Domain name reseller
The Internet is an ever-growing system that supplies new possibilities to gain money on the Web. One of them is to be a domain reseller and offer domains to end users, gaining 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 1 000 000's of currently active domains, so this is a thriving trading niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain name includes 2 components - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the second-level domain name.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains include the best known domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs involve two-character abbreviations that symbolize each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code top-level domain name, has a Registry - an organization that administers the registrations and sets the prerequisites that each particular Top-Level Domain may contain, including the duration of the registration period or the citizenship of the registrant. A number of Registrar firms operate under the Registry. These are the companies that actually sell the domain name to customers and administer all domain name records.
Gain Cash From Offering Domains
Many Registrars have reseller programs that enable people to earn revenue from selling domain names to end customers. If you register with such a program, you can kick off your own personal electronic business. Generally, a domain name will cost less if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end customer. The cause is that resellers can reach more clients in regional communities or states where the Registrar may not be popular at all. This implies more sales for the Registrar, so both sides will capitalize on that. Your revenue will be the difference between the price that the client pays and the one that the Registrar charges for the domain name registration.
Trade Domain Names Under Your Own Brand Name
When you subscribe to a domain name reseller program, you will receive a site hosting CP where you can settle the prices for the individual Top-Level Domains that the Registrar offers. Most corporations also offer billing transaction software and web site skins for your web storefront, and the automation of the whole procedure coupled with the huge demand for domains render the domain name reseller industry so alluring. You will either acquire a ready-to-use web site and use the Registrar platform to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can set up your very own personal web portal and form for placing orders. Generally, you have the option to pick between the two possibilities, so it all revolves around how expert you are in these affairs. As a domain reseller, you will do business on behalf of your personal brand name and not on behalf of the Registrar's brand.
Make Profit From Trading Website Hosting Packages As Well
A perfect supplement to your domain reseller business would be to sell web hosting plans as well. In this way, you can give a package deal to users who would like to launch their web portal and demand both a domain name and a website hosting plan. Given corporations supply such options. With 'ResellersPanel', for example, you can manage a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and free billing software to charge your clients. You can then offer domains and shared website hosting packages to customers, and since they provide many diverse domain extensions, you will be able to provide domain and hosting services to persons from all around the world.