Domain name reseller
The World Wide Web is an ever-enlarging network that provides new options to make cash on the Internet. One of them is to be a domain name reseller and offer domain names to end customers, earning 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 currently functioning domain names, so this is a flowering business niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain name is composed of 2 parts - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The gTLDs include the most widely used domain extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains contain two-letter abbreviations that denote each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a country-code TLD, has a Registry - an organization that is responsible for the registrations and determines the prerequisites that each particular top-level domain name may impose, among them the length of the registration period or the citizenship of the registrant. Certain Registrar companies operate under the Registry. These are the corporations that in fact offer the domain name to clients and administer all domain resource records.
Make Money From Reselling Domains
Many Registrars have reseller programs that enable people to make money from offering domains to end clients. If you sign up for such a program, you can initiate your own Internet business. Typically, a domain name will cost less if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end client. The cause is that resellers can contact more people in areas or states where the Registrar may not be popular at all. This implies more sales for the Registrar, so both sides will benefit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain name registration.
Sell Top-Level Domain Names Under Your Personal Trademark Name
When you register with a domain name reseller program, you will get a web page hosting Control Panel where you can select the prices for the individual Top-Level Domains that the Registrar offers. Most firms also provide invoice transaction software and web design themes for your web shop, and the automation of the entire procedure together with the flourishing demand for domains make the domain reseller market niche so alluring. You will either have a ready-to-use website and utilize the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your own personal site and form for placing orders. Generally, you have the option to choose between the two possibilities, so it all depends on how skilled you are in these issues. As a domain name reseller, you will sell under your very own personal trademark name and not on behalf of the Registrar's brand.
Make Money From Selling Site Hosting Solutions Too
A reasonable supplement to your domain reseller business would be to sell web hosting solutions as well. Thus, you can offer a package deal to users who want to run their site and require both a domain name and a web space hosting plan. A number of companies supply such options. With 'ResellersPanel', for instance, you can run a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and free invoice management software to charge your clients. You can then offer TLDs and shared hosting plans to clients, and since they provide many different domain extensions, you will be able to offer domain and hosting services to persons from all over the world.