Domain name reseller
The World Wide Web is an ever-developing platform that provides new opportunities to make cash online. One of them is to be a domain reseller and offer domains to end customers, making profit from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered every day, and there are 1 000 000's of presently active domains, so this is an expanding trading niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain name is made of 2 pieces - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic top-level domain names comprise the most popular domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names are made of two-letter abbreviations that represent each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic Top-Level Domain or a country-code top-level domain name, has a Registry - an institution that handles the registrations and sets the requirements that each specific Top-Level Domain may involve, like the length of the registration period or the citizenship of the registrant. A number of Registrar firms operate under the Registry. These are the firms that actually offer the domain name to clients and administer all DNS resource records.
Make Revenue From Trading Domain Names
Lots of Registrars have reseller programs that enable people to earn revenue from offering domains to end customers. If you sign up for such a program, you can kick off your own personal web business. Commonly, a domain will be more inexpensive if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end customer. The reason is that resellers can contact more persons in provinces or states where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides will cash in on that. Your revenue will be the difference between the price that the user pays and the one that the Registrar charges for the domain registration.
Trade Domains Under Your Own Brand Name
When you register with a domain name reseller program, you will get a web site hosting CP where you can fix the prices for the specific top-level domain names that the Registrar provides. Most firms also provide billing software and themes for your online shop, and the automation of the entire procedure together with the enormous demand for domains render the domain reseller business so tempting. You will either get a pre-made website and utilize the Registrar system to resell domains, or they will give you access to their API (Application Programming Interface) so that you can create your own site and order form. Traditionally, you have the option to pick between the two alternatives, so it all depends on how skilled you are in these affairs. As a domain reseller, you will operate on behalf of your own personal brand name and not on behalf of the Registrar's brand.
Earn Money From Providing Webspace Hosting Services Too
A good addition to your domain reseller business would be to sell web hosting solutions too. Thus, you can give a package deal to users who want to make their site and require both a domain and a web site hosting plan. Given corporations supply such options. With 'ResellersPanel', for example, you can have a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and cost-free billing management software to bill your customers. You can then offer top-level domain names and shared website hosting packages to customers, and since they offer many diverse domain name extensions, you will be able to offer domain name and hosting services to clients from all over the globe.