Domain name reseller
The Internet is an ever-growing platform that supplies new options to earn cash online. One of them is to become a domain reseller and sell domain names to end users, making profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domains are registered each day, and there are 1 000 000's of presently functioning domain names, so this is a blossoming business niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain includes two constituents - 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 second-level domain name.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The gTLDs include the most conventional domain extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names include 2-character abbreviations that stand for each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic Top-Level Domain or a country-code Top-Level Domain, has a Registry - an organization that administers the registrations and sets the preconditions that each particular top-level domain name may have, among them the duration of the registration period or the citizenship of the registrant. A number of Registrar firms operate under the Registry. These are the corporations that in fact sell the domain name to customers and administer all domain resource records.
Earn Profit From Offering Domain Names
Lots of Registrars have reseller programs that enable people to make profit from selling domains to end users. If you sign up for such a program, you can commence your very own e-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 customer. The explanation is that resellers can contact more individuals in regions 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 customer pays and the one that the Registrar imposes for the domain name registration.
Trade Domains Under Your Very Own Brand Name
When you sign up for a domain reseller program, you will receive a CP where you can select the prices for the separate Top-Level Domains that the Registrar offers. Most firms also offer invoicing software and website skins for your virtual storefront, and the automation of the whole process coupled with the immense demand for domain names render the domain name reseller market niche so alluring. You will either obtain a turn-key website and use the Registrar platform to sell domains, or they will give you access to their API (Application Programming Interface) so that you can make your own web page and form for placing orders. Traditionally, you have the option to choose between the 2 alternatives, so it all depends on how trained you are in these issues. As a domain name reseller, you will work under your very own brand name and not on behalf of the Registrar's brand.
Earn Revenue From Supplying Web Hosting Accounts Too
A proper addition to your domain reseller business would be to sell web hosting solutions as well. Thus, you can give a package deal to people who would like to set up their website and demand both a domain and a web hosting package. Some companies have such options. With 'ResellersPanel', for example, you can purchase a Virtual Server or a dedicated server, and they will also give you a domain reseller account and charge-free billing management software to bill your customers. You can then offer top-level domain names and shared website hosting plans to customers, and since they provide plenty of diverse domain extensions, you will be able to offer domain and hosting services to individuals from all around the world.