Domain name reseller
The World Wide Web is an ever-enlarging network that provides new opportunities to gain cash online. One of these ways is to be a domain name reseller and offer domains to end clients, generating profit from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each day, and there are millions of currently functioning domains, so this is a blossoming marketing niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain is made of 2 constituents - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic top-level domain names comprise the most widespread domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs include 2-character abbreviations that correspond to each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code Top-Level Domain, has a Registry - an organization that manages the registrations and sets the preconditions that each particular Top-Level Domain may contain, such as the length of the registration period or the residency of the registrant. Certain Registrar firms operate under the Registry. These are the companies that actually offer the domain name to customers and administer all domain resource records.
Earn Revenue From Selling Domain Names
Numerous Registrars have reseller programs that enable people to make profit from offering domains to end users. If you register with such a program, you can initiate your own personal e-business. Generally, a domain will cost less if it is registered through a reseller rather than if it is bought directly from the Registrar by an end user. The reason is that resellers can reach more clients in local communities or countries where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both sides will take advantage of that. Your profit will be the difference between the price that the client pays and the one that the Registrar requires for the domain registration.
Offer Domain Names Under Your Personal Brand Name
When you subscribe to a domain reseller program, you will obtain a web hosting Control Panel where you can choose the prices for the different Top-Level Domains that the Registrar provides. Most companies also provide billing management software and web page skins for your virtual store, and the automation of the entire procedure together with the expanding demand for domains make the domain reseller market so seductive. You will either receive a pre-built web site and utilize the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your own personal web page and form for placing orders. Traditionally, you have the opportunity to choose between the 2 possibilities, so it all revolves around how advanced you are in these things. As a domain reseller, you will do business on behalf of your very own trademark name and not on behalf of the Registrar's.
Gain Money From Offering Hosting Plans Too
An appropriate addition to your domain reseller business would be to sell web hosting plans too. In this way, you can give a package deal to clients who wish to create their site and demand both a domain and a website hosting package. Given companies supply such options. With 'ResellersPanel', for example, you can order a VPS or a dedicated server, and they will also give you a domain name reseller account and cost-free billing software to bill your customers. You can then sell domains and shared hosting accounts to customers, and since they offer many diverse domain name extensions, you will be able to offer domain and hosting services to individuals from all over the globe.