Domain name reseller
The World Wide Web is an ever-increasing network that generates new possibilities to earn cash online. One of these possibilities is to be a domain reseller and sell domains to end clients, earning revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered every day, and there are millions of currently active domains, so this is a thriving business niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain consists of two components - a Top-Level Domain (TLD) and a Second-Level Domain (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 Domain Names
The TLDs can be generic or country code. The generic TLDs comprise the most widespread domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names involve 2-character abbreviations that denote each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a country-code one, has a Registry - an institution that administers the registrations and sets the preconditions that each specific top-level domain name may include, among them the duration of the registration period or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the companies that in fact sell the domain name to clients and handle all DNS records.
Earn Cash From Offering Domain Names
Numerous Registrars have reseller programs that enable people to earn cash from selling domains to end clients. If you subscribe to such a program, you can set up your very own personal web business. Normally, a domain will be more inexpensive if it is registered through a reseller rather than if it is bought straight from the Registrar by an end customer. The cause is that resellers can contact more people in regions or states where the Registrar may not be popular at all. This implies more sales for the Registrar, so both parties will benefit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar requires for the domain name registration.
Offer Domains Under Your Personal Brand
When you subscribe to a domain name reseller program, you will have a web space hosting Control Panel where you can fix the prices for the specific Top-Level Domains that the Registrar offers. Most companies also offer invoice software and website layouts for your online store, and the automation of the entire process coupled with the swelling demand for domains make the domain reseller business niche so alluring. You will either obtain a ready-for-use web site and make use of the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your very own personal web page and form for placing orders. Generally, you have the opportunity to decide between the two possibilities, so it all depends on how trained you are in these issues. As a domain name reseller, you will do business on behalf of your own trademark name and not under the Registrar's brand.
Gain Profit From Reselling Website Hosting Accounts Too
A nice addition to your domain reseller business would be to sell web hosting solutions as well. Thus, you can give a package deal to clients who desire to set up their web portal and need both a domain and a web page hosting package. Certain corporations supply such options. With 'ResellersPanel', for instance, you can buy a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost billing management software to charge your customers. You can then sell domains and shared website hosting packages to clients, and since they offer a lot of different domain extensions, you will be able to offer domain and hosting services to users from all over the globe.