Domain name reseller
The Internet is an ever-enlarging platform that delivers new options to earn cash on the Internet. One of these options is to be a domain name reseller and sell domains to end users, earning revenue 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 1 000 000's of currently active domain names, so this is a blooming business niche that you can become involved in.
Top-Level and Second-Level Domains
A domain name comprises 2 pieces - a top-level domain name (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 TLDs can be generic or country code. The generic TLDs comprise the most common domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names contain 2-character abbreviations that signify each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a ccTLD, has a Registry - an organization that handles the registrations and determines the preconditions that each given Top-Level Domain may involve, like the duration of the registration period or the residency of the registrant. A number of Registrar corporations work under the Registry. These are the firms that in fact offer the domain name to clients and handle all domain records.
Make Money From Reselling Domain Names
Multiple Registrars have reseller programs that permit individuals to earn profit from selling domain names to end users. If you register with such a program, you can commence your own personal online business. Commonly, a domain name will be cheaper if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end client. The explanation is that resellers can contact more clients in areas or countries where the Registrar may not be popular at all. 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 requires for the domain registration.
Offer Domain Names On Behalf Of Your Own Brand
When you register with a domain name reseller program, you will get a web hosting Control Panel where you can select the prices for the specific Top-Level Domains that the Registrar provides. Most companies also provide billing transaction software and website skins for your virtual shop, and the automation of the whole process coupled with the high demand for domain names render the domain reseller market so attractive. You will either have a ready-made website and use the Registrar platform to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can build your very own personal web page and order form. Normally, you have the option to pick between the two options, so it all depends on how expert you are in these affairs. As a domain name reseller, you will do business on behalf of your own trademark name and not on behalf of the Registrar's brand.
Gain Cash From Offering Web Site Hosting Accounts Too
A relevant supplement to your domain name reseller business would be to sell web hosting accounts as well. In this way, you can offer a package deal to customers who want to build their web portal and require both a domain name and a web hosting plan. Certain companies provide such options. With 'ResellersPanel', for instance, you can have a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost invoicing software to charge your customers. You can then offer domains and shared web hosting plans to clients, and since they provide plenty of diverse domain name extensions, you will be able to offer domain name and hosting services to customers from all around the world.