Domain name reseller
The Internet is an ever-enlarging community that provides new opportunities to make money on the Internet. One of these ways is to be a domain reseller and sell domains to end clients, generating profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered each and every day, and there are millions of presently functioning domain names, so this is a flowering trading niche that you can be involved in.
TLDs and SLDs
A domain involves 2 components - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The gTLDs comprise the most widespread domain extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains are composed of 2-letter abbreviations that symbolize 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 or a ccTLD, has a Registry - an organization that deals with the registrations and sets the prerequisites that each given Top-Level Domain may involve, including the length of the registration period or the residency of the registrant. A number of Registrar firms work under the Registry. These are the firms that in fact sell the domain name to clients and administer all domain name resource records.
Gain Money From Selling Domains
A lot of Registrars have reseller programs that permit people to earn revenue from selling domains to end customers. If you sign up for such a program, you can start your own e-business. Normally, 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 user. The reason is that resellers can contact more persons in regions or countries where the Registrar may not be popular at all. This means more sales for the Registrar, so both sides will profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar levies for the domain name registration.
Sell Top-Level Domain Names Under Your Very Own Trademark Name
When you subscribe to a domain name reseller program, you will receive a web space hosting CP where you can choose the prices for the individual top-level domain names that the Registrar provides. Most companies also provide billing management software and design templates for your web shop, and the automation of the whole process together with the enlarging demand for domain names make the domain name reseller market niche so alluring. You will either receive a turn-key website and use the Registrar system to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can make your own personal portal and form for placing orders. Traditionally, you have the opportunity to select between the two possibilities, so it all revolves around how skillful you are in these matters. As a domain name reseller, you will do business on behalf of your personal trademark name and not under the Registrar's brand.
Make Revenue From Trading Web Space Hosting Solutions As Well
A suitable supplement to your domain reseller business would be to sell web hosting services too. Thus, you can give a package deal to customers who desire to run their web portal and need both a domain and a web page hosting plan. Some corporations offer such options. With 'ResellersPanel', for instance, you can purchase a Virtual Server or a dedicated server, and they will also give you a domain reseller account and free-of-charge invoice transaction software to bill your customers. You can then offer Top-Level Domains and shared website hosting packages to clients, and since they provide many diverse domain extensions, you will be able to provide domain and hosting services to individuals from all around the globe.