Domain name reseller
The World Wide Web is an ever-enlarging platform that delivers new opportunities to earn cash online. One of these possibilities is to be a domain name reseller and offer domains to end users, gaining revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered every day, and there are 1 000 000's of currently functioning domain names, so this is a flowering trading niche that you can become a part of.
Top-Level and Second-Level Domains
A domain name is composed of two components - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic Top-Level Domains comprise the most famous domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names consist of two-letter abbreviations that symbolize each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a country-code top-level domain name, has a Registry - an institution that is responsible for the registrations and determines the requirements that each concrete TLD may entail, including the duration of the registration period or the citizenship of the registrant. Certain Registrar firms work under the Registry. These are the companies that actually sell the domain name to customers and administer all DNS records.
Gain Cash From Offering Domains
Plenty of Registrars have reseller programs that enable individuals to gain money from selling domains to end customers. If you subscribe to such a program, you can launch your very own personal online business. Regularly, a domain will cost less if it is registered through a reseller rather than if it is bought directly from the Registrar by an end user. The reason is that resellers can reach more individuals in regional communities or states where the Registrar may not be famous at all. This means more sales for the Registrar, so both parties will profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar charges for the domain registration.
Resell Top-Level Domains Under Your Very Own Brand
When you sign up for a domain name reseller program, you will get a web space hosting Control Panel where you can determine the prices for the specific Top-Level Domains that the Registrar offers. Most companies also offer invoice software and web design templates for your virtual store, and the automation of the entire procedure coupled with the vast demand for domains make the domain name reseller market so seductive. You will either get a turn-key site and use the Registrar system to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can set up your very own personal web site and order form. Generally, you have the opportunity to pick between the 2 possibilities, so it all revolves around how accomplished you are in these issues. As a domain reseller, you will sell on behalf of your own brand and not under the Registrar's.
Earn Revenue From Supplying Web Hosting Services Too
A good addition to your domain name reseller business would be to sell web hosting packages too. Thereby, you can offer a package deal to users who would like to have their site and need both a domain name and a webspace hosting package. A few corporations offer such options. With 'ResellersPanel', for example, you can order a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and free billing transaction software to bill your customers. You can then sell TLDs and shared website hosting accounts to clients, and since they provide lots of different domain extensions, you will be able to offer domain and hosting services to customers from all around the globe.