Domain reseller
The World Wide Web is an ever-enlarging platform that offers new options to earn cash on the Internet. One of these options is to become a domain name reseller and offer domain names to end customers, earning profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered every day, and there are millions of presently active domains, so this is a blooming business niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain name comprises 2 constituents - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The gTLDs include the most widely used domain extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs include 2-letter abbreviations that represent each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code top-level domain name, has a Registry - an organization that is responsible for the registrations and determines the prerequisites that each specific TLD may entail, including the length of the registration period or the citizenship of the registrant. A number of Registrar corporations work under the Registry. These are the firms that actually sell the domain name to customers and manage all domain records.
Earn Cash From Reselling Domain Names
Multiple Registrars have reseller programs that enable individuals to make profit from offering domain names to end users. If you register with such a program, you can build your own web business. Usually, a domain name will cost less if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end user. The explanation is that resellers can contact more clients in local regions or states where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides will capitalize on that. Your profit will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain registration.
Sell Domains On Behalf Of Your Own Brand Name
When you subscribe to a domain reseller program, you will get a web page hosting Control Panel where you can set the prices for the separate TLDs that the Registrar offers. Most firms also offer billing transaction software and site skins for your online store, and the automation of the entire process combined with the rising demand for domains make the domain name reseller business so attractive. You will either obtain a pre-developed website and use the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can make your own web site and form for placing orders. Usually, you have the option to choose between the 2 possibilities, so it all revolves around how practiced you are in these things. As a domain name reseller, you will sell under your own personal trademark name and not under the Registrar's.
Make Profit From Promoting Web Hosting Solutions Too
A nice supplement to your domain reseller business would be to sell web hosting accounts as well. Thus, you can offer a package deal to people who desire to set up their online portal and demand both a domain name and a webspace hosting package. Particular firms have such options. With 'ResellersPanel', for example, you can run a Virtual Server or a dedicated server, and they will also give you a domain reseller account and charge-free invoice software to bill your customers. You can then offer top-level domain names and shared web hosting accounts to customers, and since they offer lots of different domain name extensions, you will be able to provide domain and hosting services to clients from all over the world.