Domain name reseller
The World Wide Web is an ever-developing system that provides new options to make cash on the Web. One of these options is to be a domain name reseller and sell domain names to end customers, making profit from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each day, and there are 1 000 000's of currently active domain names, so this is a flowering business niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain is made of two entities - 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 Second-Level Domain.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic Top-Level Domains include the most widespread domain extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs involve two-letter abbreviations that correspond to 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 generic Top-Level Domain or a ccTLD, has a Registry - an organization that tackles the registrations and determines the preconditions that each concrete Top-Level Domain may entail, among them the duration of the registration period or the citizenship of the registrant. A number of Registrar corporations work under the Registry. These are the corporations that in fact offer the domain name to clients and handle all domain resource records.
Make Cash From Offering Domain Names
A lot of Registrars have reseller programs that allow people to gain cash from offering domains to end customers. If you register with such a program, you can kickstart your own web business. Typically, 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 client. The explanation is that resellers can reach more persons in regional communities or countries where the Registrar may not be famous at all. This means more sales for the Registrar, so both parties will profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar levies for the domain name registration.
Offer Domains Under Your Own Brand
When you subscribe to a domain name reseller program, you will get a web site hosting Control Panel where you can settle the prices for the separate TLDs that the Registrar provides. Most corporations also provide invoice transaction software and web page templates for your web store, and the automation of the entire process together with the enlarging demand for domains make the domain reseller market so tempting. You will either get a ready-for-use website and make use of the Registrar system to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can build your very own online portal and order form. Traditionally, you have the opportunity to choose between the two possibilities, so it all depends on how skilled you are in these issues. As a domain reseller, you will work on behalf of your own personal trademark name and not under the Registrar's.
Make Cash From Trading Webspace Hosting Plans Too
A reasonable addition to your domain name reseller business would be to sell web hosting plans as well. In this way, you can offer a package deal to clients who wish to make their web site and demand both a domain and a web site hosting plan. Particular firms supply such options. With 'ResellersPanel', for example, you can buy a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and free-of-cost billing software to bill your clients. You can then sell domains and shared hosting packages to customers, and since they offer a lot of different domain name extensions, you will be able to offer domain name and hosting services to customers from all over the globe.