Domain name reseller
The World Wide Web is an ever-developing network that supplies new ways to gain money online. One of these ways is to become a domain name reseller and offer domain names to end customers, generating profit from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each day, and there are millions of presently functioning domains, so this is an expanding trading niche that you can be engaged in.
TLDs and SLDs
A domain name includes 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 Second-Level Domain.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic Top-Level Domains comprise the most conventional domain extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names are composed of two-character abbreviations that symbolize each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a country-code Top-Level Domain, has a Registry - an organization that handles the registrations and sets the prerequisites that each particular top-level domain name may contain, such as the length of the registration period or the residency of the registrant. Certain Registrar firms operate under the Registry. These are the corporations that in fact offer the domain name to customers and manage all domain resource records.
Gain Money From Reselling Domain Names
Lots of Registrars have reseller programs that allow individuals to gain cash from selling domain names to end clients. If you sign up for such a program, you can commence your own electronic business. As a rule, a domain will be cheaper if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end customer. The reason is that resellers can reach more users in local communities or states where the Registrar may not be known at all. This means more sales for the Registrar, so both sides will take advantage of that. Your revenue will be the difference between the price that the client pays and the one that the Registrar charges for the domain name registration.
Offer Domain Names On Behalf Of Your Very Own Personal Trademark Name
When you subscribe to a domain reseller program, you will have a webspace hosting CP where you can settle the prices for the different top-level domain names that the Registrar offers. Most firms also offer billing management software and website themes for your web shop, and the automation of the whole process combined with the strong demand for domains render the domain name reseller market niche so desirable. You will either get a ready-made website and make use of the Registrar system to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can make your own personal web site and order form. Normally, you have the option to select between the 2 options, so it all depends on how experienced you are in these things. As a domain reseller, you will do business under your own brand name and not on behalf of the Registrar's.
Earn Profit From Reselling Webspace Hosting Plans As Well
A suitable addition to your domain reseller business would be to sell web hosting packages too. Thereby, you can give a package deal to people who want to have their web page and require both a domain name and a web page hosting plan. A few firms provide such options. With 'ResellersPanel', for example, you can order a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and cost-free billing software to charge your clients. You can then sell TLDs and shared web hosting packages to clients, and since they offer a lot of diverse domain name extensions, you will be able to offer domain and hosting services to customers from all around the globe.