Domain name reseller
The World Wide Web is an ever-developing system that furnishes new ways to gain money on the Web. One of them is to be a domain name reseller and sell domains to end users, earning profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered each day, and there are 1 000 000's of currently active domain names, so this is a thriving business niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain consists of two entities - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the second-level domain name.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The gTLDs include the most widely used domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names are composed of two-character abbreviations that stand for each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic Top-Level Domain or a country-code Top-Level Domain, has a Registry - an organization that is responsible for the registrations and determines the preconditions that each particular Top-Level Domain may have, among them the duration of the registration period or the citizenship of the registrant. Certain Registrar firms work under the Registry. These are the companies that in fact offer the domain name to clients and administer all domain records.
Earn Money From Reselling Domains
Multiple Registrars have reseller programs that allow people to earn cash from selling domain names to end users. If you sign up for such a program, you can kick off your own personal web business. Regularly, a domain name will be cheaper if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end client. The reason is that resellers can contact more customers in local districts or states where the Registrar may not be known at all. This means more sales for the Registrar, so both parties will take advantage of 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 Under Your Personal Trademark Name
When you sign up for a domain name reseller program, you will have a webspace hosting Control Panel where you can fix the prices for the separate TLDs that the Registrar provides. Most corporations also offer invoice software and web design templates for your web store, and the automation of the entire process coupled with the large demand for domain names make the domain reseller market niche so tempting. You will either receive a pre-made web site and use the Registrar system to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can build your very own web page and form for placing orders. Usually, you have the opportunity to select between the two alternatives, so it all depends on how trained you are in these issues. As a domain reseller, you will work on behalf of your very own brand name and not under the Registrar's brand.
Gain Revenue From Trading Website Hosting Packages Too
A relevant addition to your domain name reseller business would be to sell web hosting plans as well. Thus, you can offer a package deal to users who wish to develop their web site and need both a domain name and a webspace hosting package. Some firms provide such options. With 'ResellersPanel', for example, you can manage a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and free invoice management software to charge your clients. You can then offer domains and shared website hosting packages to clients, and since they provide plenty of different domain name extensions, you will be able to offer domain name and hosting services to individuals from all around the world.