Domain name reseller
The Internet is an ever-flourishing network that offers new possibilities to earn cash on the Web. One of these possibilities is to become a domain name reseller and offer domains to end customers, earning profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered each and every day, and there are millions of presently active domains, so this is an expanding business niche that you can become engaged in.
TLDs and SLDs
A domain name consists of 2 constituents - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The gTLDs comprise the most widespread domain name extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs involve two-letter abbreviations that symbolize each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a ccTLD, has a Registry - an organization that deals with the registrations and determines the preconditions that each concrete top-level domain name may involve, like the duration of the registration term or the citizenship of the registrant. Certain Registrar companies work under the Registry. These are the companies that actually sell the domain name to clients and administer all DNS records.
Gain Cash From Offering Domains
A lot of Registrars have reseller programs that allow individuals to make money from selling domains to end clients. If you register with such a program, you can begin your very own electronic business. As a rule, a domain name will be more inexpensive if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end client. The reason is that resellers can reach more individuals in regional districts or countries where the Registrar may not be famous at all. This means more sales for the Registrar, so both parties will cash in on that. Your revenue will be the difference between the price that the user pays and the one that the Registrar requires for the domain name registration.
Offer Domains On Behalf Of Your Very Own Personal Trademark Name
When you subscribe to a domain name reseller program, you will get a web page hosting CP where you can fix the prices for the individual TLDs that the Registrar provides. Most firms also provide invoice management software and site themes for your virtual store, and the automation of the entire procedure coupled with the great demand for domain names make the domain reseller business niche so desirable. You will either get a pre-developed website and avail of the Registrar system to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can make your very own personal web portal and form for placing orders. Generally, you have the opportunity to choose between the 2 alternatives, so it all revolves around how advanced you are in these affairs. As a domain reseller, you will operate on behalf of your own personal brand and not under the Registrar's brand.
Gain Money From Providing Website Hosting Solutions As Well
A relevant addition to your domain name reseller business would be to sell web hosting plans too. Thereby, you can give a package deal to persons who desire to set up their online portal and require both a domain name and a hosting plan. Some corporations offer such options. With 'ResellersPanel', for instance, you can buy a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and charge-free billing software to bill your clients. You can then sell domain names and shared hosting packages to clients, and since they offer many diverse domain name extensions, you will be able to offer domain and hosting services to users from all around the globe.