Domain name reseller
The World Wide Web is an ever-flourishing network that delivers new opportunities to gain money on the Web. One of these possibilities is to be a domain reseller and offer domains to end users, earning revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered each day, and there are millions of currently functioning domain names, so this is a blossoming marketing niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain name involves two parts - a top-level domain name (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 Domains
The top-level domain names can be generic or country code. The generic top-level domain names include the best known domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names include 2-letter abbreviations that symbolize each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a country-code one, has a Registry - an organization that deals with the registrations and sets the preconditions that each concrete top-level domain name may involve, such as the duration of the registration period or the residency of the registrant. A number of Registrar corporations work under the Registry. These are the companies that actually sell the domain name to customers and manage all domain records.
Gain Money From Trading Domains
Multiple Registrars have reseller programs that enable people to make profit from offering domain names to end clients. If you register with such a program, you can launch your own web business. Normally, a domain will be cheaper if it is registered via a reseller rather than if it is bought straight from the Registrar by an end client. The reason is that resellers can reach more clients in regional districts or countries where the Registrar may not be popular at all. This implies more sales for the Registrar, so both parties will earn a profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar requires for the domain registration.
Trade Top-Level Domain Names On Behalf Of Your Own Personal Brand Name
When you sign up for a domain name reseller program, you will receive a web site hosting CP where you can select the prices for the specific Top-Level Domains that the Registrar provides. Most corporations also provide invoice software and website templates for your online shop, and the automation of the entire process combined with the increasing demand for domain names render the domain name reseller business so seductive. You will either acquire a pre-made site and make use of the Registrar system to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your very own personal web page and order form. Commonly, you have the option to choose between the 2 options, so it all depends on how accomplished you are in these things. As a domain name reseller, you will do business on behalf of your personal trademark name and not on behalf of the Registrar's brand.
Gain Cash From Offering Webspace Hosting Services As Well
A logical supplement to your domain name reseller business would be to sell web hosting solutions too. Thus, you can give a package deal to persons who want to develop their online portal and need both a domain name and a web site hosting plan. Some corporations supply such options. With 'ResellersPanel', for instance, you can order a VPS or a dedicated server, and they will also offer you a domain reseller account and free billing management software to charge your customers. You can then sell domain names and shared hosting plans to clients, and since they provide many diverse domain name extensions, you will be able to offer domain and hosting services to persons from all around the world.