Domain name reseller
The Internet is an ever-increasing network that supplies new opportunities to gain cash online. One of these options is to become a domain name reseller and sell domain names to end users, gaining profit 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 active domain names, so this is a flowering business niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain name consists of two pieces - 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 name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic TLDs comprise the best known domain extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains include 2-letter abbreviations that represent each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a country-code one, has a Registry - an institution that handles the registrations and sets the prerequisites that each given TLD may impose, such as the duration of the registration period or the citizenship of the registrant. Certain Registrar firms operate under the Registry. These are the companies that actually offer the domain name to customers and handle all domain records.
Gain Cash From Offering Domains
Numerous Registrars have reseller programs that allow individuals to earn cash from offering domains to end clients. If you subscribe to such a program, you can set up your own personal web business. As a rule, a domain will cost less if it is registered via a reseller rather than if it is bought directly from the Registrar by an end customer. The cause is that resellers can contact more individuals in regions 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 profit will be the difference between the price that the client pays and the one that the Registrar imposes for the domain name registration.
Sell Top-Level Domains On Behalf Of Your Personal Brand
When you register with a domain name reseller program, you will obtain a web site hosting Control Panel where you can select the prices for the various top-level domain names that the Registrar provides. Most corporations also provide invoicing software and web site themes for your web storefront, and the automation of the whole process combined with the rising demand for domain names make the domain reseller market niche so desirable. You will either receive a turn-key website and use the Registrar platform to sell domains, or they will give you access to their API (Application Programming Interface) so that you can set up your very own personal web page and order form. Generally, you have the opportunity to choose between the 2 possibilities, so it all depends on how experienced you are in these issues. As a domain name reseller, you will do business on behalf of your very own brand name and not under the Registrar's brand.
Make Cash From Trading Web Space Hosting Plans As Well
A nice supplement to your domain name reseller business would be to sell web hosting services too. Thereby, you can offer a package deal to people who want to run their online portal and require both a domain name and a web space hosting account. A few corporations provide such options. With 'ResellersPanel', for instance, you can have a Virtual Server or a dedicated server, and they will also give you a domain reseller account and free invoice management software to charge your clients. You can then offer domains and shared hosting plans to customers, and since they provide many diverse domain name extensions, you will be able to provide domain name and hosting services to clients from all over the globe.