Domain name reseller
The World Wide Web is an ever-developing platform that generates new possibilities to earn cash on the Internet. One of them is to be a domain name reseller and offer domains to end users, earning revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered every day, and there are 1 000 000's of currently active domains, so this is a growing business niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain name involves two entities - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code TLDs
The Top-Level Domains 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 comprise two-letter abbreviations that correspond to each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a country-code TLD, has a Registry - an institution that administers the registrations and determines the requirements that each particular top-level domain name may entail, like the length of the registration term or the citizenship of the registrant. A number of Registrar firms operate under the Registry. These are the firms that actually sell the domain name to clients and manage all DNS resource records.
Make Revenue From Reselling Domains
A lot of Registrars have reseller programs that allow people to earn cash from offering domain names to end clients. If you subscribe to such a program, you can set up your own electronic business. Normally, a domain will be cheaper if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end user. The explanation is that resellers can reach more people in regional communities or countries 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 name registration.
Sell Top-Level Domains On Behalf Of Your Own Brand Name
When you register with a domain reseller program, you will have a web hosting CP where you can select the prices for the various top-level domain names that the Registrar offers. Most corporations also provide billing management software and layouts for your online shop, and the automation of the whole process together with the towering demand for domains make the domain reseller business niche so seductive. You will either get a ready-made website and avail of the Registrar platform to sell 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. Normally, you have the option to select between the two alternatives, so it all revolves around how expert you are in these affairs. As a domain name reseller, you will do business under your personal trademark name and not under the Registrar's brand.
Earn Cash From Offering Webspace Hosting Packages Too
A sensible addition to your domain reseller business would be to sell web hosting solutions as well. Thereby, you can offer a package deal to users who desire to establish their web site and demand both a domain name and a website hosting package. Given corporations offer such options. With 'ResellersPanel', for instance, you can purchase a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and charge-free invoice management software to bill your customers. You can then sell Top-Level Domains and shared web hosting plans to customers, and since they offer a lot of diverse domain extensions, you will be able to provide domain and hosting services to users from all around the globe.