Domain name reseller
The World Wide Web is an ever-growing system that supplies new opportunities to make money on the Web. One of these opportunities is to become a domain name reseller and sell domains to end customers, making profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered each day, and there are 1 000 000's of presently active domains, so this is a flowering trading niche that you can be a part of.
Top-Level and Second-Level Domains
A domain name consists of 2 pieces - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The gTLDs comprise the most conventional domain extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs contain two-letter abbreviations that represent 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 or a country-code Top-Level Domain, has a Registry - an organization that manages the registrations and determines the prerequisites that each specific Top-Level Domain may contain, among them the duration of the registration term or the residency of the registrant. Certain Registrar companies operate under the Registry. These are the companies that in fact sell the domain name to clients and handle all domain name records.
Make Revenue From Trading Domain Names
Many Registrars have reseller programs that allow people to make profit from offering domains to end users. If you sign up for such a program, you can kick off your own electronic business. Commonly, a domain will cost less if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end user. The cause is that resellers can reach more persons in local districts or countries where the Registrar may not be known at all. This implies more sales for the Registrar, so both parties will make 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 Domain Names Under Your Personal Brand
When you sign up for a domain name reseller program, you will have a Control Panel where you can determine the prices for the various Top-Level Domains that the Registrar provides. Most firms also provide invoice transaction software and web site themes for your online store, and the automation of the entire process together with the great demand for domain names render the domain reseller business niche so desirable. You will either receive a pre-built web site and use the Registrar platform to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can set up your own website and order form. Normally, you have the option to decide between the 2 alternatives, so it all revolves around how advanced you are in these matters. As a domain name reseller, you will operate on behalf of your own brand and not under the Registrar's.
Earn Cash From Trading Web Hosting Packages Too
An appropriate supplement to your domain name reseller business would be to sell web hosting solutions too. In this way, you can give a package deal to customers who would like to create their online portal and require both a domain name and a web hosting account. A few corporations supply such options. With 'ResellersPanel', for example, you can purchase a Virtual Server or a dedicated server, and they will also give you a domain reseller account and cost-free billing management software to bill your customers. You can then offer TLDs and shared web hosting plans to clients, and since they provide many diverse domain extensions, you will be able to provide domain and hosting services to clients from all over the world.