Domain name reseller
The World Wide Web is an ever-enlarging network that delivers new opportunities to gain money online. One of these possibilities is to be a domain name reseller and sell domains to end clients, generating profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered each and every day, and there are 1 000 000's of presently functioning domain names, so this is an expanding trading niche that you can become involved in.
Top-Level and Second-Level Domains
A domain name involves two entities - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic Top-Level Domains include the most popular domain extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs are made of two-character abbreviations that represent each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a country-code TLD, has a Registry - an organization that administers the registrations and sets the prerequisites that each given top-level domain name may contain, including the duration of the registration term or the residency of the registrant. Certain Registrar corporations work under the Registry. These are the companies that actually sell the domain name to clients and manage all domain records.
Make Money From Reselling Domain Names
Lots of Registrars have reseller programs that allow individuals to earn cash from offering domain names to end users. If you register with such a program, you can commence your own web business. Normally, a domain will cost less if it is registered via a reseller rather than if it is bought straight from the Registrar by an end client. The reason is that resellers can contact more clients in local districts or countries where the Registrar may not be popular at all. This implies more sales for the Registrar, so both parties will make a profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar levies for the domain registration.
Trade Top-Level Domain Names Under Your Personal Brand Name
When you register with a domain reseller program, you will obtain a CP where you can determine the prices for the different Top-Level Domains that the Registrar provides. Most corporations also provide billing software and web themes for your web store, and the automation of the whole procedure together with the expanding demand for domains make the domain name reseller market niche so tempting. You will either acquire a ready-made website and avail of 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 own portal and form for placing orders. Generally, you have the option to choose between the two alternatives, so it all revolves around how skillful you are in these things. As a domain reseller, you will sell on behalf of your personal brand name and not on behalf of the Registrar's.
Gain Profit From Promoting Web Page Hosting Services As Well
An adequate supplement to your domain reseller business would be to sell web hosting plans too. In this way, you can give a package deal to persons who wish to make their web page and demand both a domain name and a site hosting plan. A few companies provide such options. With 'ResellersPanel', for example, you can have a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and free-of-cost billing management software to bill your customers. You can then offer top-level domain names and shared website hosting packages to clients, and since they provide lots of different domain extensions, you will be able to offer domain name and hosting services to clients from all over the world.