Domain name reseller
The Internet is an ever-enlarging community that provides new possibilities to earn money online. One of these ways is to become a domain reseller and offer domain names to end users, making profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered every day, and there are 1 000 000's of presently functioning domains, so this is an expanding trading niche that you can be a part of.
Top-Level and Second-Level Domains
A domain name is composed of two pieces - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The gTLDs include the most common domain extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains involve two-letter abbreviations that symbolize each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a country-code TLD, has a Registry - an institution that tackles the registrations and determines the prerequisites that each given top-level domain name may include, among them the duration of the registration period or the residency of the registrant. Certain Registrar firms operate under the Registry. These are the firms that in fact sell the domain name to customers and manage all domain resource records.
Make Money From Reselling Domain Names
Lots of Registrars have reseller programs that enable people to gain money from selling domains to end users. If you sign up for such a program, you can set up your very own e-business. Regularly, a domain will be cheaper if it is registered via a reseller rather than if it is bought directly from the Registrar by an end customer. The reason is that resellers can contact more individuals in local regions or countries where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides will profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar levies for the domain name registration.
Trade Domain Names On Behalf Of Your Own Brand Name
When you subscribe to a domain name reseller program, you will acquire a website hosting CP where you can choose the prices for the various TLDs that the Registrar provides. Most firms also provide invoice transaction software and site templates for your web shop, and the automation of the whole procedure coupled with the increasing demand for domains make the domain name reseller business so alluring. You will either receive a pre-made site and make use 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 website and form for placing orders. Typically, you have the option to pick between the two alternatives, so it all depends on how trained you are in these things. As a domain name reseller, you will operate under your personal brand name and not under the Registrar's.
Gain Money From Providing Web Hosting Packages As Well
An adequate addition to your domain reseller business would be to sell web hosting packages as well. Thus, you can give a package deal to clients who wish to build their web site and demand both a domain name and a webspace hosting plan. Particular firms offer such options. With 'ResellersPanel', for instance, you can have a VPS 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 TLDs and shared hosting accounts to clients, and since they provide many different domain name extensions, you will be able to provide domain name and hosting services to clients from all over the globe.