Domain name reseller
The World Wide Web is an ever-developing network that furnishes new possibilities to gain cash on the Internet. One of these ways is to become a domain name reseller and offer domain names to end customers, making profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered each day, and there are 1 000 000's of currently active domains, so this is an enlarging business niche that you can become engaged in.
TLDs and SLDs
A domain consists of 2 constituents - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic top-level domain names include the most common domain extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs contain 2-letter abbreviations that symbolize each country. Examples of ccTLDs 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 name, has a Registry - an institution that is responsible for the registrations and determines the requirements that each concrete TLD may have, like the duration of the registration term or the residency of the registrant. Certain Registrar companies work under the Registry. These are the corporations that actually offer the domain name to clients and administer all domain records.
Make Profit From Trading Domains
Many Registrars have reseller programs that permit people to earn revenue from offering domain names to end clients. If you sign up for such a program, you can start your very own personal Internet business. Commonly, a domain will be more inexpensive if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end customer. The cause is that resellers can contact more persons in regional districts or states where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both sides will profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain registration.
Resell Domains Under Your Very Own Personal Trademark Name
When you subscribe to a domain reseller program, you will obtain a hosting CP where you can determine the prices for the various Top-Level Domains that the Registrar offers. Most firms also offer invoicing software and web skins for your online store, and the automation of the whole process coupled with the significant demand for domain names render the domain reseller business so attractive. You will either obtain a turn-key website and make use of the Registrar platform to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can build your own website and form for placing orders. Generally, you have the opportunity to choose between the 2 options, so it all depends on how advanced you are in these issues. As a domain name reseller, you will sell under your very own trademark name and not under the Registrar's.
Gain Money From Supplying Webspace Hosting Solutions Too
A reasonable addition to your domain name reseller business would be to sell web hosting accounts too. In this way, you can offer a package deal to persons who would like to run their online portal and need both a domain and a site hosting plan. Particular companies have 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 cost-free invoicing software to bill your customers. You can then offer Top-Level Domains and shared hosting plans to clients, and since they provide lots of different domain extensions, you will be able to offer domain name and hosting services to users from all over the world.