Domain name reseller
The Internet is an ever-flourishing network that provides new options to make cash online. One of these ways 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. 1000's of domains are registered each and every day, and there are millions of presently active domain names, so this is a flourishing business niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain contains two pieces - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic TLDs comprise the most conventional domain extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs consist of two-character 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 TLD or a country-code Top-Level Domain, has a Registry - an institution that administers the registrations and sets the requirements that each specific TLD may entail, such as the duration of the registration period or the citizenship of the registrant. Certain Registrar companies work under the Registry. These are the companies that actually offer the domain name to customers and manage all domain name resource records.
Gain Profit From Reselling Domain Names
Lots of Registrars have reseller programs that enable individuals to make money from offering domain names to end clients. If you register with such a program, you can commence your own web business. Regularly, a domain will be cheaper if it is registered via a reseller rather than if it is bought straight from the Registrar by an end client. The explanation is that resellers can contact more customers in local regions or countries where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both parties will profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar imposes for the domain name registration.
Sell Domains Under Your Personal Brand Name
When you subscribe to a domain reseller program, you will receive a website hosting CP where you can choose the prices for the different Top-Level Domains that the Registrar provides. Most firms also offer billing software and design themes for your web shop, and the automation of the whole process coupled with the expanding demand for domains render the domain reseller market niche so desirable. You will either acquire a pre-developed website and use the Registrar system to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can create your own personal website and order form. Typically, you have the opportunity to pick between the two possibilities, so it all revolves around how skillful you are in these issues. As a domain name reseller, you will do business on behalf of your very own brand name and not on behalf of the Registrar's brand.
Make Revenue From Trading Web Page Hosting Accounts Too
A perfect addition to your domain name reseller business would be to sell web hosting accounts too. Thereby, you can offer a package deal to people who desire to develop their web page and demand both a domain and a web hosting account. A few companies offer such options. With 'ResellersPanel', for example, you can run a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and charge-free billing transaction software to charge your clients. You can then sell TLDs and shared hosting plans to customers, and since they offer a lot of different domain name extensions, you will be able to provide domain name and hosting services to persons from all over the globe.