Domain name reseller
The World Wide Web is an ever-growing system that generates new options to make cash on the Internet. One of them is to become a domain reseller and sell domain names to end users, generating profit 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 presently functioning domains, so this is an increasing business niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain name is composed of two constituents - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic Top-Level Domains comprise the most widely used domain name extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains are made of two-letter abbreviations that correspond to each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a country-code Top-Level Domain, has a Registry - an institution that manages the registrations and sets the preconditions that each specific Top-Level Domain may include, such as the duration of the registration term or the residency of the registrant. Certain Registrar firms work under the Registry. These are the corporations that in fact offer the domain name to customers and administer all domain records.
Earn Money From Selling Domain Names
Lots of Registrars have reseller programs that permit individuals to make profit from offering domains to end clients. If you register with such a program, you can commence your very own personal web business. Usually, 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 user. The explanation is that resellers can contact more people in provinces or countries where the Registrar may not be popular at all. This means more sales for the Registrar, so both sides 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 TLDs On Behalf Of Your Personal Trademark Name
When you sign up for a domain reseller program, you will receive a hosting CP where you can set the prices for the separate top-level domain names that the Registrar provides. Most firms also offer invoicing software and web design templates for your web store, and the automation of the whole process coupled with the vast demand for domains make the domain reseller business niche so alluring. You will either have a pre-built site and avail of the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can build your own web site and order form. Usually, you have the opportunity to pick between the 2 alternatives, so it all depends on how trained you are in these things. As a domain name reseller, you will work on behalf of your own brand and not on behalf of the Registrar's brand.
Make Money From Supplying Website Hosting Solutions Too
A proper addition to your domain reseller business would be to sell web hosting accounts as well. In this way, you can give a package deal to users who would like to establish their site and need both a domain and a web space hosting plan. Some companies provide such options. With 'ResellersPanel', for instance, you can manage a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and free-of-cost billing management software to charge your customers. You can then sell domain names and shared website hosting plans to clients, and since they provide lots of different domain name extensions, you will be able to provide domain name and hosting services to customers from all around the world.