Domain name reseller
The World Wide Web is an ever-expanding platform that provides new options to gain cash on the Internet. One of these ways is to be a domain name reseller and sell domains to end customers, making profit from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered every day, and there are millions of currently functioning domain names, so this is a thriving business niche that you can become a part of.
Top-Level and Second-Level Domains
A domain name involves two parts - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic TLDs comprise the best known domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names include 2-character abbreviations that represent each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a country-code Top-Level Domain, has a Registry - an institution that deals with the registrations and sets the requirements that each concrete Top-Level Domain may involve, among them the duration of the registration period or the residency of the registrant. Certain Registrar firms work under the Registry. These are the firms that actually offer the domain name to clients and manage all domain name resource records.
Earn Cash From Offering Domains
Plenty of Registrars have reseller programs that allow people to make revenue from selling domain names to end customers. If you register with such a program, you can establish your very own personal online business. Typically, 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 cause is that resellers can reach more users in local districts or states where the Registrar may not be popular at all. This means more sales for the Registrar, so both parties will earn a profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar charges for the domain name registration.
Sell Top-Level Domains On Behalf Of Your Personal Trademark Name
When you subscribe to a domain name reseller program, you will have a Control Panel where you can fix the prices for the different Top-Level Domains that the Registrar provides. Most companies also provide invoicing transaction software and layouts for your online store, and the automation of the entire procedure together with the large demand for domains make the domain name reseller business niche so alluring. You will either acquire a pre-developed 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 build your very own personal web page and form for placing orders. Commonly, you have the option to decide between the 2 options, so it all depends on how practiced you are in these affairs. As a domain name reseller, you will operate on behalf of your very own personal trademark name and not on behalf of the Registrar's brand.
Make Profit From Selling Hosting Packages As Well
A suitable addition to your domain reseller business would be to sell web hosting packages as well. Thereby, you can offer a package deal to persons who want to establish their web page and demand both a domain name and a site hosting package. Certain companies 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 name reseller account and charge-free invoice management software to bill your customers. You can then offer top-level domain names and shared hosting accounts to customers, and since they provide a lot of different domain name extensions, you will be able to provide domain name and hosting services to customers from all over the globe.