Domain name reseller
The Internet is an ever-expanding network that provides new opportunities to earn cash on the Web. One of these options is to be a domain name reseller and offer domains to end users, earning revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered each day, and there are millions of currently functioning domains, so this is a developing business niche that you can be involved in.
Top-Level and Second-Level Domains
A domain is made of 2 pieces - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic top-level domain names include the most popular domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names are composed of 2-letter abbreviations that stand for each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code Top-Level Domain, has a Registry - an organization that deals with the registrations and determines the preconditions that each concrete TLD may impose, like the length of the registration period or the residency of the registrant. A number of Registrar corporations work under the Registry. These are the companies that actually sell the domain name to customers and handle all DNS resource records.
Earn Cash From Selling Domain Names
Plenty of Registrars have reseller programs that allow people to make profit from offering domains to end customers. If you sign up for such a program, you can initiate your own web business. Commonly, a domain will be cheaper if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end user. The reason is that resellers can reach more users in local regions or states where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both parties will take advantage of 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.
Sell Domain Names Under Your Very Own Personal Brand Name
When you sign up for a domain name reseller program, you will obtain a Control Panel where you can set the prices for the separate Top-Level Domains that the Registrar provides. Most corporations also provide billing management software and web design themes for your web store, and the automation of the entire process combined with the great demand for domain names make the domain reseller business so alluring. You will either have a turn-key site and make use of 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 very own portal and order form. Typically, you have the opportunity to select between the two alternatives, so it all depends on how proficient you are in these issues. As a domain name reseller, you will do business under your very own personal brand name and not under the Registrar's.
Earn Profit From Offering Web Hosting Services Too
A nice addition to your domain reseller business would be to sell web hosting plans too. Thus, you can give a package deal to individuals who wish to create their web site and need both a domain and a site hosting account. Given corporations offer such options. With 'ResellersPanel', for instance, you can order a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and free-of-charge invoice transaction software to charge your clients. You can then offer top-level domain names and shared web hosting packages to customers, and since they provide plenty of diverse domain extensions, you will be able to provide domain and hosting services to individuals from all over the world.