Domain name reseller
The World Wide Web is an ever-growing network that provides new opportunities to make money on the Web. One of them is to be a domain reseller and offer domain names to end customers, earning revenue 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 millions of presently functioning domains, so this is an increasing trading niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain consists of two components - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic TLDs include the most widespread domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names include two-letter abbreviations that represent each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a country-code one, has a Registry - an institution that manages the registrations and sets the prerequisites that each specific TLD may include, among them the length of the registration period or the residency of the registrant. Certain Registrar firms operate under the Registry. These are the corporations that in fact sell the domain name to customers and administer all domain resource records.
Earn Money From Trading Domain Names
A lot of Registrars have reseller programs that permit people to gain profit from offering domains to end users. If you sign up for such a program, you can launch your own electronic business. As a rule, a domain will be more inexpensive if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end user. The reason is that resellers can reach more customers in areas or countries where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both parties will take advantage of that. Your profit will be the difference between the price that the customer pays and the one that the Registrar charges for the domain name registration.
Sell Domains On Behalf Of Your Personal Brand Name
When you register with a domain reseller program, you will get a hosting Control Panel where you can determine the prices for the separate TLDs that the Registrar offers. Most corporations also provide invoice software and web site layouts for your online store, and the automation of the whole process combined with the increasing demand for domains make the domain name reseller industry so tempting. You will either receive a pre-developed site and utilize the Registrar platform to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your own web site and form for placing orders. Typically, you have the opportunity to decide between the two options, so it all depends on how practiced you are in these issues. As a domain name reseller, you will work on behalf of your very own brand name and not on behalf of the Registrar's brand.
Make Profit From Supplying Site Hosting Accounts As Well
A sensible addition to your domain reseller business would be to sell web hosting accounts too. Thus, you can offer a package deal to people who wish to create their web portal and demand both a domain and a hosting account. Given corporations supply such options. With 'ResellersPanel', for instance, you can have a VPS or a dedicated server, and they will also offer you a domain reseller account and cost-free billing transaction software to bill your customers. You can then sell Top-Level Domains and shared hosting plans to customers, and since they offer lots of different domain extensions, you will be able to provide domain and hosting services to people from all around the world.