Domain reseller
The World Wide Web is an ever-enlarging platform that furnishes new possibilities to make cash online. One of them is to be a domain reseller and sell domain names to end clients, making profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered each day, and there are 1 000 000's of currently functioning domains, so this is an increasing trading niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain name involves two parts - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic TLDs comprise the best known domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains contain two-character abbreviations that symbolize each country. Examples of country-code Top-Level Domains 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 deals with the registrations and sets the preconditions that each concrete TLD may contain, among them the length of the registration period or the citizenship of the registrant. Certain Registrar companies work under the Registry. These are the companies that in fact sell the domain name to clients and manage all domain name records.
Earn Revenue From Offering Domains
Many Registrars have reseller programs that permit people to make money from offering domains to end users. If you subscribe to such a program, you can begin your own electronic business. As a rule, a domain will be more inexpensive if it is registered via a reseller rather than if it is bought straight from the Registrar by an end user. The explanation is that resellers can contact more users in local districts or countries where the Registrar may not be popular at all. This implies more sales for the Registrar, so both sides will earn a profit from 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.
Sell Top-Level Domain Names Under Your Very Own Personal Brand Name
When you sign up for a domain name reseller program, you will receive a webspace hosting Control Panel where you can set the prices for the various TLDs that the Registrar offers. Most companies also provide invoicing software and web page skins for your online shop, and the automation of the entire process coupled with the rising demand for domain names make the domain reseller market niche so seductive. You will either get a ready-to-use website and use the Registrar system to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can build your own website and order form. Typically, you have the opportunity to choose between the two alternatives, so it all depends on how skilled you are in these things. As a domain name reseller, you will operate on behalf of your very own personal brand name and not under the Registrar's brand.
Make Cash From Trading Site Hosting Accounts Too
An appropriate addition to your domain name reseller business would be to sell web hosting services too. In this way, you can give a package deal to customers who want to manage their web site and demand both a domain name and a hosting plan. Particular companies have such options. With 'ResellersPanel', for instance, you can run a Virtual Server or a dedicated server, and they will also give you a domain reseller account and cost-free billing transaction software to bill your clients. You can then offer top-level domain names and shared website hosting plans to clients, and since they offer lots of different domain extensions, you will be able to offer domain name and hosting services to customers from all over the globe.