Domain name reseller
The World Wide Web is an ever-flourishing network that offers new options to make money on the Internet. One of these options is to be a domain name reseller and offer domain names to end customers, making profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered each day, and there are 1 000 000's of presently functioning domain names, so this is a flowering business niche that you can become involved in.
Top-Level and Second-Level Domains
A domain name is composed of two pieces - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the SLD.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The gTLDs comprise the most popular domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains are made of 2-character abbreviations that symbolize 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 top-level domain name or a country-code one, has a Registry - an institution that tackles the registrations and determines the prerequisites that each concrete Top-Level Domain may have, like the length of the registration period or the citizenship of the registrant. A number of Registrar corporations operate under the Registry. These are the corporations that actually offer the domain name to customers and handle all DNS records.
Make Cash From Reselling Domains
Many Registrars have reseller programs that enable individuals to gain revenue from offering domains to end clients. If you subscribe to such a program, you can commence your very own personal online business. Normally, a domain name will cost less if it is registered through a reseller rather than if it is bought straight from the Registrar by an end client. The explanation is that resellers can contact more people in local regions or countries where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both sides will cash in on that. Your revenue 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 On Behalf Of Your Personal Brand
When you subscribe to a domain reseller program, you will have a webspace hosting Control Panel where you can determine the prices for the specific top-level domain names that the Registrar provides. Most corporations also provide billing software and web skins for your web store, and the automation of the entire process coupled with the proliferating demand for domain names render the domain name reseller market niche so desirable. You will either get a ready-made web site and utilize the Registrar platform to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your own personal web site and order form. Normally, you have the option to pick between the 2 alternatives, so it all revolves around how accomplished you are in these issues. As a domain name reseller, you will do business under your own personal brand name and not on behalf of the Registrar's brand.
Earn Profit From Trading Webspace Hosting Packages Too
A proper supplement to your domain reseller business would be to sell web hosting solutions too. In this way, you can offer a package deal to clients who desire to establish their web site and need both a domain and a web site hosting account. A few firms supply such options. With 'ResellersPanel', for instance, you can manage a VPS or a dedicated server, and they will also give you a domain reseller account and free invoice management software to charge your customers. You can then offer domains and shared web hosting packages to clients, and since they offer a lot of different domain name extensions, you will be able to offer domain name and hosting services to customers from all over the world.