Domain name reseller
The World Wide Web is an ever-increasing network that delivers new opportunities to gain money on the Web. One of these options is to become a domain reseller and sell domain names to end users, generating revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered every day, and there are 1 000 000's of currently functioning domain names, so this is a flowering business niche that you can be involved in.
Top-Level and Second-Level Domains
A domain name is composed of two components - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The gTLDs include the most common domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs are composed of two-letter abbreviations that signify each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a country-code TLD, has a Registry - an organization that tackles the registrations and determines the preconditions that each specific TLD may involve, like the length of the registration period or the citizenship of the registrant. A number of Registrar firms operate under the Registry. These are the firms that in fact offer the domain name to clients and manage all domain records.
Make Cash From Trading Domains
Many Registrars have reseller programs that allow people to make cash from selling domains to end customers. If you sign up for such a program, you can start your own Internet business. Usually, a domain will be more inexpensive if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end customer. The reason is that resellers can contact more individuals in local communities or states where the Registrar may not be popular at all. This means more sales for the Registrar, so both sides will take advantage of that. Your revenue will be the difference between the price that the client pays and the one that the Registrar levies for the domain registration.
Offer Top-Level Domains On Behalf Of Your Own Personal Trademark Name
When you sign up for a domain name reseller program, you will acquire a hosting Control Panel where you can select the prices for the separate top-level domain names that the Registrar provides. Most corporations also provide billing management software and website templates for your virtual shop, and the automation of the entire procedure coupled with the proliferating demand for domain names make the domain reseller market so seductive. You will either acquire a pre-developed website and use the Registrar system to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can set up your own site and form for placing orders. Usually, you have the opportunity to decide between the 2 possibilities, so it all depends on how practiced you are in these issues. As a domain reseller, you will sell under your very own brand and not on behalf of the Registrar's brand.
Earn Revenue From Selling Hosting Plans Too
A perfect addition to your domain reseller business would be to sell web hosting solutions as well. Thus, you can offer a package deal to persons who would like to make their website and need both a domain name and a website hosting account. Given firms have such options. With 'ResellersPanel', for example, you can purchase a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and free billing management software to charge your customers. You can then sell TLDs and shared web hosting packages to customers, and since they offer plenty of diverse domain extensions, you will be able to provide domain and hosting services to clients from all over the globe.