Domain name reseller
The World Wide Web is an ever-flourishing system that generates new options to earn cash online. One of these ways is to be a domain name reseller and offer domain names to end users, earning profit from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered each day, and there are millions of presently functioning domains, so this is a thriving business niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain is made of 2 entities - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic TLDs include the best known domain extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs include 2-letter abbreviations that symbolize each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a country-code TLD, has a Registry - an institution that manages the registrations and sets the preconditions that each particular TLD may entail, like the length of the registration period or the residency of the registrant. Certain Registrar corporations work under the Registry. These are the companies that actually offer the domain name to clients and administer all domain name records.
Gain Cash From Selling Domain Names
Numerous Registrars have reseller programs that enable individuals to gain cash from offering domain names to end users. If you subscribe to such a program, you can kick off your own personal web business. Normally, 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 customer. The cause is that resellers can reach more users in provinces or countries where the Registrar may not be known at all. This implies more sales for the Registrar, so both sides will cash in on that. Your revenue will be the difference between the price that the client pays and the one that the Registrar requires for the domain name registration.
Trade TLDs Under Your Very Own Personal Brand Name
When you sign up for a domain name reseller program, you will have a website hosting CP where you can select the prices for the individual TLDs that the Registrar provides. Most corporations also offer invoice software and website layouts for your virtual storefront, and the automation of the whole process together with the great demand for domains render the domain reseller business so alluring. You will either get a pre-made website and avail of the Registrar system to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can make your own web site and order form. Commonly, you have the opportunity to select between the 2 possibilities, so it all depends on how trained you are in these things. As a domain reseller, you will sell on behalf of your own brand name and not under the Registrar's brand.
Earn Money From Supplying Web Hosting Plans As Well
A good supplement to your domain reseller business would be to sell web hosting packages too. In this way, you can offer a package deal to individuals who desire to create their web portal and require both a domain and a hosting package. Some corporations have such options. With 'ResellersPanel', for example, you can manage a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and cost-free invoice software to charge your clients. You can then offer top-level domain names and shared web hosting packages to clients, and since they offer a lot of diverse domain extensions, you will be able to offer domain name and hosting services to users from all over the world.