Domain name reseller
The World Wide Web is an ever-increasing platform that supplies new options to earn cash online. One of these opportunities is to become a domain reseller and sell domains to end users, earning profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered every day, and there are 1 000 000's of currently functioning domains, so this is a flourishing trading niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain name is composed of two pieces - 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 name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The gTLDs comprise the most widely used domain name extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names include two-letter abbreviations that symbolize each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code one, has a Registry - an organization that deals with the registrations and determines the requirements that each concrete Top-Level Domain may have, among them the duration of the registration period or the citizenship of the registrant. A number of Registrar corporations operate under the Registry. These are the companies that in fact sell the domain name to customers and handle all domain name records.
Gain Cash From Trading Domains
Numerous Registrars have reseller programs that permit people to make money from selling domains to end clients. If you subscribe to such a program, you can begin your own personal electronic business. Typically, a domain will be more inexpensive if it is registered through a reseller rather than if it is bought directly from the Registrar by an end customer. The cause is that resellers can reach more people in areas or countries where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both sides will earn a profit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar levies for the domain registration.
Trade Top-Level Domain Names Under Your Own Personal Brand Name
When you subscribe to a domain name reseller program, you will have a site hosting CP where you can determine the prices for the different Top-Level Domains that the Registrar offers. Most companies also offer billing transaction software and web themes for your online store, and the automation of the whole process combined with the enormous demand for domains render the domain reseller business niche so attractive. You will either acquire a pre-made website and make use of the Registrar platform to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your very own website and order form. Normally, you have the option to pick between the 2 alternatives, so it all depends on how expert you are in these issues. As a domain name reseller, you will do business under your personal trademark name and not on behalf of the Registrar's.
Earn Profit From Providing Web Page Hosting Solutions As Well
A logical supplement to your domain name reseller business would be to sell web hosting plans as well. Thus, you can offer a package deal to individuals who would like to set up their site and need both a domain name and a webspace hosting package. Some companies offer such options. With 'ResellersPanel', for instance, you can buy a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and free invoice transaction software to bill your clients. You can then sell domains and shared web hosting accounts to clients, and since they provide lots of different domain extensions, you will be able to provide domain and hosting services to individuals from all over the world.