Domain name reseller
The World Wide Web is an ever-developing community that generates new possibilities to earn cash on the Web. One of these ways is to become a domain name reseller and offer domains to end users, making revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered each day, and there are 1 000 000's of currently functioning domain names, so this is a blossoming business niche that you can become a part of.
Top-Level and Second-Level Domains
A domain involves two components - a top-level domain name (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 name.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The gTLDs comprise the most popular domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains are composed of two-character abbreviations that symbolize each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code one, has a Registry - an organization that tackles the registrations and determines the preconditions that each specific Top-Level Domain may include, among them the duration of the registration period or the citizenship of the registrant. Certain Registrar firms operate under the Registry. These are the corporations that in fact offer the domain name to customers and administer all DNS records.
Earn Profit From Trading Domains
Plenty of Registrars have reseller programs that allow people to earn money from offering domain names to end users. If you register with such a program, you can build your very own personal electronic business. As a rule, a domain name will cost less if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end customer. The explanation is that resellers can contact more persons in regional communities or states where the Registrar may not be popular 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 user pays and the one that the Registrar levies for the domain name registration.
Sell Top-Level Domains Under Your Personal Brand Name
When you sign up for a domain reseller program, you will have a site hosting Control Panel where you can determine the prices for the different top-level domain names that the Registrar offers. Most corporations also offer invoicing software and web design templates for your web storefront, and the automation of the whole process together with the growing demand for domain names render the domain name reseller market so seductive. You will either acquire a ready-for-use web site and avail of the Registrar platform 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 page and form for placing orders. Traditionally, you have the opportunity to decide between the 2 alternatives, so it all depends on how accomplished you are in these issues. As a domain reseller, you will operate on behalf of your very own trademark name and not under the Registrar's.
Make Money From Promoting Hosting Solutions As Well
A suitable addition to your domain reseller business would be to sell web hosting accounts as well. In this way, you can offer a package deal to customers who would like to develop their site and demand both a domain name and a website hosting plan. Particular corporations provide such options. With 'ResellersPanel', for example, you can have a VPS or a dedicated server, and they will also offer you a domain name reseller account and charge-free invoice software to charge your clients. You can then offer domains and shared website hosting plans to clients, and since they offer a lot of different domain name extensions, you will be able to provide domain and hosting services to users from all around the world.