Domain name reseller
The World Wide Web is an ever-growing system that generates new opportunities to gain cash online. One of these options is to become a domain reseller and offer domains to end customers, making profit from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered every day, and there are 1 000 000's of currently functioning domains, so this is a thriving business niche that you can be a part of.
Top-Level and Second-Level Domains
A domain consists of two pieces - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic top-level domain names comprise the most widespread domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names are made of 2-letter abbreviations that symbolize each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code TLD, has a Registry - an institution that tackles the registrations and sets the preconditions that each specific top-level domain name may contain, like the duration of the registration term or the citizenship of the registrant. Certain Registrar firms operate under the Registry. These are the companies that in fact offer the domain name to clients and administer all DNS records.
Gain Cash From Reselling Domains
A lot of Registrars have reseller programs that allow individuals to make money from selling domains to end customers. If you register with such a program, you can commence your own e-business. Commonly, a domain name will be cheaper if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end customer. The explanation is that resellers can reach more individuals in regional communities or states where the Registrar may not be famous at all. This means more sales for the Registrar, so both sides will benefit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar imposes for the domain name registration.
Offer Domains On Behalf Of Your Very Own Personal Trademark Name
When you subscribe to a domain name reseller program, you will receive a web hosting CP where you can select the prices for the different TLDs that the Registrar provides. Most companies also offer invoice software and website themes for your online storefront, and the automation of the whole procedure together with the proliferating demand for domains make the domain reseller market niche so tempting. You will either acquire a turn-key web 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 create your very own website and order form. Traditionally, you have the opportunity to choose between the 2 possibilities, so it all depends on how accomplished you are in these things. As a domain name reseller, you will sell under your very own brand name and not on behalf of the Registrar's brand.
Gain Revenue From Promoting Webspace Hosting Packages As Well
A logical supplement to your domain reseller business would be to sell web hosting plans as well. In this way, you can give a package deal to customers who wish to set up their online portal and demand both a domain name and a web hosting plan. A number of companies furnish such options. With 'ResellersPanel', for example, you can order a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and cost-free invoice transaction software to charge your customers. You can then offer domains and shared website hosting plans to customers, and since they provide plenty of different domain name extensions, you will be able to offer domain and hosting services to clients from all around the world.