Domain name reseller
The World Wide Web is an ever-flourishing network that furnishes new options to gain cash on the Internet. One of them is to become a domain name reseller and sell domains to end customers, gaining revenue from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered each day, and there are millions of currently functioning domain names, so this is a developing business niche that you can become involved in.
TLDs and SLDs
A domain comprises two components - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain 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 best known domain extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs involve two-letter abbreviations that correspond to each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a country-code Top-Level Domain, has a Registry - an organization that is responsible for the registrations and sets the preconditions that each given top-level domain name may contain, such as the length of the registration period or the citizenship of the registrant. A number of Registrar firms work under the Registry. These are the companies that actually offer the domain name to clients and handle all domain name resource records.
Earn Cash From Trading Domains
Many Registrars have reseller programs that allow individuals to earn revenue from offering domains to end customers. If you register with such a program, you can commence your very own personal e-business. Usually, a domain name will be cheaper if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end customer. The reason is that resellers can reach more individuals in regional communities or states where the Registrar may not be popular at all. This implies more sales for the Registrar, so both parties will earn a profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar levies for the domain registration.
Trade TLDs On Behalf Of Your Personal Trademark Name
When you register with a domain reseller program, you will acquire a website hosting Control Panel where you can set the prices for the different Top-Level Domains that the Registrar provides. Most corporations also provide invoice software and web page layouts for your online storefront, and the automation of the entire process coupled with the growing demand for domain names render the domain reseller market niche so attractive. You will either have a ready-for-use website and utilize the Registrar system to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can create your own site and order form. Normally, you have the option to select between the two options, so it all depends on how skillful you are in these things. As a domain name reseller, you will do business under your personal brand and not under the Registrar's brand.
Gain Cash From Trading Webspace Hosting Services Too
A relevant addition to your domain name reseller business would be to sell web hosting packages as well. Thereby, you can offer a package deal to individuals who would like to develop their web page and require both a domain name and a web site hosting account. A number of companies supply such options. With 'ResellersPanel', for example, you can manage a Virtual Server or a dedicated server, and they will also give you a domain reseller account and cost-free invoicing software to charge your clients. You can then offer top-level domain names and shared web hosting packages to customers, and since they offer lots of different domain extensions, you will be able to offer domain name and hosting services to customers from all around the globe.