registrar offers. Most companies also offer invoicing software and web page layouts for your online shop, and the automation of the whole procedure together with the big demand for domain names render the domain reseller business so desirable. You will either get a ready-to-use website and use the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your own website and order form. Generally, you have the opportunity to pick between the two options, so it all depends on how practiced you are in these issues. As a domain name reseller, you will work under your own personal trademark name and not on behalf of the Registrar's.
Gain Revenue From Promoting Web Page Hosting Services Too
A perfect supplement to your domain name reseller business would be to sell web hosting services too. In this way, you can offer a package deal to persons who desire to run their website and need both a domain name and a hosting package. Some firms have such options. With 'ResellersPanel', for example, you can order a VPS or a dedicated server, and they will also offer you a domain reseller account and free-of-cost billing transaction software to bill your customers. You can then offer TLDs and shared website hosting packages to clients, and since they provide many diverse domain name extensions, you will be able to provide domain and hosting services to individuals from all over the globe.