Domain name reseller
The Internet is an ever-growing system that generates new opportunities to make money on the Web. One of these options is to be a domain name reseller and sell domains to end clients, generating revenue from the difference between the wholesale and the retail price of each and every domain name. 1000's of domains are registered each and every day, and there are 1 000 000's of currently functioning domain names, so this is an increasing business niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain name involves 2 entities - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the SLD.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic TLDs comprise the most widely used domain name extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs comprise 2-letter abbreviations that stand for each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a country-code TLD, has a Registry - an institution that is responsible for the registrations and sets the prerequisites that each concrete Top-Level Domain may impose, including the duration of the registration period or the residency of the registrant. Certain Registrar firms work under the Registry. These are the companies that actually offer the domain name to customers and handle all domain resource records.
Gain Revenue From Trading Domains
Many Registrars have reseller programs that allow people to gain profit from offering domain names to end customers. If you register with such a program, you can commence your own web business. Typically, a domain will be more inexpensive if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end customer. The reason is that resellers can reach more customers in regions or countries where the Registrar may not be known at all. This means more sales for the Registrar, so both sides will cash in on that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar requires for the domain registration.
Resell Domain Names Under Your Personal Brand
When you sign up for a domain name reseller program, you will get a web page hosting Control Panel where you can select the prices for the separate TLDs that the Registrar provides. Most companies also offer billing software and web page templates for your web store, and the automation of the entire process coupled with the enlarging demand for domain names render the domain reseller market niche so alluring. You will either get a pre-developed web site and make use of the Registrar system to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can make your very own personal portal and form for placing orders. Generally, you have the opportunity to pick between the 2 possibilities, so it all depends on how advanced you are in these things. As a domain reseller, you will do business under your very own trademark name and not on behalf of the Registrar's brand.
Gain Cash From Trading Webspace Hosting Solutions As Well
An adequate supplement to your domain reseller business would be to sell web hosting solutions too. In this way, you can give a package deal to clients who would like to establish their web site and demand both a domain name and a web hosting plan. A number of companies have such options. With 'ResellersPanel', for instance, you can manage a VPS or a dedicated server, and they will also offer you a domain reseller account and free-of-charge invoice transaction software to bill your customers. You can then sell domains and shared web hosting packages to clients, and since they provide a lot of diverse domain name extensions, you will be able to provide domain name and hosting services to people from all over the globe.