Domain name reseller
The World Wide Web is an ever-flourishing network that furnishes new opportunities to earn money on the Web. One of these opportunities is to become a domain reseller and offer domains to end clients, generating revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered each day, and there are 1 000 000's of currently active domain names, so this is an expanding business niche that you can be involved in.
Top-Level and Second-Level Domains
A domain name consists of two parts - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The gTLDs include the most common domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs consist of two-letter abbreviations that signify each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code top-level domain name, has a Registry - an institution that handles the registrations and sets the preconditions that each concrete top-level domain name may have, such as the duration of the registration period or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the firms that actually offer the domain name to customers and handle all domain records.
Make Cash From Trading Domains
Plenty of Registrars have reseller programs that permit people to gain cash from offering domains to end clients. If you sign up for such a program, you can commence your very own Internet business. Typically, a domain will be more inexpensive if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end client. The explanation is that resellers can reach more people in local regions or countries where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both sides will cash in on that. Your profit will be the difference between the price that the customer pays and the one that the Registrar requires for the domain registration.
Offer Top-Level Domains On Behalf Of Your Own Personal Trademark Name
When you register with a domain reseller program, you will receive a Control Panel where you can fix the prices for the various TLDs that the Registrar provides. Most companies also offer billing management software and skins for your web store, and the automation of the whole procedure combined with the towering demand for domain names render the domain name reseller market niche so attractive. You will either have a pre-developed web 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 own web page and form for placing orders. Normally, you have the option to select between the two possibilities, so it all revolves around how skillful you are in these things. As a domain name reseller, you will do business under your very own brand and not under the Registrar's brand.
Make Money From Providing Website Hosting Solutions As Well
A sensible addition to your domain reseller business would be to sell web hosting solutions too. In this way, you can give a package deal to customers who wish to have their website and need both a domain name and a webspace hosting plan. Certain firms have such options. With 'ResellersPanel', for example, you can order a VPS or a dedicated server, and they will also give you a domain reseller account and free-of-charge billing transaction software to bill your clients. You can then sell Top-Level Domains and shared website hosting plans to clients, and since they provide a lot of diverse domain extensions, you will be able to offer domain name and hosting services to people from all around the world.