Domain name reseller
The World Wide Web is an ever-enlarging system that offers new options to earn cash online. One of these ways is to be a domain name reseller and offer domains to end users, earning revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered each day, and there are 1 000 000's of currently active domains, so this is a blooming business niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain consists of 2 entities - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains include the most common domain extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names are composed of two-letter abbreviations that correspond to each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a ccTLD, has a Registry - an institution that manages the registrations and determines the preconditions that each specific Top-Level Domain may impose, among them the length of the registration period or the citizenship of the registrant. Certain Registrar companies work under the Registry. These are the corporations that actually sell the domain name to clients and handle all domain name resource records.
Make Cash From Offering Domains
Multiple Registrars have reseller programs that enable individuals to gain cash from offering domain names to end customers. If you subscribe to such a program, you can set up your very own electronic business. Generally, a domain name will be more inexpensive if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end user. The cause is that resellers can contact more persons in local communities or countries where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both sides will earn a profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar levies for the domain registration.
Resell Top-Level Domain Names On Behalf Of Your Very Own Brand Name
When you subscribe to a domain reseller program, you will obtain a website hosting Control Panel where you can determine the prices for the various Top-Level Domains that the Registrar offers. Most companies also provide invoice management software and web layouts for your web store, and the automation of the entire process together with the strong demand for domains make the domain reseller industry so seductive. You will either acquire a ready-for-use website and avail of the Registrar platform to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can build your very own personal site and form for placing orders. Generally, you have the opportunity to decide between the 2 alternatives, so it all revolves around how proficient you are in these affairs. As a domain name reseller, you will do business under your own personal brand and not under the Registrar's.
Gain Cash From Promoting Webspace Hosting Packages As Well
A nice supplement to your domain name reseller business would be to sell web hosting services as well. Thereby, you can offer a package deal to persons who want to launch their website and need both a domain and a webspace hosting package. Certain companies offer such options. With 'ResellersPanel', for example, you can order a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and free-of-charge billing management software to bill your customers. You can then offer domain names and shared hosting accounts to clients, and since they provide lots of diverse domain extensions, you will be able to provide domain and hosting services to individuals from all around the world.