Domain name reseller
The World Wide Web is an ever-expanding community that provides new options to earn cash on the Web. One of them is to become a domain name reseller and sell domain names to end users, generating profit 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 millions of presently active domain names, so this is an enlarging business niche that you can become a part of.
TLDs and SLDs
A domain is made of 2 pieces - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic TLDs include the most famous domain extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs include two-character abbreviations that represent each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic Top-Level Domain or a ccTLD, has a Registry - an organization that administers the registrations and sets the prerequisites that each specific top-level domain name may contain, like the duration of the registration period or the citizenship of the registrant. Certain Registrar firms operate under the Registry. These are the corporations that in fact sell the domain name to customers and manage all domain resource records.
Make Revenue From Selling Domain Names
A lot of Registrars have reseller programs that permit individuals to earn profit from offering domain names to end customers. If you register with such a program, you can set up your own personal web business. Typically, a domain will be cheaper if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end customer. The cause is that resellers can reach more clients in local districts or states where the Registrar may not be popular whatsoever. This means 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 imposes for the domain registration.
Offer Domain Names Under Your Own Personal Brand Name
When you subscribe to a domain reseller program, you will get a site hosting CP where you can fix the prices for the individual Top-Level Domains that the Registrar provides. Most companies also provide billing transaction software and web page themes for your online storefront, and the automation of the whole process together with the increasing demand for domain names render the domain reseller market so seductive. You will either receive a ready-to-use web site and avail of 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 very own web page and form for placing orders. Traditionally, you have the option to select between the 2 options, so it all revolves around how skillful you are in these issues. As a domain name reseller, you will do business on behalf of your own personal trademark name and not under the Registrar's brand.
Gain Revenue From Promoting Hosting Packages Too
An appropriate supplement to your domain reseller business would be to sell web hosting solutions too. Thus, you can offer a package deal to users who desire to manage their site and require both a domain name and a web hosting account. A few firms provide such options. With 'ResellersPanel', for example, you can order a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and free-of-cost invoice management software to charge your clients. You can then offer top-level domain names and shared website hosting packages to customers, and since they provide a lot of diverse domain extensions, you will be able to offer domain name and hosting services to persons from all around the world.