Domain name reseller
The World Wide Web is an ever-expanding platform that supplies new opportunities to make cash online. One of these options is to be a domain name reseller and offer domains to end customers, earning revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered each and every day, and there are 1 000 000's of presently functioning domains, so this is a blossoming business niche that you can be a part of.
Top-Level and Second-Level Domains
A domain name is composed of two pieces - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains include the most conventional domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs contain two-character abbreviations that represent each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a ccTLD, has a Registry - an institution that handles the registrations and determines the preconditions that each particular TLD may include, including the length of the registration term or the citizenship of the registrant. Certain Registrar companies operate under the Registry. These are the companies that actually sell the domain name to customers and administer all domain records.
Gain Money From Selling Domain Names
Numerous Registrars have reseller programs that allow individuals to gain profit from selling domains to end clients. If you register with such a program, you can kick off your own online business. Generally, a domain will be more inexpensive if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end customer. The explanation is that resellers can reach more persons in areas or countries where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both sides will benefit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar requires for the domain name registration.
Offer Domains On Behalf Of Your Personal Brand
When you sign up for a domain name reseller program, you will obtain a webspace hosting Control Panel where you can set the prices for the separate TLDs that the Registrar provides. Most companies also offer invoice transaction software and web site templates for your web storefront, and the automation of the whole process combined with the expanding demand for domain names render the domain reseller industry so attractive. You will either have a ready-to-use site and use the Registrar platform to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can build your very own personal web page and form for placing orders. Typically, you have the opportunity to decide between the two options, so it all depends on how practiced you are in these issues. As a domain reseller, you will sell on behalf of your very own brand and not on behalf of the Registrar's brand.
Gain Money From Offering Web Page Hosting Packages As Well
An adequate addition to your domain name reseller business would be to sell web hosting accounts too. Thus, you can offer a package deal to persons who want to manage their online portal and need both a domain name and a web site hosting package. Some firms have such options. With 'ResellersPanel', for example, you can manage a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and free-of-cost invoice management software to bill your clients. You can then sell domains and shared website hosting packages to customers, and since they offer a lot of different domain extensions, you will be able to offer domain and hosting services to persons from all over the world.