Domain name reseller
The World Wide Web is an ever-enlarging community that supplies new ways to gain cash on the Web. One of them is to be a domain reseller and offer domains to end users, making revenue from the difference between the wholesale and the retail price of each and every domain name. 1000's of domains are registered each day, and there are millions of currently functioning domain names, so this is an expanding trading niche that you can become involved in.
TLDs and SLDs
A domain is made of two constituents - a Top-Level Domain (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.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic top-level domain names include the best known domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs consist of 2-character abbreviations that denote each country. Instances 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 TLD, has a Registry - an organization that is responsible for the registrations and sets the preconditions that each concrete Top-Level Domain may entail, including the length of the registration period or the residency of the registrant. A number of Registrar corporations work under the Registry. These are the corporations that actually sell the domain name to clients and administer all domain records.
Make Revenue From Reselling Domain Names
Plenty of Registrars have reseller programs that permit individuals to earn cash from selling domain names to end clients. If you subscribe to such a program, you can set up your own electronic business. Generally, a domain will be cheaper if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end customer. The reason is that resellers can reach more customers in local communities or countries where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both sides will make a profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar requires for the domain name registration.
Resell Domains Under Your Very Own Brand
When you sign up for a domain name reseller program, you will receive a hosting Control Panel where you can determine the prices for the various TLDs that the Registrar offers. Most companies also provide billing software and site templates for your web storefront, and the automation of the entire process combined with the flourishing demand for domain names render the domain reseller market niche so seductive. You will either acquire a ready-for-use web site and use the Registrar platform to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your very own personal site and form for placing orders. Commonly, you have the opportunity to choose between the 2 options, so it all depends on how advanced you are in these issues. As a domain reseller, you will work under your personal brand and not on behalf of the Registrar's.
Gain Cash From Selling Web Site Hosting Plans Too
A sensible supplement to your domain reseller business would be to sell web hosting plans too. Thereby, you can offer a package deal to clients who desire to make their web portal and need both a domain name and a hosting plan. A number of corporations have such options. With 'ResellersPanel', for example, you can purchase a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and charge-free invoice software to bill your clients. You can then offer domain names and shared web hosting packages to customers, and since they provide a lot of diverse domain name extensions, you will be able to offer domain and hosting services to individuals from all around the world.