Domain name reseller
The Internet is an ever-expanding system that delivers new opportunities to gain cash online. One of these options is to be a domain reseller and offer domain names to end users, earning profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered each and every day, and there are millions of presently functioning domains, so this is a growing trading niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain involves two pieces - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic TLDs include the most widely used domain name extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs include two-letter abbreviations that correspond to each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a country-code Top-Level Domain, has a Registry - an organization that tackles the registrations and determines the preconditions that each specific top-level domain name may include, like the length of the registration term or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the companies that in fact sell the domain name to clients and manage all DNS records.
Gain Profit From Selling Domains
Lots of Registrars have reseller programs that enable individuals to earn revenue from selling domains to end users. If you subscribe to such a program, you can establish your own electronic business. Commonly, a domain will be cheaper 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 contact more individuals in provinces or countries where the Registrar may not be known at all. This means more sales for the Registrar, so both sides will take advantage of that. Your profit will be the difference between the price that the user pays and the one that the Registrar levies for the domain registration.
Trade Top-Level Domains Under Your Personal Brand Name
When you register with a domain name reseller program, you will get a web hosting Control Panel where you can set the prices for the different TLDs that the Registrar offers. Most firms also offer billing management software and web layouts for your virtual shop, and the automation of the entire process combined with the swelling demand for domains make the domain reseller market niche so attractive. You will either have a pre-made web site and avail of the Registrar platform to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can set up your very own web portal and order form. Commonly, you have the option to pick between the 2 alternatives, so it all depends on how accomplished you are in these issues. As a domain name reseller, you will do business on behalf of your own personal trademark name and not under the Registrar's brand.
Earn Revenue From Trading Hosting Accounts Too
An appropriate addition to your domain reseller business would be to sell web hosting packages too. In this way, you can give a package deal to persons who wish to develop their online portal and require both a domain and a webspace hosting plan. Given companies offer such options. With 'ResellersPanel', for instance, you can manage a Virtual Server or a dedicated server, and they will also give you a domain reseller account and free-of-cost invoice transaction software to charge your clients. You can then sell domain names and shared website hosting accounts to customers, and since they offer a lot of different domain extensions, you will be able to provide domain and hosting services to customers from all over the globe.