Domain name reseller
The World Wide Web is an ever-flourishing platform that furnishes new options to gain cash on the Web. One of them is to be a domain reseller and offer domains to end users, making profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered each and every day, and there are 1 000 000's of presently active domains, so this is a flourishing trading niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain consists of 2 components - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic Top-Level Domains comprise the most conventional domain extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs involve two-letter abbreviations that signify each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a ccTLD, has a Registry - an institution that administers the registrations and sets the requirements that each given TLD may have, among them the duration of the registration period or the residency of the registrant. Certain Registrar companies work under the Registry. These are the corporations that actually offer the domain name to customers and administer all domain name records.
Earn Money From Reselling Domains
Numerous Registrars have reseller programs that permit individuals to earn profit from selling domain names to end users. If you sign up for such a program, you can begin your own personal Internet business. Normally, a domain name will be cheaper if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end client. The cause is that resellers can contact more individuals in regional communities or states where the Registrar may not be popular at all. This implies more sales for the Registrar, so both sides will benefit 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 name registration.
Offer TLDs Under Your Own Trademark Name
When you subscribe to a domain name reseller program, you will get a web hosting Control Panel where you can fix the prices for the specific TLDs that the Registrar offers. Most corporations also provide billing transaction software and web themes for your virtual storefront, and the automation of the whole process together with the increasing demand for domain names render the domain reseller market so seductive. You will either get a pre-built web site and use the Registrar platform to resell domains, or they will give you access to their API (Application Programming Interface) so that you can create your very own web page and order form. Usually, you have the opportunity to decide between the two alternatives, so it all revolves around how proficient you are in these things. As a domain reseller, you will work under your very own personal trademark name and not under the Registrar's.
Gain Cash From Supplying Web Page Hosting Packages As Well
A perfect addition to your domain name reseller business would be to sell web hosting services too. Thus, you can give a package deal to customers who want to manage their site and need both a domain name and a hosting package. A number of corporations have such options. With 'ResellersPanel', for instance, you can manage a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and free-of-cost billing management software to bill your clients. You can then sell TLDs and shared website hosting accounts to customers, and since they offer plenty of diverse domain extensions, you will be able to offer domain and hosting services to persons from all over the globe.