Domain name reseller
The Internet is an ever-flourishing platform that delivers new possibilities to make money on the Web. One of them is to become a domain reseller and sell domain names to end customers, generating profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered each and every day, and there are 1 000 000's of currently functioning domain names, so this is a flourishing trading niche that you can become involved in.
TLDs and SLDs
A domain contains 2 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 second-level domain name.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic top-level domain names comprise the most widely used domain extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs include 2-letter abbreviations that represent each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code one, has a Registry - an institution that tackles the registrations and sets the requirements that each concrete top-level domain name may involve, among them the length of the registration term or the citizenship of the registrant. A number of Registrar firms work under the Registry. These are the corporations that actually sell the domain name to clients and administer all domain name records.
Make Cash From Offering Domain Names
Lots of Registrars have reseller programs that allow individuals to gain cash from selling domains to end clients. If you subscribe to such a program, you can build your very own personal web business. Commonly, 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 user. The explanation is that resellers can reach more people in provinces or states where the Registrar may not be famous at all. This means more sales for the Registrar, so both parties will earn a profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar charges for the domain registration.
Resell Top-Level Domains On Behalf Of Your Very Own Brand Name
When you subscribe to a domain name reseller program, you will acquire a hosting CP where you can set the prices for the different Top-Level Domains that the Registrar offers. Most corporations also offer invoicing software and web page layouts for your online storefront, and the automation of the whole procedure coupled with the proliferating demand for domains make the domain name reseller market niche so attractive. You will either get a pre-developed site and make use of the Registrar system to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can create your own personal web page and order form. Normally, you have the opportunity to select between the two possibilities, so it all depends on how trained you are in these things. As a domain reseller, you will do business under your own personal brand and not on behalf of the Registrar's brand.
Make Profit From Offering Web Space Hosting Solutions Too
A suitable supplement to your domain reseller business would be to sell web hosting packages as well. In this way, you can offer a package deal to customers who want to build their web site and need both a domain name and a web space hosting plan. Particular companies provide such options. With 'ResellersPanel', for instance, you can order a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and free billing management software to bill your customers. You can then sell domains and shared web hosting accounts to customers, and since they provide lots of diverse domain extensions, you will be able to offer domain name and hosting services to individuals from all around the world.