Domain name reseller
The Internet is an ever-flourishing community that provides new options to earn cash on the Web. One of these ways is to become a domain name reseller and offer domain names to end clients, gaining profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered every day, and there are 1 000 000's of currently active domains, so this is a flourishing business niche that you can become involved in.
TLDs and SLDs
A domain name is made of 2 components - 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 SLD.
gTLDs and ccTLDs
The top-level domain names 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 ccTLDs involve two-letter abbreviations that symbolize each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code one, has a Registry - an institution that is responsible for the registrations and sets the requirements that each particular Top-Level Domain may impose, among them the length of the registration period or the citizenship of the registrant. A number of Registrar firms work under the Registry. These are the firms that actually offer the domain name to customers and handle all domain records.
Make Revenue From Trading Domain Names
Numerous Registrars have reseller programs that enable people to make money from offering domains to end customers. If you sign up for such a program, you can kick off your very own web business. Regularly, a domain name will be cheaper if it is registered via a reseller rather than if it is bought straight from the Registrar by an end client. The reason is that resellers can contact more clients in local districts 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 revenue will be the difference between the price that the user pays and the one that the Registrar imposes for the domain registration.
Sell Top-Level Domain Names On Behalf Of Your Very Own Personal Brand Name
When you sign up for a domain reseller program, you will receive a web space hosting Control Panel where you can fix the prices for the different Top-Level Domains that the Registrar provides. Most corporations also provide billing management software and templates for your web shop, and the automation of the entire procedure combined with the considerable demand for domain names make the domain name reseller business niche so attractive. You will either receive a pre-built website and avail of the Registrar system to resell domains, or they will give you access to their API (Application Programming Interface) so that you can set up your very own website and order form. Traditionally, you have the option to decide between the 2 possibilities, so it all depends on how skillful you are in these matters. As a domain reseller, you will sell under your personal brand and not under the Registrar's.
Make Profit From Trading Hosting Solutions Too
An adequate supplement to your domain reseller business would be to sell web hosting plans too. Thus, you can give a package deal to customers who want to make their web site and require both a domain name and a webspace hosting account. A number of firms furnish such options. With 'ResellersPanel', for example, you can purchase a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and free-of-charge invoice transaction software to bill your clients. You can then offer Top-Level Domains and shared web hosting accounts to clients, and since they provide a lot of different domain name extensions, you will be able to provide domain and hosting services to individuals from all over the world.