Domain name reseller
The World Wide Web is an ever-enlarging network that supplies new opportunities to gain money on the Internet. One of these possibilities is to be a domain reseller and sell domain names to end users, earning profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered every day, and there are 1 000 000's of presently functioning domain names, so this is a flowering business niche that you can become involved in.
TLDs and SLDs
A domain contains 2 pieces - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the SLD.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic top-level domain names comprise the most popular domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains consist of 2-character abbreviations that signify each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code Top-Level Domain, has a Registry - an organization that is responsible for the registrations and determines the prerequisites that each particular TLD may involve, including the duration of the registration period or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the companies that actually offer the domain name to customers and handle all domain resource records.
Earn Money From Trading Domain Names
A lot of Registrars have reseller programs that permit people to gain cash from offering domains to end customers. If you subscribe to such a program, you can set up your very own personal electronic business. Normally, a domain name will be more inexpensive if it is registered through a reseller rather than if it is bought straight from the Registrar by an end customer. The reason is that resellers can reach more users in areas or states where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both sides will capitalize on that. Your profit will be the difference between the price that the customer pays and the one that the Registrar levies for the domain name registration.
Sell Top-Level Domains Under Your Very Own Brand
When you sign up for a domain reseller program, you will acquire a website hosting CP where you can choose the prices for the separate Top-Level Domains that the Registrar provides. Most companies also provide invoicing software and site skins for your online shop, and the automation of the entire procedure coupled with the big demand for domains render the domain name reseller industry so alluring. You will either acquire a pre-made site and make use of the Registrar system to resell domains, or they will give you access to their API (Application Programming Interface) so that you can set up your very own personal site and order form. Normally, you have the option to select between the 2 options, so it all revolves around how accomplished you are in these things. As a domain name reseller, you will sell on behalf of your very own personal brand name and not on behalf of the Registrar's brand.
Earn Money From Trading Hosting Solutions As Well
A sensible addition to your domain reseller business would be to sell web hosting packages too. Thereby, you can give a package deal to customers who would like to make their site and require both a domain name and a web hosting account. Certain corporations offer such options. With 'ResellersPanel', for example, you can buy a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost billing software to bill your customers. You can then offer domain names and shared website hosting accounts to customers, and since they offer lots of diverse domain name extensions, you will be able to offer domain and hosting services to customers from all over the world.