Domain name reseller
The World Wide Web is an ever-growing network that furnishes new opportunities to gain money on the Web. One of these opportunities is to become a domain name reseller and offer domains to end customers, making profit from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each day, and there are 1 000 000's of currently functioning domains, so this is a thriving marketing niche that you can become engaged in.
TLDs and SLDs
A domain name is composed of 2 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.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic Top-Level Domains comprise the most famous domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs comprise two-letter abbreviations that correspond to each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code Top-Level Domain, has a Registry - an organization that administers the registrations and sets the preconditions that each particular top-level domain name may have, among them the duration of the registration term or the citizenship of the registrant. A number of Registrar firms operate under the Registry. These are the corporations that in fact offer the domain name to customers and handle all DNS records.
Make Cash From Selling Domain Names
Many Registrars have reseller programs that permit individuals to make cash from selling domain names to end users. If you sign up for such a program, you can launch your very own personal web business. Regularly, a domain will be cheaper if it is registered through a reseller rather than if it is bought directly from the Registrar by an end customer. The reason is that resellers can contact more users in regional communities or states where the Registrar may not be known at all. This implies more sales for the Registrar, so both parties will benefit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar charges for the domain name registration.
Trade Domain Names On Behalf Of Your Own Brand Name
When you sign up for a domain name reseller program, you will receive a web space hosting Control Panel where you can select the prices for the specific Top-Level Domains that the Registrar offers. Most corporations also offer invoicing transaction software and skins for your online storefront, and the automation of the whole process together with the great demand for domains make the domain name reseller business so seductive. You will either acquire a pre-developed website and use the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can build your very own web site and form for placing orders. Usually, you have the option to decide between the 2 alternatives, so it all depends on how accomplished you are in these affairs. As a domain reseller, you will operate under your very own brand and not under the Registrar's brand.
Make Revenue From Providing Hosting Packages As Well
An appropriate addition to your domain reseller business would be to sell web hosting packages too. In this way, you can offer a package deal to clients who would like to launch their online portal and demand both a domain and a web hosting account. Particular corporations provide 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 free billing management software to charge your customers. You can then offer Top-Level Domains and shared web hosting accounts to customers, and since they offer lots of diverse domain name extensions, you will be able to offer domain and hosting services to individuals from all around the globe.