Domain name reseller
The World Wide Web is an ever-increasing system that furnishes new opportunities to make cash online. One of these options is to be a domain name reseller and offer domain names to end customers, generating 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 domain names, so this is a flourishing business niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain contains two constituents - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic Top-Level Domains include the most widespread domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names consist of two-character abbreviations that correspond to each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code TLD, has a Registry - an organization that administers the registrations and sets the requirements that each concrete Top-Level Domain may impose, such as the duration of the registration term or the citizenship of the registrant. A number of Registrar corporations work under the Registry. These are the corporations that in fact sell the domain name to clients and manage all domain resource records.
Gain Profit From Selling Domain Names
A lot of Registrars have reseller programs that enable individuals to make profit from selling domains to end clients. If you sign up for such a program, you can establish your own electronic business. Generally, a domain name will be more inexpensive if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end user. The reason is that resellers can reach more clients in provinces or states where the Registrar may not be famous at all. This means more sales for the Registrar, so both parties will cash in on that. Your revenue will be the difference between the price that the user pays and the one that the Registrar levies for the domain name registration.
Offer TLDs Under Your Own Personal Trademark Name
When you subscribe to a domain name reseller program, you will acquire a site hosting Control Panel where you can choose the prices for the separate TLDs that the Registrar provides. Most companies also offer billing management software and web design skins for your virtual storefront, and the automation of the whole procedure coupled with the flourishing demand for domain names render the domain reseller market so tempting. You will either receive a ready-for-use web site and make use of the Registrar platform to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your very own web portal and form for placing orders. Commonly, you have the opportunity to decide between the two options, so it all depends on how proficient you are in these issues. As a domain name reseller, you will operate on behalf of your very own personal brand name and not under the Registrar's.
Make Revenue From Trading Web Space Hosting Packages Too
A reasonable supplement to your domain name reseller business would be to sell web hosting packages as well. In this way, you can offer a package deal to individuals who would like to develop their web site and require both a domain and a site hosting account. Some corporations offer such options. With 'ResellersPanel', for instance, you can have a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and free-of-cost billing software to bill your clients. You can then sell domain names and shared hosting packages to clients, and since they offer lots of diverse domain name extensions, you will be able to offer domain name and hosting services to clients from all over the globe.