Domain name reseller
The World Wide Web is an ever-enlarging network that provides new options to make cash on the Web. One of them is to become a domain name reseller and offer domains to end customers, earning profit from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered each and every day, and there are 1 000 000's of currently functioning domains, so this is a flowering trading niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain consists of 2 entities - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic Top-Level Domains include the most common domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names include 2-character abbreviations that symbolize each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a country-code TLD, has a Registry - an institution that manages the registrations and determines the preconditions that each given TLD may contain, among them the duration of the registration period or the citizenship of the registrant. Certain Registrar companies operate under the Registry. These are the corporations that actually offer the domain name to clients and handle all domain records.
Gain Revenue From Offering Domains
A lot of Registrars have reseller programs that enable people to earn money from selling domain names to end customers. If you sign up for such a program, you can start your very own electronic business. Generally, a domain will be more inexpensive if it is registered via a reseller rather than if it is bought straight from the Registrar by an end user. The cause is that resellers can reach more persons in provinces or countries where the Registrar may not be famous at all. This implies more sales for the Registrar, so both sides 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 requires for the domain name registration.
Resell Top-Level Domain Names On Behalf Of Your Personal Trademark Name
When you subscribe to a domain reseller program, you will get a web hosting Control Panel where you can select the prices for the different top-level domain names that the Registrar provides. Most companies also provide invoicing transaction software and web page themes for your online shop, and the automation of the entire process combined with the towering demand for domains make the domain reseller business niche so attractive. You will either acquire a ready-made site and use the Registrar platform to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can create your own personal portal and order form. Generally, you have the opportunity to select between the two options, so it all revolves around how skillful you are in these matters. As a domain reseller, you will do business on behalf of your very own brand name and not under the Registrar's brand.
Gain Revenue From Trading Web Page Hosting Services As Well
A perfect supplement to your domain name reseller business would be to sell web hosting packages too. Thereby, you can offer a package deal to people who desire to launch their website and need both a domain and a web hosting package. Particular firms have such options. With 'ResellersPanel', for example, you can order a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and charge-free invoice transaction software to charge your customers. You can then sell domain names and shared website hosting packages to customers, and since they offer many different domain name extensions, you will be able to provide domain and hosting services to customers from all over the globe.