Domain reseller
The World Wide Web is an ever-increasing network that furnishes new possibilities to gain cash on the Web. One of these options is to become a domain name reseller and offer domains to end users, gaining profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered each and every day, and there are millions of presently active domains, so this is a growing business niche that you can become a part of.
Top-Level and Second-Level Domains
A domain name involves two pieces - a top-level domain name (TLD) and a second-level domain name (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 Top-Level Domains can be generic or country code. The generic top-level domain names include the most conventional domain name extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs are made of two-letter abbreviations that symbolize each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a country-code one, has a Registry - an institution that deals with the registrations and determines the prerequisites that each particular top-level domain name may involve, including the duration of the registration term or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the corporations that in fact sell the domain name to clients and manage all domain records.
Gain Money From Selling Domain Names
Lots of Registrars have reseller programs that enable individuals to earn cash from offering domains to end customers. If you register with such a program, you can launch your very own electronic business. Generally, a domain will be cheaper 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 contact more people in regions or countries where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both parties will make a profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar levies for the domain registration.
Resell Top-Level Domains On Behalf Of Your Own Personal Trademark Name
When you subscribe to a domain name reseller program, you will acquire a webspace hosting CP where you can set the prices for the individual top-level domain names that the Registrar offers. Most companies also provide invoice management software and web site layouts for your online storefront, and the automation of the entire process combined with the big demand for domains render the domain name reseller market niche so seductive. You will either have a pre-built web site and avail of the Registrar system to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your own portal and order form. Typically, you have the option to select between the 2 options, so it all depends on how advanced you are in these affairs. As a domain reseller, you will work on behalf of your very own brand and not under the Registrar's.
Make Profit From Providing Web Space Hosting Plans As Well
A relevant supplement to your domain name reseller business would be to sell web hosting packages too. Thus, you can offer a package deal to customers who want to establish their web page and require both a domain name and a web page hosting account. Some firms have 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 name reseller account and free-of-cost invoicing transaction software to bill your customers. You can then offer TLDs and shared hosting plans to customers, and since they offer lots of diverse domain name extensions, you will be able to provide domain name and hosting services to individuals from all around the globe.