Domain name reseller
The Internet is an ever-growing community that provides new possibilities to gain cash online. One of them is to become a domain name reseller and sell domains to end users, making profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered each and every day, and there are millions of currently active domain names, so this is a developing trading niche that you can become a part of.
TLDs and SLDs
A domain name consists of two pieces - 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 name.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic Top-Level Domains comprise the best known domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs consist of two-letter abbreviations that represent each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a ccTLD, has a Registry - an institution that manages the registrations and sets the requirements that each given TLD may have, among them the duration of the registration term or the residency of the registrant. Certain Registrar corporations work under the Registry. These are the firms that in fact sell the domain name to clients and administer all domain name resource records.
Earn Profit From Trading Domain Names
Lots of Registrars have reseller programs that enable individuals to earn money from selling domains to end users. If you subscribe to such a program, you can kickstart your very own e-business. Typically, 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 customer. The cause is that resellers can contact more customers in local communities or states where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both parties will capitalize on that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar charges for the domain registration.
Trade TLDs Under Your Own Brand
When you sign up for a domain name reseller program, you will have a web hosting CP where you can fix the prices for the individual top-level domain names that the Registrar provides. Most firms also offer billing management software and web page themes for your online storefront, and the automation of the entire process together with the large demand for domains render the domain reseller market niche so alluring. You will either have a turn-key website and avail of the Registrar system to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can create your very own website and order form. Traditionally, you have the option to pick between the two possibilities, so it all depends on how expert you are in these issues. As a domain name reseller, you will operate under your very own personal brand name and not on behalf of the Registrar's.
Gain Profit From Selling Web Site Hosting Accounts As Well
A good addition to your domain name reseller business would be to sell web hosting services too. Thus, you can offer a package deal to individuals who want to create their website and require both a domain and a site hosting plan. A number of firms furnish such options. With 'ResellersPanel', for instance, you can order a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and free-of-cost billing software to charge your clients. You can then offer domain names and shared website hosting plans to clients, and since they offer many different domain name extensions, you will be able to offer domain name and hosting services to customers from all over the world.