Domain name reseller
The World Wide Web is an ever-enlarging network that supplies new ways to gain cash online. One of them is to be a domain reseller and offer domain names to end customers, earning profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered every day, and there are millions of presently active domains, so this is an increasing business niche that you can become involved in.
TLDs and SLDs
A domain name includes 2 parts - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The gTLDs comprise the most conventional domain extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names are composed of 2-character abbreviations that correspond to each country. Examples of country-code TLDs 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, has a Registry - an institution that handles the registrations and determines the prerequisites that each specific TLD may include, including the duration of the registration period or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the firms that in fact offer the domain name to customers and manage all DNS records.
Gain Money From Reselling Domains
Many Registrars have reseller programs that permit people to earn money from offering domains to end clients. If you sign up for such a program, you can initiate your own e-business. Commonly, a domain will cost less if it is registered through a reseller rather than if it is bought straight from the Registrar by an end customer. The reason is that resellers can reach more customers in local districts or countries where the Registrar may not be popular at all. This means more sales for the Registrar, so both parties will profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar imposes for the domain name registration.
Offer Domains Under Your Own Personal Brand Name
When you sign up for a domain name reseller program, you will get a webspace hosting CP where you can set the prices for the specific top-level domain names that the Registrar offers. Most firms also provide invoice software and web design skins for your online storefront, and the automation of the entire procedure combined with the swelling demand for domain names render the domain reseller business niche so alluring. You will either have a ready-to-use website and utilize the Registrar system to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your own personal site and order form. Typically, you have the opportunity to select between the two possibilities, so it all depends on how experienced you are in these affairs. As a domain name reseller, you will work on behalf of your very own personal brand and not under the Registrar's brand.
Make Money From Offering Web Site Hosting Accounts Too
A perfect supplement to your domain name reseller business would be to sell web hosting plans too. In this way, you can offer a package deal to people who desire to launch their site and need both a domain and a hosting package. Particular corporations furnish such options. With 'ResellersPanel', for example, you can have a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and free-of-charge invoice software to bill your customers. You can then sell domain names and shared hosting accounts to clients, and since they offer a lot of different domain name extensions, you will be able to offer domain and hosting services to people from all over the globe.