Domain name reseller
The World Wide Web is an ever-flourishing platform that provides new opportunities to earn cash on the Internet. One of these options is to become a domain name reseller and sell domain names to end clients, making profit from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered every day, and there are millions of currently functioning domains, so this is a flourishing business niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain consists of two parts - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most popular domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names involve 2-character abbreviations that signify each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic Top-Level Domain or a country-code Top-Level Domain, has a Registry - an institution that is responsible for the registrations and sets the preconditions that each concrete top-level domain name may include, like the length of the registration period or the residency of the registrant. Certain Registrar firms work under the Registry. These are the corporations that actually offer the domain name to clients and administer all domain name resource records.
Earn Profit From Offering Domains
A lot of Registrars have reseller programs that permit individuals to make cash from offering domains to end clients. If you register with such a program, you can kick off your very own web business. Commonly, a domain name will be cheaper if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end client. The reason is that resellers can contact more customers in regions or countries where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both sides will capitalize on that. Your profit will be the difference between the price that the customer pays and the one that the Registrar levies for the domain registration.
Trade Domains On Behalf Of Your Own Brand
When you register with a domain name reseller program, you will have a webspace hosting Control Panel where you can fix the prices for the specific top-level domain names that the Registrar offers. Most companies also offer invoicing software and design skins for your web shop, and the automation of the entire process together with the enlarging demand for domains render the domain name reseller market so attractive. You will either receive a pre-built website and utilize the Registrar platform to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can set up your own personal web site and form for placing orders. Generally, you have the option to decide between the 2 alternatives, so it all revolves around how proficient you are in these things. As a domain name reseller, you will operate under your own personal trademark name and not under the Registrar's brand.
Make Cash From Trading Web Space Hosting Services As Well
A suitable addition to your domain name reseller business would be to sell web hosting solutions as well. Thereby, you can give a package deal to persons who desire to make their web site and require both a domain and a hosting account. Particular corporations supply such options. With 'ResellersPanel', for example, you can run a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge billing software to charge your clients. You can then sell domains and shared website hosting packages to customers, and since they offer plenty of diverse domain name extensions, you will be able to provide domain name and hosting services to users from all over the globe.