Domain name reseller
The World Wide Web is an ever-developing community that generates new options to earn cash on the Web. One of these possibilities is to be a domain name reseller and offer domains to end users, generating revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered every day, and there are 1 000 000's of presently functioning domain names, so this is an expanding trading niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain name contains 2 entities - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic Top-Level Domains comprise the most popular domain name extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains contain 2-letter abbreviations that represent each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code Top-Level Domain, has a Registry - an institution that administers the registrations and sets the requirements that each concrete TLD may involve, including the length of the registration term or the residency of the registrant. Certain Registrar firms operate under the Registry. These are the companies that in fact offer the domain name to customers and administer all domain name resource records.
Gain Money From Offering Domains
Many Registrars have reseller programs that enable people to make revenue from offering domains to end clients. If you sign up for such a program, you can launch your very own personal Internet business. Commonly, a domain name will be more inexpensive if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end customer. The cause is that resellers can reach more customers in local communities or states where the Registrar may not be popular at all. This implies more sales for the Registrar, so both sides will benefit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar levies for the domain name registration.
Offer Top-Level Domain Names Under Your Own Personal Trademark Name
When you subscribe to a domain reseller program, you will get a site hosting CP where you can choose the prices for the separate top-level domain names that the Registrar provides. Most companies also provide invoicing software and skins for your online shop, and the automation of the whole process coupled with the significant demand for domain names make the domain name reseller industry so tempting. You will either have a ready-to-use site and utilize the Registrar system to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can make your very own personal web page and order form. Traditionally, you have the opportunity to select between the 2 alternatives, so it all depends on how skilled you are in these matters. As a domain name reseller, you will do business under your very own personal trademark name and not under the Registrar's brand.
Earn Cash From Offering Web Page Hosting Accounts Too
A relevant supplement to your domain name reseller business would be to sell web hosting services too. Thereby, you can give a package deal to people who desire to develop their web portal and need both a domain name and a web space hosting account. A number of companies supply such options. With 'ResellersPanel', for example, you can run a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and charge-free billing software to charge your clients. You can then offer top-level domain names and shared website hosting packages to clients, and since they offer lots of diverse domain name extensions, you will be able to offer domain name and hosting services to people from all around the world.