Domain name reseller
The World Wide Web is an ever-developing network that generates new options to make cash online. One of these ways is to be a domain reseller and sell domains to end users, earning revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered each day, and there are 1 000 000's of currently functioning domain names, so this is a flowering business niche that you can become a part of.
Top-Level and Second-Level Domains
A domain name is made of two constituents - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic top-level domain names comprise the most conventional domain name extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs are composed of 2-letter abbreviations that denote each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a ccTLD, has a Registry - an organization that handles the registrations and determines the requirements that each concrete top-level domain name may impose, including the length of the registration term or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the corporations that actually sell the domain name to clients and administer all domain name resource records.
Make Money From Offering Domain Names
Multiple Registrars have reseller programs that enable people to gain revenue from selling domains to end users. If you subscribe to such a program, you can begin your very own Internet business. Generally, a domain will cost less if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end customer. The reason is that resellers can contact more users in regional communities or countries where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both parties will profit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar requires for the domain registration.
Offer Domain Names On Behalf Of Your Own Trademark Name
When you subscribe to a domain name reseller program, you will acquire a website hosting Control Panel where you can choose the prices for the different TLDs that the Registrar offers. Most firms also provide invoice transaction software and templates for your virtual store, and the automation of the entire procedure combined with the flourishing demand for domains render the domain reseller market niche so alluring. You will either obtain a pre-built site and make use of the Registrar system to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can build your own personal site and order form. Normally, you have the opportunity to choose between the two options, so it all depends on how experienced you are in these things. As a domain reseller, you will do business on behalf of your personal brand name and not on behalf of the Registrar's brand.
Make Revenue From Providing Webspace Hosting Services Too
A sensible supplement to your domain name reseller business would be to sell web hosting services as well. Thus, you can offer a package deal to persons who would like to develop their web portal and require both a domain name and a web space hosting account. Certain companies provide such options. With 'ResellersPanel', for instance, you can purchase a VPS or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge invoicing transaction software to bill your clients. You can then offer TLDs and shared web hosting packages to customers, and since they provide lots of diverse domain name extensions, you will be able to provide domain and hosting services to individuals from all over the world.