Domain name reseller
The World Wide Web is an ever-growing system that supplies new options to earn money online. One of these options is to be a domain name reseller and offer domain names to end customers, generating revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered every day, and there are 1 000 000's of currently functioning domain names, so this is an expanding trading niche that you can be a part of.
Top-Level and Second-Level Domains
A domain name comprises two entities - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic Top-Level Domains include the most famous domain name extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs involve two-letter abbreviations that represent 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 manages the registrations and determines the requirements that each concrete Top-Level Domain may entail, including the duration of the registration term or the residency of the registrant. Certain Registrar firms work under the Registry. These are the corporations that in fact sell the domain name to clients and administer all domain name resource records.
Make Revenue From Trading Domains
A lot of Registrars have reseller programs that permit individuals to earn revenue from selling domain names to end users. If you register with such a program, you can start your own personal electronic business. Commonly, a domain name will be more inexpensive if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end user. The cause is that resellers can contact more people in provinces or states where the Registrar may not be popular at all. This means more sales for the Registrar, so both sides will earn a 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.
Sell Top-Level Domain Names On Behalf Of Your Own Personal Brand Name
When you register with a domain name reseller program, you will have a website hosting CP where you can determine the prices for the different TLDs that the Registrar provides. Most corporations also offer invoice software and design themes for your online storefront, and the automation of the whole process together with the enlarging demand for domains render the domain name reseller industry so desirable. You will either obtain a ready-for-use website and use the Registrar system to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can set up your very own personal web page and order form. Commonly, you have the option to select between the 2 options, so it all depends on how skillful you are in these matters. As a domain reseller, you will work under your very own personal trademark name and not under the Registrar's brand.
Earn Revenue From Promoting Hosting Accounts Too
An adequate supplement to your domain name reseller business would be to sell web hosting accounts too. In this way, you can give a package deal to customers who would like to have their web page and demand both a domain name and a webspace hosting account. Given firms furnish such options. With 'ResellersPanel', for instance, you can run a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and free invoice transaction software to bill your customers. You can then sell domain names and shared web hosting packages to clients, and since they provide lots of diverse domain name extensions, you will be able to offer domain name and hosting services to individuals from all around the globe.