Domain name reseller
The World Wide Web is an ever-flourishing network that delivers new ways to make cash on the Web. One of these options is to become a domain name reseller and offer domains to end customers, gaining revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered every day, and there are 1 000 000's of currently functioning domains, so this is a growing trading niche that you can become a part of.
Top-Level and Second-Level Domains
A domain name is made of 2 entities - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic Top-Level Domains include the most famous domain name extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs contain two-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 generic or a country-code TLD, has a Registry - an organization that tackles the registrations and determines the prerequisites that each specific top-level domain name may impose, among them the duration of the registration term or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the firms that actually sell the domain name to customers and manage all domain records.
Earn Money From Selling Domains
Plenty of Registrars have reseller programs that enable individuals to earn profit from selling domains to end clients. If you subscribe to such a program, you can initiate your own electronic business. As a rule, a domain name will be more inexpensive if it is registered through a reseller rather than if it is bought directly from the Registrar by an end user. The cause is that resellers can reach more people in regions or countries where the Registrar may not be popular at all. This means more sales for the Registrar, so both sides will capitalize on that. Your profit will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain name registration.
Resell Top-Level Domain Names On Behalf Of Your Own Brand Name
When you register with a domain name reseller program, you will get a Control Panel where you can set the prices for the different top-level domain names that the Registrar offers. Most companies also provide invoice management software and website layouts for your web storefront, and the automation of the whole process combined with the flourishing demand for domain names make the domain reseller business so alluring. You will either acquire a pre-developed web site and avail of the Registrar platform to sell domains, or they will give you access to their API (Application Programming Interface) so that you can set up your own personal web site and order form. Normally, you have the option to decide between the two alternatives, so it all depends on how advanced you are in these issues. As a domain name reseller, you will work on behalf of your very own personal brand name and not on behalf of the Registrar's brand.
Earn Revenue From Supplying Web Space Hosting Plans As Well
A good supplement to your domain reseller business would be to sell web hosting services as well. Thus, you can offer a package deal to users who would like to run their web portal and require both a domain name and a website hosting plan. Certain corporations supply such options. With 'ResellersPanel', for instance, 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 billing management software to bill your customers. You can then offer domains and shared website hosting plans to clients, and since they offer lots of diverse domain name extensions, you will be able to provide domain name and hosting services to clients from all over the world.