Domain name reseller
The World Wide Web is an ever-flourishing platform that delivers new possibilities to earn cash on the Internet. One of these opportunities is to be a domain name reseller and offer domains to end clients, gaining profit from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered each day, and there are millions of presently active domain names, so this is an enlarging marketing niche that you can become a part of.
Top-Level and Second-Level Domains
A domain is composed of two parts - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic TLDs comprise the most popular domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs contain 2-character abbreviations that correspond to each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code one, has a Registry - an institution that manages the registrations and determines the prerequisites that each specific Top-Level Domain may entail, including the length of the registration term or the citizenship of the registrant. A number of Registrar corporations work under the Registry. These are the corporations that actually sell the domain name to clients and manage all domain name resource records.
Earn Profit From Trading Domain Names
Plenty of Registrars have reseller programs that permit people to gain money from selling domain names to end clients. If you subscribe to such a program, you can set up your very own personal web business. Typically, a domain name will be more inexpensive if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end client. The explanation is that resellers can contact more customers in regional communities or countries where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both parties will capitalize on 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.
Offer Top-Level Domains Under Your Personal Trademark Name
When you sign up for a domain name reseller program, you will acquire a web page hosting CP where you can determine the prices for the specific TLDs that the Registrar provides. Most companies also provide billing management software and layouts for your web shop, and the automation of the whole procedure combined with the immense demand for domain names make the domain name reseller business niche so alluring. You will either receive a pre-developed site and use the Registrar system to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can set up your own personal website and order form. Normally, you have the opportunity to decide between the two alternatives, so it all depends on how proficient you are in these affairs. As a domain name reseller, you will work on behalf of your personal trademark name and not on behalf of the Registrar's.
Make Cash From Selling Web Space Hosting Solutions As Well
A suitable supplement to your domain name reseller business would be to sell web hosting packages too. Thus, you can give a package deal to clients who wish to have their web page and need both a domain name and a website hosting account. A number of corporations supply such options. With 'ResellersPanel', for example, you can order a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and free billing transaction software to charge your clients. You can then offer domains and shared website hosting packages to clients, and since they offer plenty of diverse domain extensions, you will be able to provide domain and hosting services to customers from all around the globe.