Domain name reseller
The World Wide Web is an ever-developing community that provides new options to earn money online. One of these opportunities is to be a domain name reseller and offer domain names to end users, earning revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each and every day, and there are 1 000 000's of currently active domain names, so this is a flourishing business niche that you can become involved in.
TLDs and SLDs
A domain name contains two entities - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic top-level domain names include the most famous domain name extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs comprise 2-character abbreviations that symbolize each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a country-code Top-Level Domain, has a Registry - an institution that handles the registrations and sets the prerequisites that each particular TLD may impose, among them the duration of the registration period or the residency of the registrant. A number of Registrar firms work under the Registry. These are the firms that actually sell the domain name to customers and administer all domain name resource records.
Make Cash From Selling Domains
Lots of Registrars have reseller programs that permit people to gain cash from selling domains to end customers. If you sign up for such a program, you can kickstart your own web business. Usually, a domain will be more inexpensive if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end client. The cause is that resellers can contact more users in local districts or states where the Registrar may not be popular at all. This implies more sales for the Registrar, so both sides will benefit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar levies for the domain name registration.
Trade Top-Level Domain Names Under Your Personal Brand
When you register with a domain reseller program, you will have a web page hosting Control Panel where you can settle the prices for the separate Top-Level Domains that the Registrar offers. Most corporations also offer billing software and design templates for your virtual shop, and the automation of the whole process coupled with the towering demand for domains render the domain name reseller market niche so attractive. You will either acquire a pre-developed web site and utilize the Registrar platform to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can build your own personal portal and order form. Usually, you have the option to select between the 2 possibilities, so it all depends on how proficient you are in these matters. As a domain reseller, you will work under your own trademark name and not on behalf of the Registrar's.
Make Cash From Promoting Web Hosting Solutions Too
A logical addition to your domain reseller business would be to sell web hosting accounts too. Thereby, you can give a package deal to customers who wish to establish their site and demand both a domain name and a website hosting package. Particular companies furnish such options. With 'ResellersPanel', for example, you can have a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and free billing software to bill your clients. You can then sell Top-Level Domains and shared hosting accounts to customers, and since they offer lots of different domain name extensions, you will be able to offer domain name and hosting services to individuals from all over the world.