Domain name reseller
The World Wide Web is an ever-expanding platform that furnishes new possibilities to earn money on the Web. One of these ways is to be a domain reseller and offer domain names to end clients, generating profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered each and every day, and there are 1 000 000's of currently active domains, so this is an enlarging trading niche that you can become a part of.
Top-Level and Second-Level Domains
A domain comprises 2 entities - 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 Domain Names
The Top-Level Domains can be generic or country code. The generic top-level domain names comprise the most popular domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs are made of two-letter abbreviations that symbolize each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a ccTLD, has a Registry - an organization that manages the registrations and determines the preconditions that each particular top-level domain name may impose, among them the length of the registration term or the residency of the registrant. Certain Registrar firms operate under the Registry. These are the companies that in fact sell the domain name to customers and administer all domain name records.
Earn Cash From Offering Domain Names
A lot of Registrars have reseller programs that allow individuals to make revenue from selling domains to end customers. If you register with such a program, you can start your own online business. Normally, a domain name will be more inexpensive if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end user. The explanation is that resellers can reach more persons in local regions or states where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both sides will profit from 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.
Offer Top-Level Domains Under Your Personal Brand Name
When you subscribe to a domain reseller program, you will obtain a site hosting Control Panel where you can set the prices for the separate Top-Level Domains that the Registrar provides. Most companies also provide invoice transaction software and design skins for your virtual shop, and the automation of the whole process combined with the large demand for domain names render the domain name reseller market niche so alluring. You will either get a pre-developed site and use the Registrar platform to resell domains, or they will give you access to their API (Application Programming Interface) so that you can create your very own personal site and order form. Normally, you have the opportunity to decide between the two possibilities, so it all revolves around how expert you are in these affairs. As a domain reseller, you will do business under your personal brand name and not on behalf of the Registrar's brand.
Gain Money From Offering Web Site Hosting Services As Well
A sensible addition to your domain reseller business would be to sell web hosting packages too. Thus, you can offer a package deal to users who desire to make their web portal and need both a domain name and a website hosting account. Particular companies supply such options. With 'ResellersPanel', for example, you can manage a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and charge-free invoice management software to bill your customers. You can then offer Top-Level Domains and shared web hosting plans to customers, and since they offer plenty of diverse domain name extensions, you will be able to offer domain and hosting services to people from all over the globe.