Domain name reseller
The World Wide Web is an ever-growing network that generates new opportunities to gain cash on the Web. One of these ways is to be 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 domains are registered every day, and there are millions of presently functioning domains, so this is a blooming business niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain name comprises 2 constituents - 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 Domain Names
The top-level domain names can be generic or country code. The generic TLDs include the most common domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs comprise two-character abbreviations that symbolize each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a country-code one, has a Registry - an institution that manages the registrations and determines the preconditions that each concrete TLD may impose, like the duration of the registration period or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the corporations that actually offer the domain name to clients and administer all domain records.
Gain Money From Trading Domains
A lot of Registrars have reseller programs that allow people to make cash from selling domains to end clients. If you subscribe to such a program, you can kick off your very own personal electronic business. As a rule, a domain will be cheaper if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end customer. The cause is that resellers can reach more customers in local districts or countries where the Registrar may not be popular whatsoever. 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 levies for the domain name registration.
Trade Top-Level Domain Names On Behalf Of Your Own Personal Trademark Name
When you subscribe to a domain reseller program, you will get a webspace hosting Control Panel where you can choose the prices for the separate Top-Level Domains that the Registrar offers. Most firms also provide billing transaction software and web site skins for your online storefront, and the automation of the whole process combined with the high demand for domain names make the domain name reseller market so seductive. You will either get a pre-built site and avail of the Registrar system to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can make your own web portal and form for placing orders. Typically, you have the opportunity to decide between the 2 possibilities, so it all depends on how experienced you are in these matters. As a domain name reseller, you will sell on behalf of your very own personal trademark name and not on behalf of the Registrar's brand.
Gain Cash From Supplying Web Hosting Packages As Well
A reasonable supplement to your domain reseller business would be to sell web hosting services too. In this way, you can offer a package deal to customers who wish to develop their web site and need both a domain and a web hosting account. Particular companies 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 cost-free billing transaction software to bill your clients. You can then offer domains and shared hosting accounts to clients, and since they offer a lot of different domain name extensions, you will be able to provide domain name and hosting services to clients from all around the world.