Domain name reseller
The World Wide Web is an ever-enlarging community that generates new ways to gain money on the Web. One of them is to become a domain reseller and sell domains to end customers, making profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered each day, and there are 1 000 000's of currently active domain names, so this is a flowering trading niche that you can become involved in.
Top-Level and Second-Level Domains
A domain name is made of two constituents - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic top-level domain names comprise the best known domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains contain 2-character abbreviations that signify each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a country-code one, has a Registry - an institution that administers the registrations and determines the prerequisites that each particular TLD may include, such as the duration of the registration period or the residency of the registrant. A number of Registrar companies operate under the Registry. These are the companies that actually offer the domain name to customers and handle all domain name records.
Make Revenue From Offering Domain Names
Many Registrars have reseller programs that permit individuals to make cash from selling domains to end users. If you register with such a program, you can start your own personal electronic business. Usually, a domain name will be cheaper if it is registered via a reseller rather than if it is bought directly from the Registrar by an end user. The cause is that resellers can contact more users in provinces or states where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both parties will capitalize on that. Your profit will be the difference between the price that the client pays and the one that the Registrar imposes for the domain registration.
Resell TLDs On Behalf Of Your Personal Trademark Name
When you subscribe to a domain name reseller program, you will have a webspace hosting CP where you can choose the prices for the individual Top-Level Domains that the Registrar provides. Most corporations also offer invoice software and website themes for your online store, and the automation of the whole process together with the high demand for domain names render the domain name reseller business niche so seductive. You will either acquire a pre-developed site and avail of the Registrar system to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can create your own web portal and order form. Generally, you have the opportunity to choose between the two options, so it all revolves around how trained you are in these affairs. As a domain reseller, you will operate on behalf of your very own personal trademark name and not on behalf of the Registrar's brand.
Make Money From Selling Web Site Hosting Solutions As Well
A logical supplement to your domain reseller business would be to sell web hosting services too. Thereby, you can offer a package deal to people who desire to make their site and demand both a domain name and a web page hosting package. Certain corporations have such options. With 'ResellersPanel', for example, you can purchase a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and cost-free invoice software to bill your customers. You can then sell TLDs and shared website hosting packages to clients, and since they offer plenty of diverse domain extensions, you will be able to offer domain name and hosting services to customers from all over the world.