Domain name reseller
The World Wide Web is an ever-developing system that generates new options to gain cash online. One of them is to become a domain reseller and sell domains to end clients, generating profit from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered each day, and there are 1 000 000's of currently functioning domains, so this is a blooming marketing niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain is composed of 2 constituents - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic top-level domain names include the most widespread domain name extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains are composed of 2-character abbreviations that signify each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code top-level domain name, has a Registry - an institution that administers the registrations and sets the preconditions that each given top-level domain name may entail, among them the duration of the registration period or the residency of the registrant. A number of Registrar corporations work under the Registry. These are the companies that actually sell the domain name to clients and manage all DNS resource records.
Make Cash From Selling Domains
Many Registrars have reseller programs that permit people to make money from offering domain names to end clients. If you sign up for such a program, you can set up your own personal e-business. As a rule, a domain name will cost less if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end user. The reason is that resellers can contact more customers in local districts or states where the Registrar may not be known at all. This means more sales for the Registrar, so both sides will benefit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar charges for the domain name registration.
Sell Top-Level Domain Names On Behalf Of Your Very Own Brand
When you register with a domain reseller program, you will obtain a web site hosting Control Panel where you can fix the prices for the specific TLDs that the Registrar provides. Most corporations also offer invoicing transaction software and web site skins for your web storefront, and the automation of the entire procedure coupled with the high demand for domains make the domain name reseller business niche so seductive. You will either obtain a pre-developed site and avail of the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can build your own personal site and order form. Usually, you have the option to decide between the two options, so it all depends on how trained you are in these matters. As a domain name reseller, you will sell under your very own personal brand and not on behalf of the Registrar's.
Gain Cash From Providing Web Hosting Packages As Well
A nice addition to your domain name reseller business would be to sell web hosting packages too. Thereby, you can offer a package deal to persons who want to manage their website and require both a domain name and a web site hosting plan. Some firms provide 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-of-charge invoice software to bill your clients. You can then offer TLDs and shared hosting packages to clients, and since they provide many diverse domain extensions, you will be able to offer domain and hosting services to persons from all around the globe.