Domain name reseller
The World Wide Web is an ever-flourishing network that supplies new opportunities to earn money online. One of these opportunities is to be a domain reseller and sell domains to end users, making revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered each day, and there are 1 000 000's of currently functioning domains, so this is a flowering trading niche that you can become involved in.
Top-Level and Second-Level Domains
A domain involves two parts - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The gTLDs include the most famous domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains are made of two-character abbreviations that signify each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic Top-Level Domain or a country-code Top-Level Domain, has a Registry - an institution that handles the registrations and determines the preconditions that each given Top-Level Domain may contain, among them the duration of the registration period or the residency of the registrant. Certain Registrar firms work under the Registry. These are the firms that in fact sell the domain name to customers and administer all domain name resource records.
Gain Money From Trading Domains
A lot of Registrars have reseller programs that permit people to earn profit from selling domains to end customers. If you sign up for such a program, you can commence your very own electronic business. Generally, a domain name will cost less if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end client. The cause is that resellers can contact more persons in provinces or countries where the Registrar may not be famous 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 user pays and the one that the Registrar imposes for the domain name registration.
Sell Domain Names Under Your Personal Trademark Name
When you sign up for a domain name reseller program, you will get a web space hosting CP where you can determine the prices for the specific TLDs that the Registrar provides. Most firms also offer invoicing transaction software and site templates for your virtual store, and the automation of the whole procedure together with the large demand for domains make the domain reseller business niche so attractive. You will either acquire a ready-made site and use 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 own personal site and order form. Usually, you have the option to decide between the two alternatives, so it all depends on how trained you are in these things. As a domain reseller, you will work under your personal brand and not on behalf of the Registrar's.
Make Money From Selling Web Space Hosting Solutions As Well
A proper supplement to your domain reseller business would be to sell web hosting services as well. Thus, you can give a package deal to people who desire to set up their online portal and demand both a domain and a web page hosting account. A number of companies furnish such options. With 'ResellersPanel', for instance, you can order a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and free-of-charge billing transaction software to charge your customers. You can then offer Top-Level Domains and shared website hosting plans to customers, and since they provide a lot of diverse domain name extensions, you will be able to provide domain name and hosting services to persons from all around the globe.