Domain name reseller
The Internet is an ever-increasing system that provides new options to make money on the Web. One of them is to become a domain reseller and sell domains to end users, gaining revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered each and every day, and there are millions of presently active domains, so this is a flowering trading niche that you can be a part of.
Top-Level and Second-Level Domains
A domain comprises 2 components - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic TLDs comprise the most popular domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names include two-character abbreviations that correspond to each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic Top-Level Domain or a ccTLD, has a Registry - an institution that manages the registrations and determines the requirements that each given top-level domain name may entail, such as the length of the registration term or the citizenship of the registrant. Certain Registrar companies operate under the Registry. These are the corporations that in fact offer the domain name to customers and administer all domain name resource records.
Earn Money From Offering Domain Names
Lots of Registrars have reseller programs that allow individuals to earn profit from offering domain names to end clients. If you sign up for such a program, you can commence your own personal electronic business. Usually, a domain will be cheaper if it is registered through a reseller rather than if it is bought straight from the Registrar by an end user. The explanation is that resellers can contact more clients in provinces or states where the Registrar may not be known at all. This means 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 charges for the domain registration.
Trade Top-Level Domains On Behalf Of Your Personal Brand Name
When you sign up for a domain reseller program, you will acquire a site hosting Control Panel where you can settle the prices for the different TLDs that the Registrar offers. Most firms also offer billing management software and web site themes for your virtual store, and the automation of the entire procedure coupled with the rising demand for domains make the domain name reseller market niche so seductive. You will either acquire a ready-to-use site and make use of the Registrar platform to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can make your very own personal site and form for placing orders. Normally, you have the option to decide between the two alternatives, so it all depends on how advanced you are in these things. As a domain reseller, you will work under your personal brand and not on behalf of the Registrar's.
Earn Profit From Providing Site Hosting Plans Too
A perfect addition to your domain reseller business would be to sell web hosting accounts as well. In this way, you can give a package deal to people who want to build their web page and need both a domain and a site hosting account. Particular corporations have such options. With 'ResellersPanel', for example, you can buy a VPS or a dedicated server, and they will also offer you a domain name reseller account and charge-free billing transaction software to charge your customers. You can then offer domain names and shared hosting plans to customers, and since they offer a lot of diverse domain name extensions, you will be able to provide domain and hosting services to people from all over the world.