Domain reseller
The Internet is an ever-enlarging network that delivers new opportunities to make money online. One of these opportunities is to be a domain name reseller and offer domains to end customers, making revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered each day, and there are 1 000 000's of currently functioning domain names, so this is a blooming trading niche that you can become involved in.
Top-Level and Second-Level Domains
A domain involves 2 components - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The gTLDs include the most widespread domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains comprise two-character abbreviations that symbolize each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a ccTLD, has a Registry - an institution that tackles the registrations and sets the prerequisites that each particular top-level domain name may have, like the duration of the registration term or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the corporations that in fact sell the domain name to customers and administer all domain records.
Earn Cash From Offering Domain Names
Many Registrars have reseller programs that enable people to gain money from selling domain names to end customers. If you subscribe to such a program, you can kickstart your very own electronic business. Usually, a domain will be more inexpensive if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end customer. The reason is that resellers can reach more people in regional districts or countries where the Registrar may not be famous 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 user pays and the one that the Registrar requires for the domain name registration.
Sell Top-Level Domain Names Under Your Personal Brand
When you sign up for a domain reseller program, you will acquire a hosting Control Panel where you can fix the prices for the various TLDs that the Registrar provides. Most companies also provide billing transaction software and web site layouts for your online shop, and the automation of the entire procedure coupled with the swelling demand for domain names make the domain reseller business niche so tempting. You will either have a turn-key site and make use of the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can create your own site and form for placing orders. Typically, you have the option to pick between the two possibilities, so it all depends on how experienced you are in these matters. As a domain name reseller, you will operate under your own brand and not under the Registrar's brand.
Gain Revenue From Providing Hosting Plans Too
An adequate supplement to your domain reseller business would be to sell web hosting plans as well. Thus, you can give a package deal to persons who want to set up their site and require both a domain name and a website hosting package. A few corporations have such options. With 'ResellersPanel', for example, you can buy 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 customers. You can then offer domain names and shared web hosting packages to customers, and since they provide plenty of diverse domain extensions, you will be able to provide domain name and hosting services to persons from all over the world.