Domain name reseller
The World Wide Web is an ever-flourishing network that supplies new options to gain money on the Internet. One of these options is to become a domain name reseller and sell domains to end users, generating revenue from the difference between the wholesale and the retail price of each and every domain name. 1000's of domains are registered each day, and there are 1 000 000's of presently active domain names, so this is a thriving trading niche that you can become a part of.
TLDs and SLDs
A domain consists of two parts - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic Top-Level Domains include the most conventional domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs are composed of 2-character abbreviations that denote each country. Instances of country-code Top-Level Domains 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 is responsible for the registrations and determines the requirements that each concrete Top-Level Domain may impose, such as the length of the registration period or the residency of the registrant. Certain Registrar companies work under the Registry. These are the firms that actually sell the domain name to clients and administer all DNS records.
Make Cash From Selling Domain Names
Multiple Registrars have reseller programs that allow people to earn revenue from selling domain names to end users. If you subscribe to such a program, you can start your own Internet business. Typically, a domain name will be cheaper if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end customer. The cause is that resellers can reach more customers in regional districts or countries where the Registrar may not be popular at all. This means more sales for the Registrar, so both parties will take advantage of that. Your profit will be the difference between the price that the user pays and the one that the Registrar charges for the domain registration.
Offer Top-Level Domain Names Under Your Very Own Brand
When you subscribe to a domain reseller program, you will acquire a web page hosting CP where you can determine the prices for the individual top-level domain names that the Registrar offers. Most firms also provide billing software and web layouts for your web store, and the automation of the whole procedure together with the significant demand for domain names render the domain reseller business so alluring. You will either receive a pre-developed web site and utilize the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your very own web site and form for placing orders. Traditionally, you have the opportunity to select between the 2 alternatives, so it all depends on how advanced you are in these issues. As a domain name reseller, you will do business under your very own personal trademark name and not on behalf of the Registrar's brand.
Gain Money From Trading Hosting Packages Too
A good addition to your domain name reseller business would be to sell web hosting services as well. In this way, you can give a package deal to people who want to manage their online portal and need both a domain name and a hosting account. Certain firms offer such options. With 'ResellersPanel', for example, you can order a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and free-of-cost billing software to charge your clients. You can then offer domain names and shared website hosting packages to clients, and since they offer many different domain extensions, you will be able to offer domain name and hosting services to people from all around the globe.