Domain name reseller
The World Wide Web is an ever-flourishing platform that furnishes new opportunities to gain cash on the Web. One of these possibilities is to be a domain reseller and offer domain names to end customers, generating profit from the difference between the wholesale and the retail cost 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 a developing trading niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain consists of two pieces - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic top-level domain names include the most famous domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs consist of 2-letter abbreviations that represent each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code TLD, has a Registry - an organization that handles the registrations and sets the requirements that each given Top-Level Domain may contain, among them the length of the registration period or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the companies that actually sell the domain name to customers and administer all DNS resource records.
Make Profit From Trading Domains
Multiple Registrars have reseller programs that allow people to make profit from offering domain names to end customers. If you sign up for such a program, you can kick off your own personal Internet business. Typically, a domain name will be cheaper if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end customer. The cause is that resellers can reach more customers in provinces or states where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both sides will capitalize on that. Your profit will be the difference between the price that the client pays and the one that the Registrar levies for the domain registration.
Offer TLDs On Behalf Of Your Own Personal Brand
When you register with a domain name reseller program, you will have a website hosting CP where you can determine the prices for the various TLDs that the Registrar provides. Most companies also provide invoice software and website themes for your virtual shop, and the automation of the entire process combined with the growing demand for domains render the domain reseller industry so tempting. You will either get a pre-made web site and make use of the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can set up your very own online portal and order form. Generally, you have the opportunity to choose between the two options, so it all depends on how trained you are in these matters. As a domain name reseller, you will sell under your own personal trademark name and not under the Registrar's.
Gain Revenue From Selling Website Hosting Accounts As Well
A sensible addition to your domain reseller business would be to sell web hosting services too. In this way, you can give a package deal to clients who wish to run their website and need both a domain and a web hosting account. A number of companies provide such options. With 'ResellersPanel', for example, you can run a VPS or a dedicated server, and they will also give you a domain reseller account and free billing software to charge your customers. You can then offer TLDs and shared web hosting accounts to customers, and since they provide lots of different domain extensions, you will be able to provide domain and hosting services to persons from all over the world.