Domain name reseller
The World Wide Web is an ever-developing community that provides new opportunities to gain cash on the Web. One of them is to become a domain name reseller and sell domains to end users, earning profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered each day, and there are millions of currently active domain names, so this is a blooming business niche that you can be involved in.
TLDs and SLDs
A domain name contains 2 components - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic top-level domain names include the most popular domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names are made of 2-character abbreviations that represent each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a country-code Top-Level Domain, has a Registry - an institution that administers the registrations and sets the preconditions that each specific top-level domain name may entail, among them the length of the registration period or the citizenship of the registrant. A number of Registrar corporations operate under the Registry. These are the companies that in fact offer the domain name to clients and administer all domain records.
Make Money From Offering Domains
Lots of Registrars have reseller programs that permit individuals to make profit from selling domain names to end customers. If you register with such a program, you can begin your very own personal Internet business. Usually, a domain will be cheaper if it is registered through a reseller rather than if it is bought directly from the Registrar by an end client. The explanation is that resellers can reach more individuals in regions or states where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both parties will profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain registration.
Offer Domain Names Under Your Very Own Personal Brand
When you sign up for a domain reseller program, you will have a website hosting Control Panel where you can settle the prices for the different top-level domain names that the Registrar provides. Most corporations also provide invoice transaction software and themes for your virtual store, and the automation of the whole process combined with the growing demand for domain names render the domain reseller business niche so alluring. You will either obtain a pre-built site and use the Registrar platform to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can create your very own web portal and order form. Traditionally, you have the opportunity to pick between the 2 alternatives, so it all revolves around how advanced you are in these issues. As a domain name reseller, you will work on behalf of your personal brand and not under the Registrar's brand.
Gain Revenue From Selling Web Site Hosting Accounts Too
An adequate addition to your domain name reseller business would be to sell web hosting solutions too. Thereby, you can offer a package deal to individuals who wish to build their web site and need both a domain name and a hosting account. Certain companies have such options. With 'ResellersPanel', for example, you can order a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and charge-free billing transaction software to bill your clients. You can then sell domains and shared website hosting accounts to clients, and since they provide plenty of different domain extensions, you will be able to provide domain and hosting services to individuals from all around the world.