Domain name reseller
The World Wide Web is an ever-developing community that generates new opportunities to gain cash online. One of these options is to become a domain name reseller and sell domains to end clients, gaining revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered each and every day, and there are millions of currently active domain names, so this is a blooming business niche that you can be a part of.
TLDs and SLDs
A domain includes two components - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The gTLDs comprise the most widespread domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains comprise 2-character abbreviations that symbolize each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a country-code top-level domain name, has a Registry - an institution that administers the registrations and sets the prerequisites that each specific Top-Level Domain may involve, like the duration of the registration term or the residency of the registrant. A number of Registrar companies work under the Registry. These are the corporations that actually sell the domain name to clients and handle all domain name records.
Earn Money From Reselling Domains
A lot of Registrars have reseller programs that allow people to earn revenue from selling domains to end customers. If you sign up for such a program, you can begin your own electronic business. Normally, a domain name will be cheaper if it is registered via a reseller rather than if it is bought directly from the Registrar by an end user. The explanation is that resellers can reach more persons in local regions or states where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both sides will take advantage of that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar requires for the domain registration.
Offer Domains Under Your Own Brand
When you subscribe to a domain reseller program, you will acquire a Control Panel where you can settle the prices for the separate top-level domain names that the Registrar provides. Most corporations also offer invoice transaction software and web page skins for your online storefront, and the automation of the whole procedure together with the enormous demand for domain names render the domain name reseller business niche so seductive. You will either have a ready-for-use website 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 set up your own site and form for placing orders. Traditionally, you have the option to select between the two possibilities, so it all depends on how practiced you are in these matters. As a domain name reseller, you will operate on behalf of your very own brand and not under the Registrar's brand.
Gain Profit From Trading Web Site Hosting Solutions Too
A good supplement to your domain reseller business would be to sell web hosting accounts too. In this way, you can give a package deal to users who want to manage their web portal and need both a domain name and a web page hosting plan. Particular corporations provide such options. With 'ResellersPanel', for example, you can order a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and free invoice transaction software to charge your customers. You can then offer domains and shared web hosting packages to customers, and since they offer many different domain name extensions, you will be able to provide domain name and hosting services to users from all over the globe.