Domain name reseller
The World Wide Web is an ever-enlarging system that supplies new possibilities to make money on the Internet. One of these options is to be a domain reseller and sell domain names to end clients, generating revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered every day, and there are 1 000 000's of presently active domain names, so this is an expanding business niche that you can become involved in.
Top-Level and Second-Level Domains
A domain comprises 2 pieces - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The gTLDs comprise the most popular domain extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs contain 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 generic TLD or a country-code top-level domain name, has a Registry - an organization that tackles the registrations and determines the preconditions that each given top-level domain name may impose, among them the duration of the registration period or the citizenship of the registrant. Certain Registrar companies work under the Registry. These are the companies that actually sell the domain name to customers and administer all domain resource records.
Gain Cash From Trading Domains
Lots of Registrars have reseller programs that enable people to make revenue from offering domains to end customers. If you sign up for such a program, you can kickstart your own web business. Commonly, a domain will be more inexpensive if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end customer. The cause is that resellers can reach more people in regions or states where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both parties 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 registration.
Offer Domains Under Your Own Personal Brand Name
When you register with a domain name reseller program, you will have a hosting Control Panel where you can select the prices for the separate TLDs that the Registrar provides. Most firms also provide billing software and site layouts for your web storefront, and the automation of the whole process together with the great demand for domains render the domain name reseller industry so attractive. You will either obtain a pre-built site and avail of the Registrar system to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can create your very own online portal and form for placing orders. Typically, you have the opportunity to pick between the two possibilities, so it all depends on how trained you are in these matters. As a domain reseller, you will operate under your personal brand and not on behalf of the Registrar's brand.
Make Profit From Selling Webspace Hosting Packages As Well
An appropriate addition to your domain name reseller business would be to sell web hosting packages too. In this way, you can give a package deal to clients who wish to make their website and require both a domain and a web hosting account. A number of firms provide such options. With 'ResellersPanel', for example, you can buy a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and cost-free billing management software to bill your clients. You can then offer Top-Level Domains and shared website hosting packages to clients, and since they provide many different domain extensions, you will be able to offer domain and hosting services to persons from all over the globe.