Domain name reseller
The Internet is an ever-expanding network that generates new possibilities to make cash on the Web. One of these possibilities is to be a domain name reseller and sell domains to end users, gaining revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered every day, and there are 1 000 000's of presently active domains, so this is an increasing business niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain contains two pieces - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the SLD.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic top-level domain names comprise the most conventional domain name extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains contain 2-letter abbreviations that symbolize 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 generic Top-Level Domain or a country-code TLD, has a Registry - an organization that manages the registrations and determines the preconditions that each given TLD may impose, such as the duration of the registration period or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the corporations that actually sell the domain name to customers and administer all DNS resource records.
Gain Revenue From Offering Domains
Lots of Registrars have reseller programs that enable individuals to earn profit from offering domain names to end customers. If you subscribe to such a program, you can commence your own personal e-business. Usually, a domain will be more inexpensive if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end user. The explanation is that resellers can contact more users in local regions or countries where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both sides will benefit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar charges for the domain registration.
Resell Domains Under Your Very Own Brand Name
When you subscribe to a domain reseller program, you will have a webspace hosting Control Panel where you can set the prices for the separate Top-Level Domains that the Registrar offers. Most corporations also provide invoice transaction software and design layouts for your online store, and the automation of the whole procedure combined with the vast demand for domains make the domain reseller business niche so seductive. You will either acquire a ready-made site and use the Registrar system to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can build your own personal web page and form for placing orders. Traditionally, you have the option to decide between the 2 options, so it all revolves around how advanced you are in these matters. As a domain name reseller, you will do business on behalf of your very own personal trademark name and not under the Registrar's.
Earn Revenue From Supplying Site Hosting Solutions Too
A suitable supplement to your domain reseller business would be to sell web hosting packages too. Thus, you can give a package deal to customers who want to set up their web page and demand both a domain name and a web page hosting account. A few companies have such options. With 'ResellersPanel', for example, you can manage a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and free-of-cost invoice transaction software to charge your clients. You can then offer Top-Level Domains and shared web hosting plans to customers, and since they offer lots of different domain extensions, you will be able to provide domain and hosting services to clients from all over the world.