Domain name reseller
The World Wide Web is an ever-flourishing network that delivers new options to make cash on the Web. One of these possibilities is to become a domain name reseller and sell domains to end customers, making profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered every day, and there are millions of currently active domains, so this is a flourishing marketing niche that you can become involved in.
Top-Level and Second-Level Domains
A domain name comprises 2 entities - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most conventional domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs comprise 2-character abbreviations that signify each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a country-code one, has a Registry - an organization that administers the registrations and determines the preconditions that each particular top-level domain name may entail, including the length of the registration term or the residency of the registrant. Certain Registrar corporations work under the Registry. These are the firms that in fact sell the domain name to customers and handle all domain records.
Earn Profit From Selling Domains
Many Registrars have reseller programs that enable people to make cash from offering domain names to end customers. If you subscribe to such a program, you can set up your very own personal electronic business. As a rule, a domain name will cost less if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end client. The reason is that resellers can reach more persons in provinces or states where the Registrar may not be popular at all. This means more sales for the Registrar, so both sides will earn a profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar requires for the domain name registration.
Resell Top-Level Domains Under Your Own Brand
When you sign up for a domain reseller program, you will acquire a web page hosting Control Panel where you can choose the prices for the different TLDs that the Registrar offers. Most companies also offer invoicing transaction software and web page themes for your online shop, and the automation of the whole procedure coupled with the rising demand for domains render the domain name reseller industry so attractive. You will either get a pre-developed web site and avail of the Registrar system to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can set up your own website and form for placing orders. Typically, you have the option to select between the two possibilities, so it all depends on how trained you are in these matters. As a domain reseller, you will work on behalf of your personal brand and not under the Registrar's.
Gain Money From Offering Web Site Hosting Services Too
A nice supplement to your domain reseller business would be to sell web hosting packages as well. Thereby, you can offer a package deal to customers who want to develop their website and require both a domain name and a website hosting package. A few corporations furnish such options. With 'ResellersPanel', for example, you can manage a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and free invoice transaction software to charge your clients. You can then sell Top-Level Domains and shared hosting plans to clients, and since they offer many diverse domain name extensions, you will be able to provide domain and hosting services to users from all around the globe.