Domain name reseller
The World Wide Web is an ever-increasing platform that offers new possibilities to make cash on the Web. One of them is to become a domain name reseller and sell domains to end users, generating profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered every day, and there are millions of presently active domain names, so this is a blossoming business niche that you can be involved in.
Top-Level and Second-Level Domains
A domain contains two components - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the SLD.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains include the most widely used domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names contain 2-character abbreviations that signify each country. Examples of country-code Top-Level Domains 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 prerequisites that each concrete top-level domain name may impose, such as the duration of the registration term or the citizenship of the registrant. A number of Registrar firms work under the Registry. These are the firms that actually sell the domain name to customers and handle all domain name records.
Make Profit From Selling Domain Names
Plenty of Registrars have reseller programs that enable people to make money from offering domains to end users. If you subscribe to such a program, you can set up your own web business. Typically, a domain name will be more inexpensive if it is registered via a reseller rather than if it is bought directly from the Registrar by an end user. The explanation is that resellers can contact more people in local regions or countries where the Registrar may not be known at all. This means more sales for the Registrar, so both parties will benefit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar requires for the domain registration.
Offer Domain Names Under Your Own Trademark Name
When you sign up for a domain reseller program, you will have a webspace hosting Control Panel where you can select the prices for the individual TLDs that the Registrar offers. Most corporations also provide invoice software and site themes for your online shop, and the automation of the whole process together with the towering demand for domain names make the domain name reseller business so attractive. You will either have a ready-to-use site and utilize the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your own portal and order form. Generally, you have the option to choose between the 2 options, so it all depends on how experienced you are in these matters. As a domain reseller, you will operate under your own brand name and not on behalf of the Registrar's brand.
Gain Money From Trading Web Page Hosting Services As Well
A sensible addition to your domain reseller business would be to sell web hosting accounts as well. In this way, you can offer a package deal to users who would like to build their web portal and demand both a domain name and a web site hosting package. Certain companies furnish such options. With 'ResellersPanel', for instance, you can order a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and free-of-charge billing transaction software to charge your clients. You can then offer TLDs and shared hosting packages to clients, and since they provide lots of diverse domain extensions, you will be able to provide domain name and hosting services to people from all around the globe.