Domain name reseller
The World Wide Web is an ever-growing network that supplies new possibilities to gain cash on the Web. One of them is to become a domain reseller and offer domains to end users, generating profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered each and every day, and there are 1 000 000's of presently active domain names, so this is a thriving trading niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain is made of two constituents - 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.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The gTLDs comprise the most widespread domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains contain 2-letter abbreviations that correspond to each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code TLD, has a Registry - an organization that administers the registrations and sets the requirements that each given top-level domain name may include, like the length of the registration term or the citizenship of the registrant. Certain Registrar firms operate under the Registry. These are the firms that actually offer the domain name to customers and manage all domain records.
Gain Profit From Reselling Domain Names
Plenty of Registrars have reseller programs that permit individuals to gain money from offering domain names to end users. If you subscribe to such a program, you can kickstart your own e-business. Commonly, a domain will be cheaper if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end user. The reason is that resellers can reach more individuals in regional districts or countries where the Registrar may not be known at all. This means more sales for the Registrar, so both parties will earn a profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar imposes for the domain registration.
Offer Top-Level Domain Names Under Your Own Personal Trademark Name
When you register with a domain reseller program, you will have a website hosting Control Panel where you can fix the prices for the separate top-level domain names that the Registrar offers. Most corporations also offer invoicing transaction software and web site skins for your online shop, and the automation of the entire process together with the growing demand for domains render the domain reseller business niche so desirable. You will either get a turn-key website and avail of the Registrar platform to resell domains, or they will give you access to their API (Application Programming Interface) so that you can make your very own personal web page and order form. Commonly, you have the opportunity to choose between the two options, so it all depends on how skillful you are in these things. As a domain reseller, you will do business under your very own personal brand and not under the Registrar's.
Make Revenue From Promoting Webspace Hosting Packages As Well
A logical supplement to your domain name reseller business would be to sell web hosting solutions too. In this way, you can offer a package deal to people who desire to run their online portal and need both a domain name and a web space hosting account. Certain corporations offer such options. With 'ResellersPanel', for example, you can buy a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and charge-free billing management software to charge your clients. You can then offer domain names and shared website hosting packages to clients, and since they offer a lot of different domain name extensions, you will be able to provide domain and hosting services to people from all over the world.