Domain reseller
The World Wide Web is an ever-developing network that delivers new possibilities to earn cash on the Web. One of these ways is to become a domain reseller and offer domain names to end users, generating profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domains are registered each and every day, and there are 1 000 000's of presently functioning domain names, so this is an increasing business niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain name consists of 2 parts - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic Top-Level Domains include the most conventional domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains contain two-character abbreviations that denote each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a ccTLD, has a Registry - an organization that handles the registrations and sets the prerequisites that each particular top-level domain name may have, such as the duration of the registration term or the residency of the registrant. Certain Registrar companies operate under the Registry. These are the companies that actually sell the domain name to customers and handle all domain records.
Earn Profit From Selling Domain Names
Many Registrars have reseller programs that allow individuals to gain revenue from offering domain names to end users. If you register with such a program, you can establish your very own personal online business. Regularly, a domain will cost less if it is registered via a reseller rather than if it is bought straight from the Registrar by an end customer. The reason is that resellers can contact more clients in local communities or countries where the Registrar may not be famous at all. This implies more sales for the Registrar, so both sides will capitalize on that. Your profit will be the difference between the price that the user pays and the one that the Registrar charges for the domain registration.
Sell Domains Under Your Own Personal Trademark Name
When you sign up for a domain reseller program, you will receive a web space hosting Control Panel where you can determine the prices for the separate Top-Level Domains that the Registrar offers. Most corporations also offer invoice software and skins for your virtual storefront, and the automation of the whole process combined with the large demand for domain names render the domain name reseller business so seductive. You will either receive a pre-developed site and avail of the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can make your own personal web portal and form for placing orders. Usually, you have the option to select between the two possibilities, so it all depends on how expert you are in these matters. As a domain reseller, you will operate under your own brand name and not under the Registrar's.
Gain Money From Selling Site Hosting Plans Too
A reasonable addition to your domain reseller business would be to sell web hosting accounts as well. Thus, you can give a package deal to clients who desire to set up their web portal and demand both a domain name and a web 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 offer you a domain reseller account and free invoice management software to charge your clients. You can then sell domain names and shared website hosting packages to customers, and since they provide plenty of diverse domain name extensions, you will be able to provide domain and hosting services to users from all over the globe.