Domain name reseller
The Internet is an ever-flourishing platform that offers new options to make money on the Internet. One of these possibilities is to be a domain name reseller and sell domains to end customers, gaining profit from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered each and every day, and there are 1 000 000's of presently functioning domain names, so this is a developing trading niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain name includes 2 components - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic TLDs comprise the most conventional domain extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs are made of 2-character abbreviations that represent each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a country-code one, has a Registry - an organization that administers the registrations and determines the requirements that each particular TLD may involve, among them the duration of the registration term or the residency of the registrant. Certain Registrar firms operate under the Registry. These are the corporations that actually offer the domain name to customers and handle all domain name resource records.
Make Profit From Selling Domain Names
Numerous Registrars have reseller programs that allow individuals to earn money from selling domains to end users. If you sign up for such a program, you can launch your own personal e-business. Typically, a domain name will cost less if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end client. The cause is that resellers can contact more clients in areas or countries where the Registrar may not be famous at all. This implies more sales for the Registrar, so both parties will profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar levies for the domain registration.
Trade TLDs Under Your Very Own Personal Brand Name
When you register with a domain reseller program, you will have a web space hosting Control Panel where you can settle the prices for the different Top-Level Domains that the Registrar provides. Most companies also provide invoice software and web skins for your web shop, and the automation of the entire procedure combined with the swelling demand for domains make the domain reseller business niche so alluring. You will either get a pre-developed site and utilize the Registrar platform to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can set up your very own personal web page and order form. Usually, you have the opportunity to pick between the two options, so it all depends on how experienced you are in these matters. As a domain reseller, you will work on behalf of your own trademark name and not on behalf of the Registrar's brand.
Earn Profit From Trading Web Space Hosting Solutions Too
A logical addition to your domain name reseller business would be to sell web hosting plans as well. Thus, you can offer a package deal to people who desire to develop their online portal and require both a domain name and a web site hosting account. Given companies provide such options. With 'ResellersPanel', for example, you can purchase a VPS or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge invoice software to bill your customers. You can then offer domain names and shared website hosting accounts to customers, and since they provide lots of diverse domain extensions, you will be able to provide domain and hosting services to clients from all over the world.