Domain name reseller
The Internet is an ever-flourishing platform that generates new options to make cash on the Internet. One of them is to become a domain reseller and offer domain names to end clients, earning revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered each day, and there are millions of currently functioning domain names, so this is a flourishing business niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain is composed of 2 components - a Top-Level Domain (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 name.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The gTLDs comprise the most conventional domain extensions like .com, .net, .org, .mobi, .info, while the ccTLDs contain 2-character abbreviations that represent each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code top-level domain name, has a Registry - an organization that administers the registrations and determines the preconditions that each concrete TLD may impose, such as the duration of the registration period or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the firms that actually offer the domain name to clients and administer all domain records.
Make Money From Trading Domains
Lots of Registrars have reseller programs that permit people to gain profit from selling domain names to end clients. If you subscribe to such a program, you can initiate your own personal electronic business. Usually, a domain name will be more inexpensive if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end user. The cause is that resellers can contact more people in local districts or countries where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both parties will cash in on that. Your profit will be the difference between the price that the user pays and the one that the Registrar levies for the domain registration.
Resell Domains Under Your Own Brand
When you register with a domain reseller program, you will obtain a hosting Control Panel where you can fix the prices for the specific top-level domain names that the Registrar offers. Most companies also provide invoicing transaction software and web page templates for your web shop, and the automation of the whole procedure together with the increasing demand for domain names render the domain name reseller business so alluring. You will either acquire a turn-key web site and use the Registrar system to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can make your own site and form for placing orders. Commonly, you have the opportunity to pick between the two alternatives, so it all depends on how accomplished you are in these issues. As a domain reseller, you will do business under your very own brand name and not under the Registrar's.
Make Profit From Providing Web Site Hosting Solutions As Well
A perfect supplement to your domain name reseller business would be to sell web hosting services as well. Thus, you can offer a package deal to customers who would like to have their site and require both a domain name and a web space hosting package. Particular companies offer such options. With 'ResellersPanel', for example, you can run a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge invoice transaction software to bill your clients. You can then sell Top-Level Domains and shared web hosting accounts to clients, and since they offer many diverse domain extensions, you will be able to provide domain name and hosting services to individuals from all around the globe.