Domain name reseller
The World Wide Web is an ever-enlarging community that supplies new opportunities to earn money on the Web. One of these possibilities is to be a domain name reseller and sell domains to end users, making revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered each day, and there are millions of presently functioning domains, so this is an enlarging trading niche that you can be a part of.
TLDs and SLDs
A domain name involves 2 parts - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic top-level domain names include the most conventional domain extensions like .com, .net, .org, .mobi, .info, while the ccTLDs contain 2-character abbreviations that denote each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a ccTLD, has a Registry - an organization that manages the registrations and determines the prerequisites that each concrete Top-Level Domain may impose, including the duration of the registration term or the residency of the registrant. A number of Registrar corporations work under the Registry. These are the corporations that in fact offer the domain name to customers and administer all domain name records.
Make Revenue From Trading Domain Names
Numerous Registrars have reseller programs that allow individuals to make money from selling domain names to end users. If you subscribe to such a program, you can begin your very own electronic business. Regularly, a domain name will be more inexpensive if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end client. The cause is that resellers can reach more clients in regions or states where the Registrar may not be known at all. This implies more sales for the Registrar, so both sides will profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar requires for the domain registration.
Resell TLDs Under Your Personal Brand
When you subscribe to a domain name reseller program, you will obtain a website hosting Control Panel where you can choose the prices for the different TLDs that the Registrar provides. Most firms also provide invoice management software and web site skins for your web shop, and the automation of the entire procedure coupled with the rising demand for domains render the domain reseller market niche so desirable. You will either acquire a pre-developed website and use the Registrar platform to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can create your own portal and order form. Usually, you have the opportunity to choose between the 2 alternatives, so it all depends on how trained you are in these matters. As a domain reseller, you will sell on behalf of your very own personal brand and not under the Registrar's brand.
Earn Profit From Trading Hosting Packages Too
A relevant addition to your domain name reseller business would be to sell web hosting solutions as well. Thereby, you can give a package deal to clients who want to launch their website and need both a domain and a webspace hosting plan. Certain firms supply such options. With 'ResellersPanel', for instance, you can purchase a VPS or a dedicated server, and they will also offer you a domain name reseller account and free invoice software to bill your clients. You can then sell Top-Level Domains and shared website hosting packages to clients, and since they offer plenty of different domain extensions, you will be able to provide domain and hosting services to persons from all around the world.