Domain name reseller
The Internet is an ever-flourishing platform that supplies new ways to gain cash online. One of these opportunities is to be a domain reseller and sell domains to end customers, earning revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered each and every day, and there are millions of presently functioning domain names, so this is a growing business niche that you can be a part of.
Top-Level and Second-Level Domains
A domain consists of two components - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the SLD.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic Top-Level Domains comprise the most popular domain extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names are made of two-letter abbreviations that represent each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a ccTLD, has a Registry - an institution that is responsible for the registrations and sets the preconditions that each concrete top-level domain name may involve, including the duration of the registration term or the residency of the registrant. Certain Registrar companies work under the Registry. These are the firms that in fact sell the domain name to customers and handle all domain records.
Gain Profit From Offering Domains
Plenty of Registrars have reseller programs that permit people to make cash from selling domains to end users. If you sign up for such a program, you can begin your own web business. Normally, a domain name will cost less if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end user. The reason is that resellers can reach more users in areas or countries where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both parties will take advantage of that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar levies for the domain registration.
Trade TLDs Under Your Own Brand
When you sign up for a domain reseller program, you will receive a web hosting Control Panel where you can choose the prices for the individual TLDs that the Registrar provides. Most corporations also offer invoice management software and design skins for your online storefront, and the automation of the entire process together with the strong demand for domain names render the domain name reseller industry so seductive. You will either get a pre-built web 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 own personal web portal and form for placing orders. Usually, you have the opportunity to choose between the two options, so it all revolves around how proficient you are in these issues. As a domain reseller, you will do business on behalf of your very own brand and not on behalf of the Registrar's brand.
Gain Cash From Providing Web Page Hosting Packages As Well
A proper addition to your domain name reseller business would be to sell web hosting accounts too. In this way, you can offer a package deal to persons who would like to create their web site and require both a domain and a site hosting plan. Given corporations have such options. With 'ResellersPanel', for instance, you can buy a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and cost-free billing software to charge your clients. You can then sell domain names and shared website hosting packages to customers, and since they offer lots of diverse domain extensions, you will be able to provide domain and hosting services to persons from all over the globe.