Domain name reseller
The Internet is an ever-developing system that offers new options to gain money on the Web. One of these possibilities is to be a domain name reseller and offer domain names to end users, earning profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domains are registered each day, and there are millions of currently active domains, so this is an expanding trading niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain name contains two entities - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic TLDs include the most widespread domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names comprise two-character abbreviations that signify each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a country-code Top-Level Domain, has a Registry - an organization that deals with the registrations and sets the preconditions that each specific TLD may include, including the duration of the registration term or the residency of the registrant. Certain Registrar corporations work under the Registry. These are the companies that in fact offer the domain name to customers and administer all domain name records.
Earn Revenue From Offering Domains
Multiple Registrars have reseller programs that permit individuals to earn profit from selling domain names to end customers. If you subscribe to such a program, you can kickstart your very own Internet business. Typically, a domain name will be more inexpensive if it is registered via a reseller rather than if it is bought straight from the Registrar by an end customer. The reason is that resellers can reach more persons in local districts or states where the Registrar may not be popular at all. This implies more sales for the Registrar, so both parties 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.
Sell TLDs On Behalf Of Your Own Brand Name
When you subscribe to a domain name reseller program, you will receive a website hosting Control Panel where you can determine the prices for the separate top-level domain names that the Registrar offers. Most companies also provide invoice software and web design skins for your online shop, and the automation of the entire process coupled with the enormous demand for domains make the domain name reseller market so seductive. You will either receive a ready-for-use web site and avail of the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your own site and order form. Typically, you have the option to decide between the two alternatives, so it all depends on how accomplished you are in these matters. As a domain name reseller, you will work under your very own brand name and not on behalf of the Registrar's.
Gain Cash From Offering Web Hosting Plans As Well
An appropriate addition to your domain name reseller business would be to sell web hosting accounts too. Thus, you can offer a package deal to people who want to run their web page and require both a domain and a web space hosting package. Particular corporations have such options. With 'ResellersPanel', for example, you can run a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and charge-free invoice transaction software to bill your clients. You can then offer domains and shared hosting accounts to clients, and since they provide a lot of diverse domain name extensions, you will be able to offer domain and hosting services to people from all over the world.