Domain name reseller
The Internet is an ever-enlarging system that provides new options to gain money on the Internet. One of these options is to become a domain reseller and offer domains to end clients, earning 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 a blossoming marketing niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain involves 2 constituents - 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.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The gTLDs include the best known domain extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs are composed of 2-character abbreviations that denote each country. Examples of country-code TLDs 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 institution that handles the registrations and determines the requirements that each particular Top-Level Domain may have, including the length of the registration term or the citizenship of the registrant. Certain Registrar firms operate under the Registry. These are the corporations that in fact offer the domain name to customers and handle all DNS records.
Gain Money From Reselling Domains
A lot of Registrars have reseller programs that enable people to earn profit from selling domains to end clients. If you subscribe to such a program, you can commence your own personal e-business. Usually, a domain name will be cheaper if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end user. The reason is that resellers can reach more people in local regions or states where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both parties will make a profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar imposes for the domain name registration.
Offer Domain Names Under Your Very Own Trademark Name
When you sign up for a domain reseller program, you will receive a web page hosting Control Panel where you can fix the prices for the specific Top-Level Domains that the Registrar offers. Most companies also offer invoice transaction software and web skins for your web storefront, and the automation of the whole procedure coupled with the huge demand for domains make the domain reseller market niche so attractive. You will either get a ready-to-use web site and use the Registrar system to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can build your very own web portal and form for placing orders. Usually, you have the option to choose between the 2 options, so it all revolves around how proficient you are in these things. As a domain reseller, you will work under your very own personal brand and not under the Registrar's brand.
Make Money From Trading Webspace Hosting Solutions Too
An adequate addition to your domain reseller business would be to sell web hosting accounts too. Thereby, you can offer a package deal to individuals who would like to develop their web site and need both a domain name and a web site hosting account. Given corporations furnish such options. With 'ResellersPanel', for example, you can order a VPS or a dedicated server, and they will also offer you a domain reseller account and charge-free invoicing transaction software to charge your clients. You can then offer Top-Level Domains and shared web hosting plans to customers, and since they provide a lot of different domain name extensions, you will be able to offer domain name and hosting services to individuals from all around the world.