Domain reseller
The World Wide Web is an ever-expanding platform that furnishes new possibilities to make cash on the Internet. One of these possibilities is to become a domain name reseller and sell domains to end users, earning revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered each and every day, and there are 1 000 000's of currently functioning domain names, so this is a flowering marketing niche that you can become a part of.
Top-Level and Second-Level Domains
A domain name is composed of two constituents - 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 name and "domain" is the SLD.
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 extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names contain two-letter abbreviations that signify each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a ccTLD, has a Registry - an institution that is responsible for the registrations and sets the preconditions that each particular Top-Level Domain may impose, like the duration of the registration period or the citizenship of the registrant. Certain Registrar firms work under the Registry. These are the firms that in fact offer the domain name to clients and administer all DNS resource records.
Make Cash From Offering Domain Names
Numerous Registrars have reseller programs that enable individuals to make cash from offering domain names to end clients. If you sign up for such a program, you can build your own web business. Commonly, a domain name will cost less if it is registered via a reseller rather than if it is bought straight from the Registrar by an end user. The cause is that resellers can contact more clients in local communities or states where the Registrar may not be famous at all. 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 customer pays and the one that the Registrar requires for the domain registration.
Offer Domain Names On Behalf Of Your Own Personal Brand Name
When you sign up for a domain name reseller program, you will get a web hosting Control Panel where you can choose the prices for the specific top-level domain names that the Registrar offers. Most companies also offer invoice management software and website layouts for your online shop, and the automation of the entire process combined with the immense demand for domain names make the domain reseller market so alluring. You will either have a pre-developed site and utilize the Registrar system to resell domains, or they will give you access to their API (Application Programming Interface) so that you can make your own web site and order form. Normally, you have the opportunity to choose between the 2 alternatives, so it all depends on how advanced you are in these matters. As a domain name reseller, you will work on behalf of your own personal trademark name and not on behalf of the Registrar's brand.
Make Money From Offering Web Space Hosting Packages As Well
A good addition to your domain reseller business would be to sell web hosting accounts too. Thereby, you can offer a package deal to customers who wish to create their web page and demand both a domain name and a webspace hosting account. Certain corporations offer such options. With 'ResellersPanel', for example, you can buy a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and charge-free invoicing transaction software to charge your clients. You can then sell TLDs and shared website hosting packages to customers, and since they provide many diverse domain extensions, you will be able to offer domain and hosting services to customers from all over the globe.