Domain name reseller
The World Wide Web is an ever-developing network that provides new opportunities to gain money online. One of these options is to become a domain reseller and offer domain names to end clients, making revenue from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered each day, and there are 1 000 000's of currently active domain names, so this is an expanding trading niche that you can become engaged in.
TLDs and SLDs
A domain name involves 2 parts - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The gTLDs comprise the most widespread domain extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs 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 name, has a Registry - an organization that is responsible for the registrations and sets the preconditions that each specific top-level domain name may involve, like the duration of the registration period or the residency of the registrant. A number of Registrar companies work under the Registry. These are the companies that in fact offer the domain name to clients and handle all DNS resource records.
Make Money From Trading Domains
Multiple Registrars have reseller programs that enable individuals to gain profit from selling domain names to end clients. If you register with such a program, you can establish your very own personal online business. As a rule, a domain name will be more inexpensive if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end user. The reason is that resellers can reach more customers in local regions or states where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both parties will capitalize on that. Your profit will be the difference between the price that the user pays and the one that the Registrar requires for the domain name registration.
Trade Top-Level Domains On Behalf Of Your Own Brand
When you subscribe to a domain reseller program, you will acquire a web page hosting Control Panel where you can set the prices for the different top-level domain names that the Registrar provides. Most corporations also offer invoice transaction software and web page themes for your web store, and the automation of the whole process coupled with the proliferating demand for domain names render the domain name reseller industry so tempting. You will either have a turn-key website and use the Registrar system to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can set up your own portal and form for placing orders. Commonly, you have the opportunity to select between the two options, so it all revolves around how trained you are in these things. As a domain reseller, you will operate on behalf of your very own brand name and not under the Registrar's.
Gain Money From Trading Web Space Hosting Packages Too
A perfect addition to your domain name reseller business would be to sell web hosting solutions as well. Thus, you can give a package deal to individuals who desire to run their web site and need both a domain and a site hosting account. Particular firms have such options. With 'ResellersPanel', for example, you can run a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and cost-free invoice transaction software to bill your clients. You can then offer Top-Level Domains and shared web hosting packages to clients, and since they offer plenty of diverse domain name extensions, you will be able to offer domain name and hosting services to clients from all around the globe.