Domain reseller
The World Wide Web is an ever-increasing system that furnishes new options to make money on the Internet. One of these opportunities is to be a domain reseller and sell domain names to end clients, earning revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered each and every day, and there are millions of presently active domains, so this is an enlarging business niche that you can become involved in.
Top-Level and Second-Level Domains
A domain name comprises two components - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic top-level domain names include the most widely used domain extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names consist of 2-character abbreviations that denote each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code TLD, has a Registry - an organization that administers the registrations and determines the requirements that each specific TLD may contain, among them the duration of the registration term or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the corporations that in fact offer the domain name to clients and manage all domain name records.
Earn Revenue From Offering Domain Names
Many Registrars have reseller programs that allow individuals to earn profit from offering domains to end customers. If you register with such a program, you can start your own web business. Normally, a domain name 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 provinces or states where the Registrar may not be popular at all. 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 levies for the domain name registration.
Offer TLDs Under Your Personal Trademark Name
When you subscribe to a domain reseller program, you will acquire a web hosting Control Panel where you can choose the prices for the specific top-level domain names that the Registrar provides. Most firms also provide invoice management software and web design templates for your virtual store, and the automation of the entire process coupled with the proliferating demand for domains make the domain reseller business niche so alluring. You will either receive a pre-made website and avail of the Registrar platform to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can set up your very own personal web site and order form. Typically, you have the option to choose between the two alternatives, so it all revolves around how practiced you are in these things. As a domain name reseller, you will do business under your very own trademark name and not under the Registrar's.
Gain Money From Providing Webspace Hosting Packages As Well
An appropriate addition to your domain name reseller business would be to sell web hosting solutions too. Thereby, you can offer a package deal to people who would like to create their online portal and require both a domain name and a webspace hosting package. Particular firms furnish such options. With 'ResellersPanel', for instance, you can manage a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and free invoice management software to bill your customers. You can then sell domain names and shared website hosting plans to clients, and since they offer lots of different domain name extensions, you will be able to provide domain and hosting services to clients from all around the world.