Domain name reseller
The World Wide Web is an ever-expanding platform that generates new options to make cash online. One of these ways is to be a domain name reseller and offer domain names to end clients, generating revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered each day, and there are millions of currently functioning domain names, so this is a flowering business niche that you can become a part of.
TLDs and SLDs
A domain name contains two pieces - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The gTLDs comprise the best known domain name extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs consist of 2-character abbreviations that stand for each country. Examples 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 name, has a Registry - an organization that handles the registrations and sets the prerequisites that each concrete Top-Level Domain may impose, like the duration of the registration period or the citizenship of the registrant. A number of Registrar firms work under the Registry. These are the firms that actually offer the domain name to customers and manage all domain name records.
Earn Money From Trading Domain Names
Many Registrars have reseller programs that allow people to earn profit from selling domains to end customers. If you subscribe to such a program, you can build your own web business. Commonly, a domain will be cheaper if it is registered through a reseller rather than if it is bought straight from the Registrar by an end user. The explanation is that resellers can contact more individuals in local regions or states where the Registrar may not be popular at all. This implies 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 user pays and the one that the Registrar levies for the domain registration.
Resell Domains On Behalf Of Your Personal Trademark Name
When you register with a domain reseller program, you will receive a web site hosting Control Panel where you can choose the prices for the specific top-level domain names that the Registrar provides. Most firms also provide billing software and web design themes for your virtual store, and the automation of the entire procedure combined with the huge demand for domains render the domain reseller business so seductive. You will either acquire a turn-key website and avail of the Registrar platform to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can build your very own site and order form. Typically, you have the opportunity to choose between the 2 possibilities, so it all revolves around how expert you are in these matters. As a domain name reseller, you will operate under your personal trademark name and not under the Registrar's brand.
Make Revenue From Trading Web Page Hosting Services Too
A perfect supplement to your domain reseller business would be to sell web hosting accounts too. Thereby, you can give a package deal to individuals who wish to run their site and demand both a domain name and a web site hosting package. A number of corporations offer such options. With 'ResellersPanel', for instance, you can run a VPS or a dedicated server, and they will also offer you a domain name reseller account and charge-free invoice management software to charge your clients. You can then sell domains and shared web hosting plans to customers, and since they provide a lot of diverse domain name extensions, you will be able to offer domain and hosting services to persons from all over the world.