Domain name reseller
The World Wide Web is an ever-growing system that offers new options to earn cash online. One of these opportunities is to be a domain name reseller and sell domain names to end customers, earning profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered every day, and there are millions of presently functioning domain names, so this is an increasing business niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain comprises two entities - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The gTLDs comprise the most conventional domain extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs include two-letter abbreviations that correspond to each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code top-level domain name, has a Registry - an organization that tackles the registrations and sets the requirements that each particular top-level domain name may include, such as the duration of the registration term or the citizenship of the registrant. Certain Registrar corporations operate under the Registry. These are the companies that in fact offer the domain name to customers and administer all DNS resource records.
Earn Profit From Reselling Domains
Multiple Registrars have reseller programs that permit people to earn revenue from offering domains to end users. If you register with such a program, you can kick off your own Internet business. Commonly, a domain name will be more inexpensive if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end user. The cause is that resellers can reach more customers in areas or states where the Registrar may not be famous at all. This means more sales for the Registrar, so both parties will benefit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar levies for the domain registration.
Trade Domain Names Under Your Own Brand
When you subscribe to a domain reseller program, you will receive a Control Panel where you can set the prices for the specific Top-Level Domains that the Registrar provides. Most firms also offer billing transaction software and site themes for your web storefront, and the automation of the whole process together with the considerable demand for domains make the domain reseller market so desirable. You will either acquire a turn-key site and avail of the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can make your own website and order form. Usually, you have the option to select between the 2 possibilities, so it all revolves around how proficient you are in these matters. As a domain name reseller, you will work on behalf of your own personal brand name and not on behalf of the Registrar's.
Make Revenue From Reselling Web Hosting Services Too
A relevant supplement to your domain reseller business would be to sell web hosting packages too. In this way, you can give a package deal to individuals who want to make their site and need both a domain name and a web page hosting package. Some firms provide such options. With 'ResellersPanel', for instance, you can have a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and cost-free invoice management software to bill your customers. You can then sell domain names and shared web hosting plans to clients, and since they offer lots of diverse domain extensions, you will be able to offer domain name and hosting services to users from all over the world.