Domain name reseller
The Internet is an ever-expanding system that offers new possibilities to make cash on the Internet. One of these options is to become a domain reseller and offer domain names to end users, earning profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered each day, and there are 1 000 000's of presently active domain names, so this is an increasing business niche that you can become involved in.
TLDs and SLDs
A domain name is made of 2 pieces - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic Top-Level Domains include the most popular domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs are composed of two-character abbreviations that denote each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a country-code Top-Level Domain, has a Registry - an institution that handles the registrations and determines the preconditions that each given TLD may entail, like the duration of the registration term or the residency of the registrant. Certain Registrar corporations work under the Registry. These are the firms that in fact offer the domain name to clients and manage all domain name resource records.
Gain Revenue From Selling Domain Names
Lots of Registrars have reseller programs that permit individuals to earn cash from offering domains to end customers. If you subscribe to such a program, you can build your own personal e-business. Usually, a domain will be cheaper if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end customer. The cause is that resellers can contact more customers in regional communities or countries where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both parties will profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar levies for the domain name registration.
Resell Domain Names Under Your Own Trademark Name
When you sign up for a domain reseller program, you will obtain a web hosting Control Panel where you can settle the prices for the individual TLDs that the Registrar offers. Most firms also provide invoicing transaction software and themes for your online store, and the automation of the entire procedure together with the towering demand for domains make the domain name reseller business niche so tempting. You will either acquire a turn-key site and avail of the Registrar platform to sell domains, or they will give you access to their API (Application Programming Interface) so that you can build your very own personal site and form for placing orders. Commonly, you have the option to decide between the 2 possibilities, so it all depends on how advanced you are in these matters. As a domain reseller, you will work on behalf of your personal brand and not under the Registrar's brand.
Make Revenue From Providing Web Space Hosting Accounts As Well
A relevant supplement to your domain name reseller business would be to sell web hosting plans as well. Thus, you can offer a package deal to users who desire to launch their site and require both a domain name and a site hosting package. Certain firms provide such options. With 'ResellersPanel', for instance, you can purchase a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and free billing software to charge your clients. You can then sell Top-Level Domains and shared website hosting accounts to customers, and since they offer lots of different domain extensions, you will be able to provide domain and hosting services to customers from all over the globe.