Domain name reseller
The Internet is an ever-flourishing community that generates new opportunities to gain cash online. One of them is to become a domain name reseller and offer domains to end clients, generating revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered each and every day, and there are 1 000 000's of currently active domain names, so this is a blossoming trading niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain includes 2 constituents - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic top-level domain names include the most widespread domain name extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names contain two-letter abbreviations that stand for each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a ccTLD, has a Registry - an organization that tackles the registrations and sets the requirements that each given TLD may include, such as the duration of the registration term or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the firms that actually offer the domain name to customers and administer all domain name resource records.
Earn Revenue From Reselling Domain Names
Plenty of Registrars have reseller programs that enable individuals to gain profit from selling domains to end clients. If you sign up for such a program, you can launch your very own web business. Typically, a domain name will be more inexpensive if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end user. The cause is that resellers can reach more users in local regions or states where the Registrar may not be famous at all. This implies more sales for the Registrar, so both sides 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 name registration.
Offer Domains On Behalf Of Your Own Personal Brand
When you register with a domain reseller program, you will receive a hosting Control Panel where you can choose the prices for the various top-level domain names that the Registrar provides. Most companies also offer invoice software and design templates for your virtual store, and the automation of the whole process together with the enlarging demand for domains make the domain name reseller business niche so alluring. You will either have a turn-key website and make use of the Registrar platform to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can set up your very own personal web site and order form. Typically, you have the option to select between the two options, so it all depends on how advanced you are in these affairs. As a domain reseller, you will sell on behalf of your very own brand name and not on behalf of the Registrar's.
Earn Profit From Offering Website Hosting Services As Well
A suitable supplement to your domain name reseller business would be to sell web hosting services as well. In this way, you can offer a package deal to people who would like to have their website and require both a domain name and a web space hosting package. Some firms provide such options. With 'ResellersPanel', for example, you can order a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and charge-free invoice management software to bill your clients. You can then offer domains and shared website hosting packages to clients, and since they provide lots of different domain extensions, you will be able to provide domain name and hosting services to people from all around the globe.