Domain name reseller
The World Wide Web is an ever-increasing network that supplies new opportunities to earn cash on the Web. One of them is to be a domain name reseller and sell domains to end clients, gaining profit from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered each day, and there are 1 000 000's of currently functioning domains, so this is a flourishing trading niche that you can become a part of.
Top-Level and Second-Level Domains
A domain comprises 2 entities - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most widely used domain extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs involve 2-character abbreviations that symbolize each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a country-code Top-Level Domain, has a Registry - an organization that handles the registrations and determines the preconditions that each particular top-level domain name may involve, among them the duration of the registration term or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the corporations that actually sell the domain name to customers and administer all domain name records.
Make Revenue From Offering Domains
Many Registrars have reseller programs that allow people to make revenue from selling domain names to end users. If you sign up for such a program, you can set up your own personal online business. Regularly, a domain will be cheaper if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end user. The reason is that resellers can contact more customers in local districts or states where the Registrar may not be known at all. This implies more sales for the Registrar, so both sides will make a profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar imposes for the domain name registration.
Sell Top-Level Domains On Behalf Of Your Own Trademark Name
When you register with a domain name reseller program, you will get a webspace hosting Control Panel where you can settle the prices for the individual top-level domain names that the Registrar provides. Most firms also provide invoice software and web design skins for your virtual store, and the automation of the entire process coupled with the growing demand for domain names render the domain reseller business so desirable. You will either receive a ready-made web site and make use of the Registrar platform to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can set up your own online portal and order form. Commonly, you have the option to decide between the two alternatives, so it all revolves around how accomplished you are in these matters. As a domain reseller, you will sell on behalf of your very own personal brand and not under the Registrar's.
Gain Money From Promoting Web Page Hosting Accounts As Well
A reasonable supplement to your domain reseller business would be to sell web hosting packages as well. Thereby, you can offer a package deal to people who would like to set up their web portal and need both a domain and a web hosting package. Given companies have such options. With 'ResellersPanel', for example, 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 offer domains and shared website hosting packages to clients, and since they offer plenty of different domain name extensions, you will be able to offer domain name and hosting services to individuals from all around the globe.