Domain name reseller
The World Wide Web is an ever-increasing network that offers new ways to make money online. One of these ways is to be a domain name reseller and offer domains to end users, earning revenue from the difference between the wholesale and the retail price of each domain name. 1000's 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 trading niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain is made of 2 constituents - a top-level domain name (TLD) and a second-level domain name (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 TLDs can be generic or country code. The generic TLDs include the most widely used domain name extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs consist of 2-letter abbreviations that represent each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code TLD, has a Registry - an organization that tackles the registrations and determines the preconditions that each particular top-level domain name may involve, including the duration of the registration term or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the companies that in fact offer the domain name to clients and handle all DNS resource records.
Earn Cash From Offering Domains
Multiple Registrars have reseller programs that allow people to gain profit from offering domains to end customers. If you register with such a program, you can kickstart your very own Internet business. Regularly, a domain will be cheaper if it is registered via a reseller rather than if it is bought straight from the Registrar by an end user. The cause is that resellers can contact more individuals in regional districts or countries where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both parties will cash in on that. Your profit will be the difference between the price that the user pays and the one that the Registrar requires for the domain registration.
Trade Domain Names Under Your Very Own Personal Brand
When you sign up for a domain name reseller program, you will receive a web hosting Control Panel where you can settle the prices for the individual top-level domain names that the Registrar provides. Most companies also offer invoicing transaction software and templates for your virtual storefront, and the automation of the whole procedure coupled with the expanding demand for domains render the domain reseller business so seductive. You will either have a ready-for-use website and use the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can build your own personal web portal and order form. Traditionally, you have the opportunity to select between the 2 alternatives, so it all depends on how proficient you are in these matters. As a domain reseller, you will do business on behalf of your own trademark name and not on behalf of the Registrar's.
Gain Money From Providing Hosting Packages Too
An adequate addition to your domain name reseller business would be to sell web hosting services too. In this way, you can give a package deal to users who would like to launch their web page and demand both a domain and a web hosting package. Particular companies have such options. With 'ResellersPanel', for instance, you can purchase a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and cost-free billing management software to bill your clients. You can then sell TLDs and shared hosting accounts to clients, and since they offer many different domain name extensions, you will be able to offer domain and hosting services to persons from all over the world.