Domain name reseller
The Internet is an ever-expanding system that supplies new options to gain money on the Internet. One of these options is to become a domain reseller and offer domains to end users, gaining revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered every day, and there are millions of presently active domain names, so this is a flowering business niche that you can be involved in.
Top-Level and Second-Level Domains
A domain name consists of two components - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic Top-Level Domains include the most widely used domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs contain 2-character abbreviations that symbolize each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a country-code one, has a Registry - an institution that handles the registrations and sets the prerequisites that each specific top-level domain name may impose, including the duration of the registration period or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the corporations that in fact sell the domain name to clients and administer all domain resource records.
Gain Cash From Trading Domains
Lots of Registrars have reseller programs that permit individuals to earn revenue from offering domain names to end users. If you sign up for such a program, you can build your own personal online business. Commonly, a domain will cost less if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end client. The cause is that resellers can reach more clients in regions or countries where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both sides will make a profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar charges for the domain registration.
Sell Domain Names Under Your Very Own Personal Trademark Name
When you subscribe to a domain name reseller program, you will obtain a webspace hosting Control Panel where you can determine the prices for the different top-level domain names that the Registrar offers. Most corporations also offer billing management software and layouts for your online shop, and the automation of the entire process coupled with the big demand for domain names make the domain name reseller market so desirable. You will either acquire a ready-made site and utilize the Registrar platform to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can build your own personal website and form for placing orders. Normally, you have the option to decide between the two options, so it all revolves around how practiced you are in these issues. As a domain reseller, you will work under your own personal trademark name and not on behalf of the Registrar's.
Earn Cash From Trading Site Hosting Plans Too
An excellent addition to your domain name reseller business would be to sell web hosting plans as well. Thus, you can give a package deal to clients who want to create their web site and demand both a domain name and a website hosting account. Particular corporations provide such options. With 'ResellersPanel', for example, you can buy a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and free billing transaction software to bill your clients. You can then offer Top-Level Domains and shared web hosting plans to clients, and since they provide plenty of different domain extensions, you will be able to offer domain name and hosting services to customers from all around the globe.