Domain name reseller
The Internet is an ever-developing system that delivers new options to make money on the Web. One of these opportunities is to be a domain reseller and offer domains to end clients, generating profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered each day, and there are 1 000 000's of currently functioning domains, so this is a thriving trading niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain contains two entities - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most common domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs are composed of 2-letter abbreviations that symbolize each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code Top-Level Domain, has a Registry - an organization that handles the registrations and determines the requirements that each concrete Top-Level Domain may include, among them the duration of the registration term or the citizenship of the registrant. A number of Registrar firms work under the Registry. These are the corporations that in fact sell the domain name to customers and handle all domain resource records.
Make Money From Trading Domain Names
A lot of Registrars have reseller programs that allow individuals to gain money from selling domains to end clients. If you subscribe to such a program, you can kick off your own personal web business. Normally, a domain name will be cheaper if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end client. The cause is that resellers can reach more persons in areas or states where the Registrar may not be popular at all. This means more sales for the Registrar, so both sides will capitalize on that. Your profit will be the difference between the price that the customer pays and the one that the Registrar charges for the domain name registration.
Trade Domains On Behalf Of Your Personal Brand
When you subscribe to a domain reseller program, you will have a hosting Control Panel where you can fix the prices for the individual TLDs that the Registrar offers. Most companies also provide billing management software and web page templates for your virtual storefront, and the automation of the whole process coupled with the expanding demand for domain names render the domain reseller business so alluring. You will either receive a ready-made site and use the Registrar platform to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your very own site and form for placing orders. Typically, you have the option to select between the two alternatives, so it all depends on how expert you are in these things. As a domain name reseller, you will operate on behalf of your very own personal brand name and not on behalf of the Registrar's.
Make Cash From Providing Hosting Services As Well
A relevant supplement to your domain reseller business would be to sell web hosting services as well. In this way, you can give a package deal to persons who wish to set up their site and demand both a domain name and a web space hosting package. A number of companies furnish such options. With 'ResellersPanel', for instance, you can run a Virtual Server or a dedicated server, and they will also give you a domain reseller account and charge-free billing transaction software to charge your clients. You can then sell domain names and shared hosting packages to customers, and since they offer lots of diverse domain name extensions, you will be able to offer domain name and hosting services to clients from all over the world.