Domain name reseller
The Internet is an ever-expanding system that generates new ways to make cash on the Internet. One of these opportunities is to become a domain reseller and offer domain names to end clients, gaining profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered each day, and there are 1 000 000's of presently active domain names, so this is a developing trading niche that you can be involved in.
Top-Level and Second-Level Domains
A domain is made of two pieces - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic Top-Level Domains comprise the most popular domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names are composed of 2-letter abbreviations that represent 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 Top-Level Domain or a country-code Top-Level Domain, has a Registry - an institution that tackles the registrations and sets the requirements that each specific top-level domain name may entail, including the length of the registration period or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the companies that actually sell the domain name to customers and manage all domain records.
Make Money From Trading Domain Names
Many Registrars have reseller programs that permit people to earn money from selling domain names to end users. If you sign up for such a program, you can commence your own electronic business. Regularly, 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 reason is that resellers can reach more clients in provinces or states where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both parties will cash in on that. Your revenue will be the difference between the price that the user pays and the one that the Registrar requires for the domain registration.
Trade Domain Names On Behalf Of Your Personal Trademark Name
When you register with a domain reseller program, you will acquire a web space hosting Control Panel where you can choose the prices for the individual Top-Level Domains that the Registrar provides. Most companies also provide invoice transaction software and web skins for your online storefront, and the automation of the whole process coupled with the increasing demand for domain names make the domain reseller industry so seductive. You will either receive a turn-key site and use the Registrar platform to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can build your very own personal site and form for placing orders. Normally, you have the opportunity to decide between the two alternatives, so it all revolves around how expert you are in these things. As a domain reseller, you will work on behalf of your own personal trademark name and not on behalf of the Registrar's.
Gain Cash From Promoting Webspace Hosting Plans Too
An excellent addition to your domain reseller business would be to sell web hosting accounts as well. Thus, you can offer a package deal to customers who wish to launch their website and demand both a domain name and a web space hosting plan. Particular firms supply such options. With 'ResellersPanel', for instance, you can run a VPS or a dedicated server, and they will also give you a domain reseller account and free billing transaction software to bill your customers. You can then offer domains and shared web hosting packages to customers, and since they offer a lot of different domain name extensions, you will be able to offer domain and hosting services to clients from all around the globe.