Domain name reseller
The Internet is an ever-flourishing system that furnishes new options to earn cash on the Web. One of these options is to become a domain reseller and offer domain names to end customers, earning profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered each and every day, and there are 1 000 000's of currently functioning domains, so this is a blooming business niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain contains 2 components - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The gTLDs comprise the most common domain name extensions like .com, .net, .org, .mobi, .info, while the ccTLDs consist of 2-letter abbreviations that stand for each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a country-code top-level domain name, has a Registry - an institution that deals with the registrations and determines the requirements that each specific top-level domain name may impose, like the length of the registration period or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the corporations that actually sell the domain name to customers and manage all DNS resource records.
Earn Revenue From Selling Domains
A lot of Registrars have reseller programs that allow individuals to gain cash from selling domain names to end customers. If you sign up for such a program, you can kick off your very own web business. Regularly, a domain name will cost less if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end client. The explanation is that resellers can reach more people in provinces or countries where the Registrar may not be popular at all. This implies more sales for the Registrar, so both sides will earn a profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar requires for the domain registration.
Offer TLDs On Behalf Of Your Personal Brand Name
When you subscribe to a domain reseller program, you will receive a website hosting CP where you can determine the prices for the various Top-Level Domains that the Registrar provides. Most firms also provide invoicing transaction software and site layouts for your virtual storefront, and the automation of the entire process together with the considerable demand for domains render the domain name reseller market so tempting. You will either obtain a turn-key web site and avail of the Registrar system to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can set up your own website and order form. Normally, you have the opportunity to pick between the two options, so it all depends on how trained you are in these matters. As a domain name reseller, you will sell on behalf of your own personal brand name and not under the Registrar's brand.
Gain Money From Reselling Site Hosting Solutions Too
An appropriate supplement to your domain name reseller business would be to sell web hosting solutions too. In this way, you can offer a package deal to individuals who wish to develop their site and require both a domain name and a hosting package. Particular firms supply such options. With 'ResellersPanel', for example, you can purchase a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and cost-free invoice transaction software to charge your clients. You can then offer Top-Level Domains and shared hosting packages to clients, and since they provide many different domain name extensions, you will be able to provide domain and hosting services to individuals from all around the world.