Domain name reseller
The World Wide Web is an ever-expanding community that delivers new ways to earn money on the Web. One of these ways is to be a domain name reseller and offer domain names to end users, earning revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each and every day, and there are millions of currently functioning domains, so this is an expanding trading niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain name is composed of two parts - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The gTLDs comprise the most widespread domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains comprise 2-character abbreviations that represent each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a country-code Top-Level Domain, has a Registry - an organization that administers the registrations and sets the preconditions that each concrete Top-Level Domain may include, among them the duration of the registration period or the residency of the registrant. A number of Registrar companies work under the Registry. These are the firms that in fact sell the domain name to clients and manage all domain resource records.
Gain Profit From Trading Domain Names
Many Registrars have reseller programs that allow individuals to earn profit from selling domain names to end users. If you sign up for such a program, you can start your own personal online business. Typically, a domain will be more inexpensive if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end customer. The cause is that resellers can contact more individuals in areas or countries where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both parties will capitalize on that. Your revenue will be the difference between the price that the user pays and the one that the Registrar imposes for the domain name registration.
Sell Top-Level Domain Names Under Your Very Own Personal Trademark Name
When you subscribe to a domain reseller program, you will have a site hosting CP where you can settle the prices for the specific Top-Level Domains that the Registrar provides. Most companies also offer billing transaction software and website templates for your online shop, and the automation of the whole procedure combined with the strong demand for domain names render the domain name reseller business so attractive. You will either have a pre-made site and avail of the Registrar system to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can set up your own personal site and order form. Usually, you have the option to decide between the two possibilities, so it all revolves around how trained you are in these affairs. As a domain name reseller, you will operate on behalf of your own trademark name and not under the Registrar's.
Earn Money From Selling Web Space Hosting Solutions As Well
An appropriate addition to your domain reseller business would be to sell web hosting plans too. Thereby, you can offer a package deal to persons who desire to have their website and require both a domain name and a hosting package. Some firms provide such options. With 'ResellersPanel', for instance, you can order a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and free invoicing transaction software to bill your customers. You can then offer TLDs and shared hosting packages to customers, and since they provide many diverse domain name extensions, you will be able to provide domain name and hosting services to individuals from all over the world.