Domain name reseller
The World Wide Web is an ever-growing system that offers new opportunities to earn money on the Web. One of these possibilities is to become a domain reseller and sell domains to end users, generating profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered every day, and there are 1 000 000's of currently functioning domain names, so this is a growing trading niche that you can be a part of.
Top-Level and Second-Level Domains
A domain is composed of 2 pieces - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The TLDs 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 ccTLDs involve two-letter abbreviations that stand for each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a country-code one, has a Registry - an institution that administers the registrations and sets the preconditions that each given TLD may have, among them the length of the registration period or the citizenship of the registrant. Certain Registrar companies work under the Registry. These are the firms that actually sell the domain name to customers and manage all DNS resource records.
Make Money From Trading Domains
Plenty of Registrars have reseller programs that enable individuals to earn money from selling domains to end clients. If you sign up for such a program, you can launch your own personal electronic business. Normally, a domain will cost less if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end customer. The cause is that resellers can contact more customers in provinces or countries where the Registrar may not be known 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 requires for the domain name registration.
Resell Domain Names On Behalf Of Your Personal Trademark Name
When you subscribe to a domain name reseller program, you will obtain a web site hosting Control Panel where you can select the prices for the different top-level domain names that the Registrar provides. Most corporations also provide billing software and website themes for your web store, and the automation of the whole procedure together with the rising demand for domain names render the domain name reseller business niche so alluring. You will either get a ready-made web site and utilize the Registrar system to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can make your own online portal and order form. Generally, you have the option to pick between the two alternatives, so it all depends on how skillful you are in these matters. As a domain reseller, you will sell under your own personal trademark name and not under the Registrar's.
Earn Cash From Promoting Web Page Hosting Packages As Well
A reasonable supplement to your domain name reseller business would be to sell web hosting plans too. Thus, you can give a package deal to clients who wish to manage their site and demand both a domain name and a webspace hosting account. Particular companies have such options. With 'ResellersPanel', for example, you can have a Virtual Server or a dedicated server, and they will also give you a domain reseller account and cost-free billing transaction software to charge your customers. You can then sell domains and shared hosting packages to customers, and since they provide a lot of different domain extensions, you will be able to offer domain and hosting services to users from all over the globe.