Domain name reseller
The World Wide Web is an ever-developing network that delivers new opportunities to gain money on the Internet. One of these possibilities is to become a domain name reseller and offer domains to end users, earning revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered each day, and there are 1 000 000's of currently functioning domain names, so this is a blossoming business niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain consists of 2 components - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains include the best known domain extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names contain two-character abbreviations that correspond to each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code top-level domain name, has a Registry - an institution that handles the registrations and sets the preconditions that each given top-level domain name may entail, among them the duration of the registration term or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the corporations that actually sell the domain name to customers and handle all domain resource records.
Gain Cash From Selling Domain Names
Multiple Registrars have reseller programs that enable individuals to make profit from selling domain names to end customers. If you register with such a program, you can start your own web business. Generally, a domain name will be more inexpensive if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end user. The cause is that resellers can reach more customers in areas or countries where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both parties will benefit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar requires for the domain name registration.
Resell Top-Level Domains On Behalf Of Your Personal Brand
When you sign up for a domain reseller program, you will have a web site hosting Control Panel where you can determine the prices for the different TLDs that the Registrar offers. Most firms also provide invoice management software and website templates for your web store, and the automation of the entire procedure together with the growing demand for domains make the domain reseller industry so tempting. You will either obtain a ready-for-use site and utilize the Registrar system to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can create your very own portal and order form. Traditionally, you have the option to choose between the 2 alternatives, so it all depends on how skilled you are in these matters. As a domain reseller, you will operate on behalf of your own personal brand name and not under the Registrar's brand.
Earn Cash From Promoting Website Hosting Solutions As Well
A proper supplement to your domain name reseller business would be to sell web hosting solutions as well. Thereby, you can offer a package deal to individuals who desire to have their site and need both a domain and a webspace hosting plan. Particular firms offer such options. With 'ResellersPanel', for instance, you can have a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and free-of-charge billing transaction software to charge your clients. You can then sell domain names and shared hosting packages to customers, and since they provide lots of different domain name extensions, you will be able to offer domain and hosting services to users from all around the globe.