Domain name reseller
The Internet is an ever-expanding network that generates new opportunities to earn money on the Internet. One of these opportunities is to become a domain name reseller and offer domain names to end users, making revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each day, and there are 1 000 000's of presently functioning domain names, so this is a growing trading niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain involves two pieces - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic TLDs include the most famous domain name extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs are made of two-letter abbreviations that denote each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a ccTLD, has a Registry - an institution that handles the registrations and determines the requirements that each concrete TLD may entail, such as the length of the registration period or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the corporations that actually sell the domain name to customers and administer all DNS resource records.
Earn Money From Trading Domains
Multiple Registrars have reseller programs that permit individuals to earn profit from selling domain names to end clients. If you sign up for such a program, you can set up your very own personal e-business. Commonly, a domain name will cost less if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end customer. The cause is that resellers can contact more clients in areas or countries where the Registrar may not be known at all. This means more sales for the Registrar, so both sides will profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar levies for the domain registration.
Trade TLDs On Behalf Of Your Own Brand Name
When you register with a domain name reseller program, you will have a site hosting Control Panel where you can select the prices for the various Top-Level Domains that the Registrar provides. Most firms also offer invoicing transaction software and website templates for your virtual storefront, and the automation of the whole process coupled with the proliferating demand for domains render the domain name reseller market niche so desirable. You will either acquire a ready-to-use site and use the Registrar system to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can set up your own site and form for placing orders. Normally, you have the option to pick between the two possibilities, so it all revolves around how accomplished you are in these issues. As a domain reseller, you will do business on behalf of your very own brand and not under the Registrar's.
Gain Cash From Supplying Webspace Hosting Plans As Well
A nice addition to your domain reseller business would be to sell web hosting services as well. Thereby, you can offer a package deal to clients who wish to set up their web page and need both a domain name and a web page hosting account. Given corporations furnish such options. With 'ResellersPanel', for example, you can have a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and free invoicing transaction software to bill your customers. You can then offer TLDs and shared website hosting plans to customers, and since they offer plenty of different domain extensions, you will be able to provide domain and hosting services to users from all over the globe.