Domain name reseller
The World Wide Web is an ever-increasing system that generates new ways to gain cash online. One of these options is to be a domain reseller and offer domain names to end users, gaining revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered every day, and there are millions of presently active domain names, so this is an expanding trading niche that you can become involved in.
Top-Level and Second-Level Domains
A domain consists of 2 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 and "domain" is the SLD.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic TLDs comprise the most common domain extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names consist of 2-letter abbreviations that represent each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a country-code TLD, has a Registry - an institution that deals with the registrations and determines the prerequisites that each particular Top-Level Domain may contain, among them the duration of the registration period or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the companies that actually offer the domain name to clients and administer all domain name records.
Make Profit From Trading Domain Names
Plenty of Registrars have reseller programs that allow people to make money from selling domains to end clients. If you subscribe to such a program, you can set up your own personal online business. As a rule, a domain will be more inexpensive if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end client. The cause is that resellers can reach more persons in local regions or countries where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both sides will make a profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar imposes for the domain name registration.
Trade TLDs Under Your Very Own Personal Brand Name
When you subscribe to a domain reseller program, you will acquire a web hosting Control Panel where you can fix the prices for the specific Top-Level Domains that the Registrar provides. Most companies also provide billing management software and design themes for your virtual store, and the automation of the whole procedure together with the flourishing demand for domains make the domain name reseller market niche so alluring. You will either get a ready-made website and avail of the Registrar platform to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can set up your own personal web site and form for placing orders. Commonly, you have the opportunity to choose between the two options, so it all revolves around how experienced you are in these things. As a domain name reseller, you will sell on behalf of your own brand name and not under the Registrar's.
Gain Revenue From Providing Web Site Hosting Plans Too
An adequate supplement to your domain reseller business would be to sell web hosting accounts too. Thus, you can give a package deal to customers who want to make their web site and demand both a domain and a web hosting plan. Particular firms have such options. With 'ResellersPanel', for instance, you can manage a VPS or a dedicated server, and they will also offer you a domain reseller account and free invoicing software to bill your customers. You can then sell top-level domain names and shared web hosting accounts to clients, and since they offer a lot of different domain extensions, you will be able to provide domain and hosting services to individuals from all over the globe.