Domain name reseller
The World Wide Web is an ever-growing system that supplies new options to make cash on the Internet. One of these ways is to be a domain name reseller and sell domains to end customers, gaining revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered every day, and there are 1 000 000's of currently functioning domains, so this is a blooming business niche that you can become involved in.
Top-Level and Second-Level Domains
A domain name is composed of two entities - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic top-level domain names comprise the most popular domain name extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs consist of 2-letter abbreviations that symbolize each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a country-code top-level domain name, has a Registry - an organization that is responsible for the registrations and sets the prerequisites that each concrete Top-Level Domain may include, including the duration of the registration period or the residency of the registrant. Certain Registrar companies operate under the Registry. These are the corporations that in fact offer the domain name to customers and manage all DNS records.
Make Profit From Selling Domains
Plenty of Registrars have reseller programs that allow people to make profit from offering domain names to end clients. If you register with such a program, you can launch your very own personal online business. Normally, a domain will be cheaper if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end customer. The explanation is that resellers can reach more people in local communities or countries where the Registrar may not be famous at all. This implies more sales for the Registrar, so both sides will make a profit 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.
Offer Top-Level Domain Names On Behalf Of Your Very Own Personal Brand
When you sign up for a domain name reseller program, you will obtain a web page hosting Control Panel where you can fix the prices for the specific Top-Level Domains that the Registrar offers. Most companies also provide billing transaction software and web site layouts for your online shop, and the automation of the whole process together with the big demand for domain names make the domain reseller business niche so alluring. You will either have a pre-made website and make use of the Registrar system to resell domains, or they will give you access to their API (Application Programming Interface) so that you can create your own personal web page and order form. Traditionally, you have the opportunity to decide between the 2 alternatives, so it all revolves around how proficient you are in these matters. As a domain name reseller, you will work on behalf of your personal brand and not under the Registrar's brand.
Gain Money From Supplying Web Page Hosting Plans Too
A good addition to your domain name reseller business would be to sell web hosting plans too. Thus, you can offer a package deal to people who would like to make their online portal and require both a domain and a web space hosting plan. A few corporations 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 charge-free invoice software to bill your clients. You can then sell domain names and shared hosting plans to clients, and since they provide many different domain name extensions, you will be able to provide domain name and hosting services to customers from all over the globe.