Domain name reseller
The World Wide Web is an ever-growing network that supplies new options to make money online. One of these opportunities is to become a domain name reseller and offer domain names to end customers, gaining revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered each and every day, and there are millions of presently functioning domains, so this is a developing business niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain includes 2 entities - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic top-level domain names comprise the best known domain name extensions like .com, .net, .org, .mobi, .info, while the ccTLDs comprise 2-letter abbreviations that denote each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code top-level domain name, has a Registry - an institution that is responsible for the registrations and determines the prerequisites that each given Top-Level Domain may include, including the length of the registration term or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the firms that actually offer the domain name to customers and manage all DNS records.
Make Cash From Reselling Domain Names
Many Registrars have reseller programs that permit individuals to earn revenue from selling domains to end customers. If you subscribe to such a program, you can build your own online business. Generally, a domain name will cost less if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end user. The explanation is that resellers can contact more clients in regional communities or countries where the Registrar may not be popular at all. This means more sales for the Registrar, so both sides will make a profit from 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.
Sell Domain Names Under Your Very Own Personal Brand
When you register with a domain reseller program, you will receive a web hosting Control Panel where you can fix the prices for the various top-level domain names that the Registrar provides. Most companies also provide billing management software and website layouts for your web store, and the automation of the entire process together with the immense demand for domain names make the domain name reseller business niche so seductive. You will either obtain a ready-made site and utilize the Registrar system to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can build your very own personal web page and form for placing orders. Usually, you have the option to select between the two alternatives, so it all depends on how experienced you are in these issues. As a domain reseller, you will sell on behalf of your very own personal brand name and not under the Registrar's.
Make Revenue From Promoting Hosting Packages Too
An excellent addition to your domain name reseller business would be to sell web hosting accounts too. In this way, you can offer a package deal to people who wish to make their web portal and need both a domain and a webspace hosting package. Given firms provide such options. With 'ResellersPanel', for example, you can have a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and free-of-charge invoice transaction software to bill your customers. You can then offer TLDs and shared website hosting plans to customers, and since they provide lots of diverse domain name extensions, you will be able to provide domain name and hosting services to clients from all over the globe.