Domain name reseller
The World Wide Web is an ever-growing system that generates new opportunities to earn cash on the Web. One of these possibilities is to be a domain reseller and offer domain names to end users, 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 presently active domain names, so this is an enlarging trading niche that you can be engaged in.
TLDs and SLDs
A domain is composed of two parts - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the TLD 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 Domains comprise the best known domain extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs include 2-letter abbreviations that symbolize each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a ccTLD, has a Registry - an institution that manages the registrations and sets the preconditions that each given top-level domain name may entail, like the length of the registration term or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the firms that in fact sell the domain name to customers and administer all DNS resource records.
Make Revenue From Trading Domain Names
Lots of Registrars have reseller programs that allow individuals to gain revenue from offering domains to end clients. If you subscribe to such a program, you can set up your very own e-business. As a rule, a domain name will cost less if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end user. The reason is that resellers can reach more customers in local communities or countries where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both sides will take advantage of 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.
Trade Top-Level Domain Names On Behalf Of Your Personal Brand
When you subscribe to a domain reseller program, you will get a Control Panel where you can set the prices for the specific TLDs that the Registrar provides. Most companies also offer billing transaction software and site skins for your online store, and the automation of the entire process coupled with the proliferating demand for domain names render the domain reseller industry so attractive. You will either have a ready-to-use website and utilize the Registrar system to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can build your very own personal web page and order form. Normally, you have the opportunity to pick between the two alternatives, so it all depends on how experienced you are in these issues. As a domain name reseller, you will sell under your own personal brand and not on behalf of the Registrar's.
Gain Money From Supplying Web Page Hosting Accounts Too
An appropriate supplement to your domain name reseller business would be to sell web hosting accounts as well. In this way, you can give a package deal to customers who wish to develop their online portal and need both a domain and a hosting account. Certain firms offer such options. With 'ResellersPanel', for instance, you can have a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and free invoicing transaction software to bill your clients. You can then sell domain names and shared web hosting accounts to customers, and since they provide many different domain extensions, you will be able to provide domain name and hosting services to people from all over the world.