Domain name reseller
The Internet is an ever-growing community that offers new ways to gain money on the Internet. One of these opportunities is to be a domain reseller and sell domain names to end clients, earning profit from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered each day, and there are 1 000 000's of presently active domains, so this is a developing business niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain consists of 2 constituents - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The TLDs can be generic or country code. The gTLDs comprise the best known domain name extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names contain 2-letter abbreviations that represent each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a ccTLD, has a Registry - an institution that deals with the registrations and determines the prerequisites that each particular Top-Level Domain may entail, like the length of the registration period or the citizenship of the registrant. Certain Registrar companies work under the Registry. These are the corporations that actually offer the domain name to customers and administer all domain name records.
Gain Profit From Reselling Domains
Plenty of Registrars have reseller programs that enable individuals to earn cash from selling domains to end customers. If you sign up for such a program, you can start your own personal web business. Commonly, a domain will cost less if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end client. The reason is that resellers can reach more individuals in regional districts or states 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 profit will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain registration.
Trade TLDs Under Your Own Personal Brand
When you sign up for a domain name reseller program, you will obtain a site hosting Control Panel where you can fix the prices for the individual Top-Level Domains that the Registrar provides. Most firms also provide billing management software and website templates for your virtual storefront, and the automation of the whole procedure combined with the enormous demand for domain names make the domain name reseller market so seductive. You will either receive a ready-made site and avail of the Registrar platform to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can build your very own personal online portal and form for placing orders. Usually, you have the opportunity to decide between the 2 alternatives, so it all revolves around how experienced you are in these matters. As a domain name reseller, you will sell under your own personal brand and not on behalf of the Registrar's.
Gain Money From Offering Web Site Hosting Packages Too
A reasonable addition to your domain name reseller business would be to sell web hosting solutions as well. In this way, you can give a package deal to individuals who desire to launch their site and require both a domain name and a web site hosting account. Certain corporations offer such options. With 'ResellersPanel', for example, you can have a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and charge-free billing management software to bill your clients. You can then offer domains and shared hosting packages to customers, and since they provide a lot of diverse domain name extensions, you will be able to offer domain and hosting services to individuals from all around the globe.