Domain name reseller
The World Wide Web is an ever-developing community that supplies new opportunities to make cash online. One of these ways is to be a domain name reseller and sell domain names to end users, earning profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered each and every day, and there are 1 000 000's of presently active domains, so this is a flowering marketing niche that you can become involved in.
TLDs and SLDs
A domain name contains 2 parts - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain 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 top-level domain names comprise the most widely used domain name extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs include two-letter abbreviations that represent each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a country-code top-level domain name, has a Registry - an organization that handles the registrations and determines the requirements that each particular top-level domain name may include, including the length of the registration period or the residency of the registrant. A number of Registrar companies operate under the Registry. These are the companies that in fact offer the domain name to customers and manage all domain records.
Make Money From Offering Domain Names
A lot of Registrars have reseller programs that enable people to make revenue from offering domain names to end customers. If you subscribe to such a program, you can commence your own personal electronic business. Typically, a domain name will be more inexpensive if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end client. The reason is that resellers can reach more users in regional communities or states where the Registrar may not be known 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 client pays and the one that the Registrar requires for the domain registration.
Offer Domains On Behalf Of Your Own Brand Name
When you sign up for a domain name reseller program, you will acquire a hosting Control Panel where you can choose the prices for the separate Top-Level Domains that the Registrar provides. Most corporations also provide invoice transaction software and web design themes for your web store, and the automation of the entire process coupled with the strong demand for domains make the domain name reseller market niche so attractive. You will either receive a ready-for-use site and make use of the Registrar platform to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can build your own web portal and order form. Traditionally, you have the opportunity to pick between the two options, so it all revolves around how skilled you are in these issues. As a domain reseller, you will do business on behalf of your very own personal brand name and not on behalf of the Registrar's.
Make Money From Trading Web Space Hosting Packages Too
An appropriate addition to your domain reseller business would be to sell web hosting solutions too. Thus, you can give a package deal to people who would like to manage their web page and need both a domain name and a web site hosting account. Particular corporations supply such options. With 'ResellersPanel', for instance, you can order a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and free billing software to bill your clients. You can then offer TLDs and shared hosting plans to customers, and since they offer a lot of different domain extensions, you will be able to offer domain and hosting services to individuals from all around the world.