Domain name reseller
The World Wide Web is an ever-developing system that supplies new possibilities to make cash online. One of these possibilities is to be a domain reseller and offer domain names to end clients, making profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered every day, and there are 1 000 000's of currently active domains, so this is a flourishing trading niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain name contains 2 entities - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic Top-Level Domains include the best known domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains are made of two-letter abbreviations that symbolize each country. Instances of country-code top-level domain names 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, has a Registry - an organization that administers the registrations and sets the requirements that each concrete Top-Level Domain may have, such as the length of the registration term or the citizenship of the registrant. Certain Registrar companies operate under the Registry. These are the corporations that actually sell the domain name to clients and handle all DNS resource records.
Gain Profit From Trading Domain Names
Plenty of Registrars have reseller programs that permit people to gain profit from offering domain names to end users. If you sign up for such a program, you can set up your own electronic business. Typically, a domain name will be more inexpensive if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end user. The cause is that resellers can contact more people in local communities or states where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both sides will profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar levies for the domain name registration.
Trade Top-Level Domains Under Your Own Personal Trademark Name
When you subscribe to a domain name reseller program, you will receive a Control Panel where you can settle the prices for the separate TLDs that the Registrar offers. Most firms also provide invoice software and web skins for your online store, and the automation of the entire process together with the proliferating demand for domain names make the domain name reseller market so tempting. You will either have a ready-for-use website and use the Registrar platform to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your very own personal portal and form for placing orders. Typically, you have the option to pick between the 2 possibilities, so it all revolves around how skillful you are in these matters. As a domain reseller, you will sell on behalf of your very own brand name and not under the Registrar's.
Gain Money From Promoting Hosting Solutions As Well
A relevant supplement to your domain name reseller business would be to sell web hosting accounts too. Thus, you can give a package deal to users who want to make their web page and need both a domain and a website hosting package. Given corporations offer such options. With 'ResellersPanel', for instance, you can run a Virtual Server or a dedicated server, and they will also give you a domain reseller account and free billing management software to charge your customers. You can then sell TLDs and shared hosting plans to customers, and since they provide plenty of different domain name extensions, you will be able to offer domain name and hosting services to clients from all over the world.