Domain name reseller
The World Wide Web is an ever-growing network that furnishes new ways to gain money on the Web. One of these ways is to become a domain name reseller and offer domain names to end clients, generating 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 millions of currently functioning domain names, so this is an increasing trading niche that you can become involved in.
TLDs and SLDs
A domain name contains two components - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The gTLDs include the most widely used domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names comprise two-character abbreviations that represent each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code one, has a Registry - an institution that administers the registrations and sets the prerequisites that each specific TLD may contain, including the length of the registration term or the residency of the registrant. Certain Registrar corporations work under the Registry. These are the corporations that in fact offer the domain name to clients and handle all DNS resource records.
Earn Profit From Reselling Domains
Multiple Registrars have reseller programs that enable people to make revenue from selling domains to end customers. If you subscribe to such a program, you can initiate your very own electronic business. Normally, a domain name will be cheaper if it is registered through a reseller rather than if it is bought straight from the Registrar by an end client. The reason is that resellers can reach more clients in regional districts or states where the Registrar may not be famous at all. This implies more sales for the Registrar, so both sides will capitalize on that. Your profit will be the difference between the price that the user pays and the one that the Registrar requires for the domain registration.
Trade TLDs On Behalf Of Your Personal Trademark Name
When you register with a domain reseller program, you will obtain a CP where you can fix the prices for the individual Top-Level Domains that the Registrar provides. Most companies also provide billing software and skins for your web store, and the automation of the entire procedure coupled with the great demand for domains render the domain reseller business niche so alluring. You will either have a pre-developed site and utilize the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can make your own web site and order form. Commonly, you have the opportunity to choose between the two possibilities, so it all depends on how experienced you are in these affairs. As a domain name reseller, you will work on behalf of your personal brand and not on behalf of the Registrar's.
Earn Money From Trading Webspace Hosting Solutions As Well
A suitable supplement to your domain name reseller business would be to sell web hosting solutions too. Thus, you can offer a package deal to people who desire to establish their site and need both a domain and a webspace hosting account. A number of corporations supply 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 name reseller account and free billing management software to charge your customers. You can then offer domain names and shared hosting plans to customers, and since they provide many different domain extensions, you will be able to offer domain name and hosting services to persons from all around the globe.