Domain name reseller
The World Wide Web is an ever-expanding system that provides new ways to gain cash on the Web. One of them is to become a domain reseller and offer domain names to end users, earning profit from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered every day, and there are millions of currently functioning domains, so this is a flourishing business niche that you can become a part of.
TLDs and SLDs
A domain comprises 2 constituents - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".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 comprise the most widespread domain extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs include 2-character abbreviations that represent each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a country-code Top-Level Domain, has a Registry - an institution that deals with the registrations and sets the requirements that each given Top-Level Domain may entail, such as the duration of the registration term or the residency of the registrant. Certain Registrar corporations work under the Registry. These are the companies that actually offer the domain name to customers and administer all DNS resource records.
Gain Cash From Trading Domain Names
Lots of Registrars have reseller programs that permit people to gain profit from selling domain names to end customers. If you register with such a program, you can initiate your own personal electronic business. Normally, a domain will cost less if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end user. The explanation is that resellers can contact more users in provinces or states where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides will cash in 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 name registration.
Resell Domain Names Under Your Own Personal Brand Name
When you sign up for a domain name reseller program, you will obtain a web hosting CP where you can select the prices for the separate TLDs that the Registrar offers. Most corporations also offer invoicing software and web design themes for your virtual shop, and the automation of the whole process together with the towering demand for domains render the domain name reseller business niche so seductive. You will either get a turn-key website and make use of the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your own personal website and form for placing orders. Commonly, you have the option to choose between the 2 possibilities, so it all depends on how practiced you are in these affairs. As a domain name reseller, you will do business on behalf of your very own personal brand and not on behalf of the Registrar's brand.
Earn Cash From Promoting Web Hosting Accounts Too
A sensible supplement to your domain reseller business would be to sell web hosting packages as well. Thereby, you can offer a package deal to persons who want to have their site and require both a domain and a web space hosting package. A number of companies furnish such options. With 'ResellersPanel', for example, you can buy a VPS or a dedicated server, and they will also give you a domain name reseller account and free-of-cost invoicing transaction software to bill your clients. You can then offer Top-Level Domains and shared web hosting packages to clients, and since they offer lots of different domain extensions, you will be able to provide domain and hosting services to customers from all over the world.