Domain name reseller
The World Wide Web is an ever-developing community that delivers new options to make cash on the Web. One of these ways is to become a domain reseller and sell domain names to end users, earning revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered every day, and there are 1 000 000's of presently functioning domain names, so this is a thriving business niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain includes 2 entities - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The gTLDs include the most widespread domain name extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs involve 2-character abbreviations that represent 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 gTLD or a country-code top-level domain name, has a Registry - an institution that manages the registrations and sets the prerequisites that each particular TLD may contain, including the length of the registration term or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the companies that in fact offer the domain name to customers and administer all domain name records.
Gain Money From Offering Domains
Multiple Registrars have reseller programs that allow people to make money from offering domains to end customers. If you subscribe to such a program, you can set up your very own Internet business. Generally, 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 client. The cause is that resellers can contact more users in regional communities or states where the Registrar may not be popular at all. 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 charges for the domain name registration.
Trade TLDs Under Your Personal Trademark Name
When you register with a domain name reseller program, you will get a web page hosting CP where you can select the prices for the different TLDs that the Registrar provides. Most companies also provide invoice management software and web design templates for your web storefront, and the automation of the whole process coupled with the towering demand for domain names make the domain reseller business so alluring. You will either have a ready-for-use web site and utilize the Registrar system to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can set up your own web page and form for placing orders. Generally, you have the opportunity to select between the 2 options, so it all depends on how skillful you are in these affairs. As a domain name reseller, you will sell on behalf of your own personal brand and not under the Registrar's brand.
Gain Money From Promoting Site Hosting Packages Too
A nice addition to your domain name reseller business would be to sell web hosting accounts as well. Thus, you can offer a package deal to clients who wish to manage their website and need both a domain and a web site hosting plan. Given corporations have such options. With 'ResellersPanel', for instance, you can run a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and free-of-cost billing transaction software to bill your clients. You can then offer domain names and shared hosting packages to customers, and since they provide plenty of different domain extensions, you will be able to provide domain and hosting services to customers from all over the world.