Domain name reseller
The World Wide Web is an ever-expanding community that generates new opportunities to earn cash on the Web. One of these possibilities is to become a domain name reseller and sell domains to end customers, generating profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered every day, and there are 1 000 000's of currently active domains, so this is a growing trading niche that you can be involved in.
TLDs and SLDs
A domain is made of two constituents - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic TLDs include the most common domain extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names consist of two-character abbreviations that correspond to each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a country-code top-level domain name, has a Registry - an institution that administers the registrations and determines the requirements that each concrete Top-Level Domain may include, such as the duration of the registration term or the citizenship of the registrant. A number of Registrar firms operate under the Registry. These are the firms that in fact sell the domain name to customers and manage all DNS records.
Make Money From Reselling Domains
A lot of Registrars have reseller programs that permit people to gain cash from offering domains to end clients. If you subscribe to such a program, you can kick off your own Internet business. As a rule, a domain will cost less if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end user. The reason is that resellers can reach more customers in local regions or countries where the Registrar may not be famous at all. This means more sales for the Registrar, so both parties 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 levies for the domain registration.
Offer Top-Level Domain Names On Behalf Of Your Own Brand Name
When you register with a domain name reseller program, you will get a web site hosting Control Panel where you can choose the prices for the different top-level domain names that the Registrar offers. Most corporations also provide billing transaction software and web site layouts for your web storefront, and the automation of the whole procedure together with the flourishing demand for domain names render the domain reseller market so seductive. You will either have a pre-made website and utilize the Registrar platform to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can make your own personal site and form for placing orders. Generally, you have the opportunity to select between the 2 options, so it all revolves around how trained you are in these affairs. As a domain name reseller, you will sell on behalf of your own brand name and not under the Registrar's.
Gain Profit From Providing Web Site Hosting Accounts As Well
A suitable addition to your domain reseller business would be to sell web hosting services as well. In this way, you can offer a package deal to persons who desire to run their website and require both a domain and a web hosting account. A number of firms supply such options. With 'ResellersPanel', for example, you can purchase a VPS or a dedicated server, and they will also give you a domain name reseller account and free-of-charge billing software to charge your clients. You can then offer domain names and shared hosting packages to clients, and since they offer many diverse domain name extensions, you will be able to offer domain and hosting services to persons from all over the world.