Domain reseller
The World Wide Web is an ever-enlarging platform that generates new ways to gain money on the Web. One of these opportunities is to be a domain name reseller and offer domain names to end clients, generating revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered every day, and there are millions of presently functioning domain names, so this is a developing trading niche that you can be a part of.
TLDs and SLDs
A domain is made of two components - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic TLDs comprise the best known domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names are made of 2-character abbreviations that correspond to each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a ccTLD, has a Registry - an organization that handles the registrations and determines the preconditions that each given Top-Level Domain may entail, including the duration of the registration period or the citizenship of the registrant. Certain Registrar corporations operate under the Registry. These are the companies that actually sell the domain name to clients and handle all domain records.
Earn Profit From Offering Domains
Plenty of Registrars have reseller programs that enable individuals to gain revenue from selling domains to end users. If you register with such a program, you can initiate your own personal online business. Usually, a domain will be more inexpensive if it is registered through a reseller rather than if it is bought straight from the Registrar by an end client. The reason is that resellers can reach more users in local districts or states where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides will cash in on that. Your profit will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain name registration.
Resell Domain Names On Behalf Of Your Own Trademark Name
When you sign up for a domain reseller program, you will get a webspace hosting Control Panel where you can set the prices for the specific top-level domain names that the Registrar provides. Most companies also provide billing management software and web skins for your virtual storefront, and the automation of the entire process coupled with the expanding demand for domains make the domain reseller business so alluring. You will either acquire a turn-key site and use the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can set up your own site and form for placing orders. Traditionally, you have the opportunity to select between the two alternatives, so it all depends on how experienced you are in these things. As a domain reseller, you will work under your very own personal brand name and not under the Registrar's brand.
Gain Profit From Trading Web Space Hosting Services Too
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 people who want to build their web page and demand both a domain name and a web hosting package. A few firms have such options. With 'ResellersPanel', for example, you can have a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and charge-free invoice management software to bill your customers. You can then offer domains and shared website hosting plans to customers, and since they provide lots of diverse domain name extensions, you will be able to offer domain and hosting services to individuals from all over the globe.