Domain name reseller
The World Wide Web is an ever-expanding network that furnishes new options to gain money on the Web. One of these opportunities is to be a domain reseller and sell domains to end users, earning revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered every day, and there are 1 000 000's of presently functioning domain names, so this is a thriving trading niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain name is made of two parts - a top-level domain name (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 Domains can be generic or country code. The generic Top-Level Domains comprise the most common domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains contain 2-letter abbreviations that signify each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code Top-Level Domain, has a Registry - an institution that administers the registrations and sets the preconditions that each concrete top-level domain name may have, such as the length of the registration term or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the corporations that in fact sell the domain name to customers and administer all DNS records.
Make Cash From Selling Domains
Multiple Registrars have reseller programs that allow people to gain cash from offering domain names to end users. If you subscribe to such a program, you can commence your very own e-business. Usually, a domain will be more inexpensive if it is registered through a reseller rather than if it is bought straight from the Registrar by an end client. The reason is that resellers can contact more people in areas or countries where the Registrar may not be known at all. This means more sales for the Registrar, so both sides 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 levies for the domain name registration.
Offer Top-Level Domain Names On Behalf Of Your Own Trademark Name
When you register with a domain name reseller program, you will get a web page hosting Control Panel where you can fix the prices for the separate TLDs that the Registrar offers. Most companies also provide billing management software and templates for your web store, and the automation of the whole process together with the vast demand for domains make the domain name reseller market niche so attractive. You will either receive a pre-built site and utilize the Registrar platform to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your very own personal website and order form. Normally, you have the option to decide between the 2 alternatives, so it all depends on how trained you are in these issues. As a domain name reseller, you will sell under your own personal brand name and not on behalf of the Registrar's.
Make Cash From Promoting Web Hosting Solutions Too
A suitable supplement to your domain name reseller business would be to sell web hosting packages as well. Thus, you can offer a package deal to users who wish to have their online portal and demand both a domain name and a web hosting account. Given companies offer such options. With 'ResellersPanel', for instance, you can manage a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and cost-free invoice transaction software to charge your customers. You can then offer domain names and shared website hosting packages to clients, and since they offer plenty of different domain name extensions, you will be able to provide domain and hosting services to people from all over the globe.