Domain name reseller
The Internet is an ever-increasing network that furnishes new opportunities to gain money on the Internet. One of these opportunities is to be a domain reseller and offer domains to end users, gaining revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered every day, and there are 1 000 000's of presently functioning domains, so this is a blossoming trading niche that you can become engaged 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 pick domain.com, for example, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The gTLDs include the most popular domain extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs involve 2-letter abbreviations that represent each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a ccTLD, has a Registry - an organization that manages the registrations and determines the preconditions that each given Top-Level Domain may contain, like the duration of the registration term or the residency of the registrant. A number of Registrar corporations work under the Registry. These are the firms that actually offer the domain name to customers and administer all domain resource records.
Gain Cash From Offering Domain Names
A lot of Registrars have reseller programs that allow individuals to gain cash from selling domains to end clients. If you sign up for such a program, you can set up your very own e-business. Regularly, a domain will cost less if it is registered through a reseller rather than if it is bought directly from the Registrar by an end customer. The reason is that resellers can contact more individuals in local districts or countries where the Registrar may not be famous at all. This implies more sales for the Registrar, so both parties will capitalize on that. Your revenue will be the difference between the price that the client pays and the one that the Registrar charges for the domain registration.
Offer TLDs Under Your Personal Brand Name
When you sign up for a domain reseller program, you will obtain a web page hosting CP where you can select the prices for the separate top-level domain names that the Registrar provides. Most companies also provide invoice management software and website skins for your virtual shop, and the automation of the whole process combined with the strong demand for domains render the domain name reseller market niche so desirable. You will either get a ready-for-use website and avail of the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your very own personal website and form for placing orders. Commonly, you have the option to pick between the two options, so it all revolves around how proficient you are in these issues. As a domain name reseller, you will operate under your own personal brand and not on behalf of the Registrar's brand.
Earn Revenue From Trading Web Space Hosting Packages Too
A proper supplement to your domain reseller business would be to sell web hosting solutions as well. Thus, you can give a package deal to customers who wish to run their website and need both a domain and a site hosting plan. Certain companies furnish such options. With 'ResellersPanel', for example, you can run a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and charge-free invoicing transaction software to bill your clients. You can then offer Top-Level Domains and shared hosting plans to clients, and since they offer plenty of different domain name extensions, you will be able to offer domain and hosting services to individuals from all around the globe.