Domain name reseller
The World Wide Web is an ever-developing platform that offers new ways to gain cash on the Internet. One of these options is to become a domain reseller and sell domains to end users, earning profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domains are registered each and every day, and there are 1 000 000's of presently active domains, so this is a developing trading niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain name involves 2 pieces - 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.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic top-level domain names comprise the most widely used domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names are made of 2-letter abbreviations that represent each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code one, has a Registry - an organization that deals with the registrations and determines the prerequisites that each concrete Top-Level Domain may involve, including the duration of the registration term or the residency of the registrant. Certain Registrar companies work under the Registry. These are the firms that in fact offer the domain name to clients and administer all domain name resource records.
Earn Revenue From Selling Domains
Multiple Registrars have reseller programs that allow people to gain revenue from selling domain names to end clients. If you sign up for such a program, you can kick off your own online business. Usually, a domain name will cost less if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end user. The cause is that resellers can contact more individuals in local communities or countries where the Registrar may not be famous whatsoever. This implies 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 requires for the domain name registration.
Resell Top-Level Domains Under Your Own Personal Brand Name
When you sign up for a domain name reseller program, you will receive a web site hosting CP where you can select the prices for the various Top-Level Domains that the Registrar provides. Most corporations also offer invoicing software and web page templates for your virtual shop, and the automation of the whole procedure together with the high demand for domain names make the domain name reseller market niche so attractive. You will either obtain a pre-developed web site and make use of the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your own web page and order form. Normally, you have the option to select between the two alternatives, so it all depends on how practiced you are in these matters. As a domain reseller, you will do business under your very own brand name and not under the Registrar's.
Gain Money From Trading Web Site Hosting Plans As Well
An appropriate supplement to your domain reseller business would be to sell web hosting solutions too. Thus, you can offer a package deal to people who desire to run their web page and demand both a domain name and a web hosting package. Certain firms have such options. With 'ResellersPanel', for instance, you can manage a Virtual Server or a dedicated server, and they will also give you a domain reseller account and charge-free invoicing software to bill your customers. You can then sell top-level domain names and shared website hosting plans to customers, and since they offer lots of diverse domain name extensions, you will be able to provide domain and hosting services to individuals from all over the globe.