Domain name reseller
The Internet is an ever-growing system that delivers new possibilities to earn money on the Web. One of these ways is to be a domain reseller and sell domains to end users, earning profit from the difference between the wholesale and the retail price of each 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 an enlarging business niche that you can be a part of.
Top-Level and Second-Level Domains
A domain consists of 2 entities - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most popular domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names contain two-character abbreviations that symbolize each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code top-level domain name, has a Registry - an institution that deals with the registrations and sets the preconditions that each given top-level domain name may entail, including the duration of the registration period or the citizenship of the registrant. A number of Registrar corporations operate under the Registry. These are the corporations that in fact offer the domain name to clients and manage all domain records.
Earn Money From Trading Domain Names
A lot of Registrars have reseller programs that enable people to make cash from offering domains to end users. If you subscribe to such a program, you can launch your own personal electronic business. Normally, a domain name will cost less if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end client. The explanation is that resellers can contact more persons in local regions or countries where the Registrar may not be popular at all. This means more sales for the Registrar, so both parties will profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar levies for the domain registration.
Offer TLDs On Behalf Of Your Own Brand Name
When you subscribe to a domain reseller program, you will receive a webspace hosting CP where you can select the prices for the individual top-level domain names that the Registrar offers. Most firms also provide billing software and web templates for your virtual storefront, and the automation of the entire process together with the big demand for domains render the domain reseller market niche so alluring. You will either obtain a turn-key site and avail of the Registrar platform to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can create your own personal web page and form for placing orders. Generally, you have the opportunity to decide between the two possibilities, so it all revolves around how practiced you are in these issues. As a domain reseller, you will work on behalf of your own personal brand name and not on behalf of the Registrar's brand.
Make Profit From Promoting Website Hosting Plans Too
An adequate addition to your domain reseller business would be to sell web hosting accounts too. Thereby, you can offer a package deal to customers who would like to have their web portal and need both a domain name and a site hosting account. Particular companies have such options. With 'ResellersPanel', for example, you can order a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and free invoice transaction software to charge your customers. You can then offer Top-Level Domains and shared web hosting packages to clients, and since they offer lots of diverse domain name extensions, you will be able to provide domain name and hosting services to users from all around the globe.