Domain name reseller
The Internet is an ever-increasing network that furnishes new opportunities to gain cash on the Web. One of these opportunities is to be a domain reseller and offer domain names to end customers, making profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered every day, and there are 1 000 000's of presently functioning domain names, so this is a blooming business niche that you can become a part of.
Top-Level and Second-Level Domains
A domain contains 2 entities - 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.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The gTLDs comprise the most conventional domain extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains are made of two-character abbreviations that symbolize each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code TLD, has a Registry - an institution that is responsible for the registrations and determines the preconditions that each given top-level domain name may impose, including the duration of the registration term or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the corporations that actually sell the domain name to customers and administer all domain name records.
Earn Cash From Reselling Domains
Plenty of Registrars have reseller programs that permit individuals to gain revenue from selling domain names to end users. If you register with such a program, you can commence your very own electronic business. Generally, a domain name will cost less if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end user. The cause is that resellers can contact more individuals in local districts or states where the Registrar may not be known at all. This implies more sales for the Registrar, so both parties 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.
Sell Top-Level Domain Names Under Your Very Own Trademark Name
When you subscribe to a domain reseller program, you will get a CP where you can settle the prices for the individual top-level domain names that the Registrar offers. Most firms also offer invoicing transaction software and website templates for your online store, and the automation of the entire process together with the growing demand for domain names render the domain reseller business niche so tempting. You will either receive a ready-to-use site and utilize the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your own personal online portal and form for placing orders. Usually, you have the opportunity to pick between the two options, so it all depends on how expert you are in these issues. As a domain reseller, you will operate on behalf of your own personal brand name and not on behalf of the Registrar's brand.
Gain Money From Promoting Web Page Hosting Accounts As Well
A logical supplement to your domain reseller business would be to sell web hosting services as well. Thus, you can offer a package deal to individuals who want to develop their website and need both a domain and a web hosting account. Certain companies furnish such options. With 'ResellersPanel', for instance, you can order a Virtual Server or a dedicated server, and they will also give you a domain reseller account and free invoice software to bill your clients. You can then offer domains and shared hosting accounts to clients, and since they provide a lot of different domain extensions, you will be able to provide domain and hosting services to individuals from all around the globe.