Domain name reseller
The World Wide Web is an ever-developing community that delivers new possibilities to make cash online. One of these possibilities is to be a domain reseller and offer domains to end users, making profit from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered every day, and there are millions of presently functioning domains, so this is an increasing trading niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain name comprises 2 pieces - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The gTLDs comprise the most widely used domain name extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs involve 2-character abbreviations that signify each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, 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 determines the requirements that each concrete Top-Level Domain may involve, like the length of the registration period or the residency of the registrant. Certain Registrar companies work under the Registry. These are the companies that actually sell the domain name to clients and administer all domain records.
Make Cash From Offering Domains
A lot of Registrars have reseller programs that allow individuals to make cash from offering domain names to end users. If you sign up for such a program, you can kickstart your very own Internet business. As a rule, a domain name will cost less if it is registered through a reseller rather than if it is bought directly from the Registrar by an end user. The reason is that resellers can reach more persons in provinces or countries where the Registrar may not be famous at all. This means more sales for the Registrar, so both parties will take advantage of 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.
Sell TLDs Under Your Very Own Personal Brand Name
When you sign up for a domain reseller program, you will have a web hosting CP where you can settle the prices for the various top-level domain names that the Registrar offers. Most firms also provide invoice transaction software and web site skins for your online shop, and the automation of the entire procedure coupled with the enlarging demand for domains make the domain reseller business niche so seductive. You will either receive a ready-for-use web site and avail of the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can build your own personal web page and order form. Typically, you have the opportunity to pick between the 2 alternatives, so it all depends on how advanced you are in these things. As a domain reseller, you will sell under your very own personal brand and not on behalf of the Registrar's.
Gain Money From Trading Webspace Hosting Packages Too
A perfect supplement to your domain name reseller business would be to sell web hosting packages too. In this way, you can give a package deal to clients who wish to launch their site and require both a domain name and a web hosting account. Certain corporations provide such options. With 'ResellersPanel', for example, you can manage a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and free-of-charge billing transaction software to charge your clients. You can then offer top-level domain names and shared hosting packages to clients, and since they offer plenty of different domain extensions, you will be able to offer domain and hosting services to persons from all around the globe.