Domain name reseller
The Internet is an ever-enlarging system that generates new options to earn cash on the Internet. One of them is to be a domain name reseller and offer domain names to end users, gaining profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered each and every day, and there are millions of currently functioning domains, so this is a thriving business niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain involves two pieces - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic top-level domain names include the most conventional domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains are composed of two-letter abbreviations that denote each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a ccTLD, has a Registry - an organization that is responsible for the registrations and sets the requirements that each concrete Top-Level Domain may have, including the length of the registration period or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the firms that actually offer the domain name to clients and administer all domain resource records.
Earn Revenue From Offering Domains
A lot of Registrars have reseller programs that allow individuals to earn cash from offering domain names to end clients. If you sign up for such a program, you can initiate your own electronic business. Usually, a domain name will cost less if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end customer. The cause is that resellers can contact more people in regions or countries where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both sides will profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar requires for the domain name registration.
Sell Domains On Behalf Of Your Personal Brand
When you register with a domain reseller program, you will obtain a website hosting Control Panel where you can set the prices for the specific TLDs that the Registrar provides. Most firms also provide invoice software and design skins for your web storefront, and the automation of the whole process together with the towering demand for domain names make the domain reseller industry so tempting. You will either acquire a pre-developed web site and utilize the Registrar system to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can set up your own online portal and order form. Usually, you have the option to select between the 2 possibilities, so it all depends on how expert you are in these things. As a domain name reseller, you will work under your own brand and not on behalf of the Registrar's.
Make Profit From Supplying Site Hosting Packages As Well
A logical addition to your domain reseller business would be to sell web hosting plans as well. Thereby, you can give a package deal to individuals who want to make their online portal and demand both a domain and a web page hosting plan. Certain companies have such options. With 'ResellersPanel', for example, you can order a VPS or a dedicated server, and they will also offer you a domain name reseller account and cost-free invoicing transaction software to bill your customers. You can then offer domains and shared web hosting accounts to clients, and since they offer plenty of diverse domain name extensions, you will be able to offer domain name and hosting services to clients from all over the world.