Domain name reseller
The World Wide Web is an ever-increasing platform that furnishes new ways to gain money online. One of these ways is to be a domain reseller and offer domains to end clients, gaining revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered every day, and there are 1 000 000's of currently functioning domain names, so this is an expanding trading niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain contains 2 components - 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 Second-Level Domain.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The gTLDs include the most conventional domain extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs include 2-letter abbreviations that represent each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic Top-Level Domain or a country-code TLD, has a Registry - an organization that administers the registrations and determines the preconditions that each concrete Top-Level Domain may involve, like the duration of the registration period or the residency of the registrant. Certain Registrar companies work under the Registry. These are the corporations that actually sell the domain name to clients and handle all domain records.
Earn Revenue From Selling Domain Names
Lots of Registrars have reseller programs that permit people to make revenue from offering domain names to end clients. If you subscribe to such a program, you can launch your very own personal e-business. Typically, a domain name will be cheaper if it is registered through a reseller rather than if it is bought directly from the Registrar by an end client. The cause is that resellers can contact more customers in regional communities or states where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both sides will benefit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar charges for the domain registration.
Resell Domains Under Your Very Own Brand
When you register with a domain name reseller program, you will receive a webspace hosting CP where you can set the prices for the individual Top-Level Domains that the Registrar offers. Most corporations also offer invoice transaction software and web site layouts for your web store, and the automation of the entire process combined with the rising demand for domains render the domain reseller market so desirable. You will either obtain a turn-key website and use the Registrar platform to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your very own personal web site and order form. Generally, you have the option to pick between the two options, so it all depends on how proficient you are in these things. As a domain name reseller, you will do business on behalf of your personal trademark name and not under the Registrar's.
Make Money From Providing Site Hosting Solutions Too
A reasonable supplement to your domain reseller business would be to sell web hosting packages too. In this way, you can give a package deal to clients who wish to run their online portal and demand both a domain and a web site hosting account. Certain corporations supply such options. With 'ResellersPanel', for example, you can have a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and charge-free billing software to charge your customers. You can then offer TLDs and shared web hosting packages to clients, and since they provide many different domain extensions, you will be able to offer domain name and hosting services to people from all over the world.