Domain name reseller
The World Wide Web is an ever-growing system that provides new opportunities to earn cash on the Web. One of these possibilities is to become a domain reseller and offer domain names to end clients, generating profit from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each and every day, and there are 1 000 000's of presently active domain names, so this is a thriving trading niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain comprises two entities - 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 domain names can be generic or country code. The gTLDs comprise the most common domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains involve 2-character abbreviations that denote each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a country-code Top-Level Domain, has a Registry - an institution that tackles the registrations and sets the requirements that each specific top-level domain name may involve, including the duration of the registration period or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the companies that actually offer the domain name to clients and handle all domain records.
Earn Revenue From Offering Domain Names
Numerous Registrars have reseller programs that enable individuals to earn revenue from selling domains to end clients. If you sign up for such a program, you can initiate your very own e-business. Regularly, a domain name will be cheaper if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end user. The cause is that resellers can reach more individuals in provinces or countries where the Registrar may not be known whatsoever. This means 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 user pays and the one that the Registrar charges for the domain name registration.
Trade Top-Level Domains On Behalf Of Your Own Personal Brand
When you sign up for a domain reseller program, you will acquire a site hosting Control Panel where you can settle the prices for the different top-level domain names that the Registrar provides. Most companies also provide invoicing transaction software and layouts for your online store, and the automation of the whole process combined with the large demand for domain names make the domain reseller market niche so desirable. You will either acquire a turn-key site and make use of the Registrar platform to resell domains, or they will give you access to their API (Application Programming Interface) so that you can set up your own personal website and form for placing orders. Typically, you have the opportunity to choose between the 2 possibilities, so it all depends on how skillful you are in these affairs. As a domain name reseller, you will operate under your very own personal brand name and not on behalf of the Registrar's.
Make Revenue From Providing Site Hosting Solutions As Well
An excellent addition to your domain reseller business would be to sell web hosting solutions as well. Thereby, you can give a package deal to clients who would like to launch their site and need both a domain and a web page hosting plan. Some firms offer such options. With 'ResellersPanel', for instance, you can buy a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and free-of-cost billing management software to charge your clients. You can then offer domains and shared website hosting packages to clients, and since they offer a lot of diverse domain extensions, you will be able to offer domain and hosting services to customers from all around the world.