Domain name reseller
The World Wide Web is an ever-growing network that offers new opportunities to make cash on the Web. One of them is to be a domain reseller and offer domains to end users, generating profit from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered each and every day, and there are millions of presently functioning domain names, so this is a growing business niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain involves 2 pieces - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic Top-Level Domains comprise the best known domain extensions like .com, .net, .org, .mobi, .info, while the ccTLDs are composed of 2-letter abbreviations that denote each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a country-code top-level domain name, has a Registry - an organization that is responsible for the registrations and sets the requirements that each specific TLD may include, like the duration of the registration term or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the firms that in fact sell the domain name to customers and manage all domain name resource records.
Earn Profit From Selling Domains
Numerous Registrars have reseller programs that permit individuals to earn cash from selling domains to end customers. If you sign up for such a program, you can begin your own Internet business. Generally, a domain will be more inexpensive if it is registered through a reseller rather than if it is bought straight from the Registrar by an end user. The explanation is that resellers can contact more users in local communities or countries where the Registrar may not be famous at all. This means more sales for the Registrar, so both parties will benefit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar imposes for the domain name registration.
Offer Domains On Behalf Of Your Own Personal Brand Name
When you sign up for a domain reseller program, you will get a web page hosting CP where you can settle the prices for the individual Top-Level Domains that the Registrar offers. Most firms also offer billing software and website skins for your online shop, and the automation of the whole process coupled with the considerable demand for domain names make the domain name reseller business niche so attractive. You will either get a turn-key site and avail of the Registrar platform to sell domains, or they will give you access to their API (Application Programming Interface) so that you can build your very own site and form for placing orders. Usually, you have the option to select between the 2 alternatives, so it all revolves around how expert you are in these affairs. As a domain name reseller, you will work under your very own personal brand and not under the Registrar's brand.
Make Cash From Selling Web Hosting Solutions Too
An adequate supplement to your domain reseller business would be to sell web hosting plans as well. Thus, you can give a package deal to clients who would like to have their web portal and demand both a domain and a hosting account. Given corporations have such options. With 'ResellersPanel', for example, you can buy a VPS or a dedicated server, and they will also give you a domain name reseller account and free-of-cost billing management software to charge your customers. You can then offer top-level domain names and shared website hosting accounts to customers, and since they provide lots of diverse domain extensions, you will be able to provide domain name and hosting services to persons from all around the globe.