Domain name reseller
The Internet is an ever-expanding network that furnishes new ways to earn money on the Web. One of these possibilities is to become a domain reseller and sell domains to end users, generating 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 millions of currently functioning domain names, so this is a developing trading niche that you can become a part of.
Top-Level and Second-Level Domains
A domain is composed of 2 constituents - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic Top-Level Domains comprise the most conventional domain name extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs contain two-character abbreviations that denote each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a country-code one, has a Registry - an organization that administers the registrations and sets the prerequisites that each concrete TLD may involve, among them the duration of the registration period or the citizenship of the registrant. Certain Registrar companies operate under the Registry. These are the corporations that in fact offer the domain name to customers and handle all domain records.
Gain Cash From Selling Domain Names
Many Registrars have reseller programs that allow individuals to gain cash from offering domain names to end clients. If you subscribe to such a program, you can establish your very own personal Internet business. Usually, 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 explanation is that resellers can reach more persons in local districts or countries where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both sides will capitalize on that. Your profit will be the difference between the price that the user pays and the one that the Registrar charges for the domain registration.
Offer Top-Level Domain Names Under Your Own Brand
When you sign up for a domain reseller program, you will receive a webspace hosting Control Panel where you can choose the prices for the separate Top-Level Domains that the Registrar provides. Most companies also provide invoice software and site layouts for your online store, and the automation of the entire process together with the strong demand for domains render the domain name reseller market niche so tempting. You will either have a ready-for-use site and utilize the Registrar system to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can build your very own web site and order form. Traditionally, you have the opportunity to decide between the 2 possibilities, so it all revolves around how experienced you are in these matters. As a domain reseller, you will work under your own personal brand and not under the Registrar's.
Gain Cash From Selling Web Space Hosting Plans Too
A perfect supplement to your domain name reseller business would be to sell web hosting packages too. Thereby, you can give a package deal to customers who would like to make their web site and demand both a domain and a web site hosting package. Some companies supply such options. With 'ResellersPanel', for instance, you can buy a VPS or a dedicated server, and they will also offer you a domain name reseller account and free invoice software to bill your clients. You can then offer TLDs and shared web hosting packages to clients, and since they provide plenty of different domain name extensions, you will be able to offer domain and hosting services to persons from all over the globe.