Domain name reseller
The Internet is an ever-developing network that generates new options to earn cash on the Internet. One of them is to be a domain reseller and sell domains to end users, gaining 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 domains, so this is a blooming business niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain name includes two constituents - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic TLDs comprise the most conventional domain extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs involve two-letter abbreviations that signify each country. Instances of country-code Top-Level Domains 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 organization that deals with the registrations and determines the preconditions that each given top-level domain name may contain, such as the duration of the registration period or the citizenship of the registrant. Certain Registrar corporations operate under the Registry. These are the corporations that in fact offer the domain name to customers and handle all domain name records.
Gain Money From Reselling Domains
Lots of Registrars have reseller programs that enable people to gain money from offering domains to end users. If you register with such a program, you can initiate your very own web business. Normally, a domain name will be cheaper if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end client. The reason is that resellers can contact more people in local regions or states where the Registrar may not be popular at all. This means more sales for the Registrar, so both sides will take advantage of that. Your profit will be the difference between the price that the client pays and the one that the Registrar levies for the domain name registration.
Sell Domains Under Your Personal Brand
When you register with a domain name reseller program, you will receive a webspace hosting CP where you can settle the prices for the different top-level domain names that the Registrar provides. Most corporations also offer invoice software and design layouts for your virtual shop, and the automation of the entire process together with the big demand for domains render the domain reseller business so attractive. You will either obtain a ready-made web site and use the Registrar platform to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can build your own web portal and order form. Generally, you have the option to decide between the two possibilities, so it all revolves around how accomplished you are in these issues. As a domain name reseller, you will do business under your personal trademark name and not under the Registrar's brand.
Make Revenue From Selling Web Hosting Accounts Too
A relevant supplement to your domain reseller business would be to sell web hosting packages as well. In this way, you can offer a package deal to individuals who wish to have their web page and demand both a domain and a webspace hosting package. Particular companies furnish such options. With 'ResellersPanel', for example, you can have a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and free-of-cost invoicing software to charge your customers. You can then sell Top-Level Domains and shared website hosting packages to customers, and since they offer many diverse domain name extensions, you will be able to offer domain and hosting services to individuals from all over the globe.