Domain name reseller
The Internet is an ever-flourishing network that delivers new possibilities to gain cash on the Web. One of these ways is to become a domain name reseller and offer domains to end clients, generating revenue 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 millions of presently functioning domains, so this is an expanding business niche that you can become engaged in.
TLDs and SLDs
A domain name consists of 2 constituents - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic Top-Level Domains comprise the most widely used domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains contain 2-letter abbreviations that symbolize each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic Top-Level Domain or a country-code Top-Level Domain, has a Registry - an organization that administers the registrations and sets the preconditions that each given Top-Level Domain may involve, such as the length of the registration term or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the firms that in fact offer the domain name to clients and administer all DNS records.
Gain Money From Trading Domain Names
Lots of Registrars have reseller programs that allow people to earn revenue from offering domains to end users. If you sign up for such a program, you can set up your own web business. As a rule, a domain will cost less if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end user. The reason is that resellers can contact more people in local districts or states where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides will make a profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar requires for the domain name registration.
Resell Domains On Behalf Of Your Own Personal Brand
When you sign up for a domain name reseller program, you will acquire a web hosting Control Panel where you can determine the prices for the individual TLDs that the Registrar offers. Most corporations also offer invoice software and skins for your online shop, and the automation of the whole process combined with the swelling demand for domain names make the domain reseller market niche so seductive. You will either have a ready-to-use site and avail of the Registrar platform to sell domains, or they will give you access to their API (Application Programming Interface) so that you can create your very own personal web site and form for placing orders. Normally, you have the opportunity to choose between the two alternatives, so it all revolves around how expert you are in these matters. As a domain reseller, you will do business under your very own personal brand and not on behalf of the Registrar's.
Gain Profit From Promoting Web Site Hosting Accounts Too
A good supplement to your domain reseller business would be to sell web hosting plans too. In this way, you can offer a package deal to users who wish to have their web site and need both a domain name and a web space hosting account. Certain firms furnish such options. With 'ResellersPanel', for instance, you can order a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost invoice management software to charge your clients. You can then sell Top-Level Domains and shared website hosting plans to clients, and since they provide plenty of diverse domain extensions, you will be able to offer domain and hosting services to clients from all around the globe.