Domain name reseller
The Internet is an ever-enlarging network that generates new opportunities to gain money online. One of these possibilities is to become a domain reseller and sell domains to end customers, generating revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered each and every day, and there are millions of presently functioning domains, so this is a flourishing business niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain includes two components - 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.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The gTLDs include the most widely used domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names consist of 2-character abbreviations that represent each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code one, has a Registry - an institution that manages the registrations and sets the preconditions that each given top-level domain name may have, such as the length of the registration term or the citizenship of the registrant. Certain Registrar firms operate under the Registry. These are the firms that actually sell the domain name to clients and administer all DNS resource records.
Earn Cash From Offering Domain Names
Multiple Registrars have reseller programs that enable individuals to gain money from selling domain names to end users. If you register with such a program, you can kick off your very own personal electronic business. Usually, 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 customer. The cause is that resellers can contact more customers in regional communities or countries where the Registrar may not be popular at all. This means 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 requires for the domain name registration.
Offer Top-Level Domain Names On Behalf Of Your Own Personal Brand Name
When you sign up for a domain name reseller program, you will get a webspace hosting CP where you can fix the prices for the separate top-level domain names that the Registrar offers. Most corporations also provide invoice transaction software and site templates for your virtual storefront, and the automation of the whole procedure together with the great demand for domains make the domain reseller business so tempting. You will either obtain a ready-for-use web site and make use of 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 personal website and order form. Typically, you have the option to select between the 2 options, so it all depends on how skillful you are in these issues. As a domain reseller, you will operate under your own personal brand name and not on behalf of the Registrar's.
Gain Cash From Supplying Site Hosting Packages Too
A suitable supplement to your domain reseller business would be to sell web hosting packages as well. Thereby, you can offer a package deal to persons who would like to make their web site and need both a domain and a web site hosting account. A number of corporations offer such options. With 'ResellersPanel', for example, you can manage a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and free invoice transaction software to bill your clients. You can then offer domain names and shared hosting packages to clients, and since they provide many different domain extensions, you will be able to offer domain name and hosting services to customers from all around the globe.