Domain reseller
The World Wide Web is an ever-growing platform that supplies new opportunities to make cash on the Internet. One of these opportunities is to become a domain name reseller and sell domains to end users, earning revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered every day, and there are millions of currently active domain names, so this is an enlarging business niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain name involves two constituents - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The gTLDs 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 symbolize each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a country-code Top-Level Domain, has a Registry - an organization that handles the registrations and determines the prerequisites that each given top-level domain name may include, like the length of the registration period or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the companies that actually sell the domain name to customers and manage all domain name records.
Earn Money From Selling Domains
Many Registrars have reseller programs that enable individuals to earn profit from offering domain names to end clients. If you sign up for such a program, you can set up your own web business. Typically, a domain will be more inexpensive if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end customer. The explanation is that resellers can contact more users in local regions or states where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both sides will make a profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar requires for the domain registration.
Resell Domain Names On Behalf Of Your Own Brand
When you subscribe to a domain reseller program, you will have a site hosting Control Panel where you can set the prices for the separate top-level domain names that the Registrar provides. Most firms also offer billing management software and web site skins for your virtual store, and the automation of the whole process coupled with the growing demand for domain names make the domain name reseller industry so seductive. You will either have a ready-to-use website and use the Registrar system to sell domain names, 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. Commonly, you have the option to decide between the 2 alternatives, so it all depends on how practiced you are in these matters. As a domain reseller, you will work on behalf of your very own personal brand name and not on behalf of the Registrar's.
Gain Revenue From Promoting Webspace Hosting Plans As Well
A proper supplement to your domain name reseller business would be to sell web hosting solutions as well. In this way, you can give a package deal to clients who wish to run their web site and need both a domain and a web space hosting account. A number of firms have such options. With 'ResellersPanel', for instance, you can have a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and free-of-cost invoicing software to charge your customers. You can then sell domain names and shared web hosting accounts to customers, and since they offer plenty of diverse domain extensions, you will be able to provide domain name and hosting services to persons from all around the world.