Domain name reseller
The World Wide Web is an ever-growing community that delivers new possibilities to earn money on the Web. One of these possibilities is to be a domain reseller and sell domain names to end users, earning revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered each and every day, and there are 1 000 000's of currently active domain names, so this is a blossoming business niche that you can become a part of.
TLDs and SLDs
A domain name involves 2 parts - a Top-Level Domain (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 Domain Names
The TLDs can be generic or country code. The generic TLDs comprise the most conventional domain extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names are composed of 2-character abbreviations that stand for each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a ccTLD, has a Registry - an institution that manages the registrations and sets the prerequisites that each specific TLD may involve, including the duration of the registration term or the citizenship of the registrant. A number of Registrar firms work under the Registry. These are the corporations that actually offer the domain name to customers and administer all domain name records.
Earn Cash From Trading Domain Names
Plenty of Registrars have reseller programs that allow individuals to make profit from offering domains to end customers. If you subscribe to such a program, you can launch your very own Internet business. Regularly, a domain name will be cheaper if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end user. The explanation is that resellers can reach more people in provinces or states where the Registrar may not be famous at all. This means more sales for the Registrar, so both sides will take advantage of that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain name registration.
Offer Domains Under Your Own Personal Brand Name
When you subscribe to a domain name reseller program, you will get a hosting Control Panel where you can determine the prices for the different TLDs that the Registrar provides. Most corporations also provide invoice transaction software and web design skins for your online storefront, and the automation of the whole process coupled with the big demand for domain names render the domain name reseller business niche so seductive. You will either obtain a pre-made web 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 create your very own website and form for placing orders. Commonly, you have the opportunity to choose between the two options, so it all revolves around how expert you are in these matters. As a domain reseller, you will operate under your very own personal trademark name and not on behalf of the Registrar's brand.
Make Money From Supplying Hosting Solutions As Well
A reasonable supplement to your domain reseller business would be to sell web hosting solutions too. Thus, you can offer a package deal to users who wish to manage their web page and need both a domain and a web page hosting package. Particular corporations provide such options. With 'ResellersPanel', for example, you can run a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and charge-free billing software to bill your customers. You can then offer TLDs and shared web hosting accounts to customers, and since they offer plenty of different domain name extensions, you will be able to offer domain and hosting services to customers from all over the globe.