Domain name reseller
The Internet is an ever-increasing system that provides new options to make cash on the Web. One of these opportunities is to be a domain name reseller and offer domains to end customers, earning revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered each and every day, and there are 1 000 000's of presently functioning domain names, so this is an expanding business niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain name contains 2 entities - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic top-level domain names comprise the most common domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names are made of two-letter abbreviations that signify each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code Top-Level Domain, has a Registry - an organization that handles the registrations and determines the prerequisites that each specific TLD may contain, such as the length of the registration term or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the companies that actually offer the domain name to clients and handle all domain resource records.
Make Profit From Reselling Domains
Multiple Registrars have reseller programs that permit people to make money from offering domains to end users. If you sign up for such a program, you can kickstart your own personal e-business. Typically, a domain will be more inexpensive if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end user. The cause is that resellers can contact more clients in regions or countries where the Registrar may not be famous at all. This implies more sales for the Registrar, so both sides will capitalize on that. Your profit will be the difference between the price that the user pays and the one that the Registrar requires for the domain registration.
Sell Domains Under Your Personal Trademark Name
When you subscribe to a domain reseller program, you will obtain a CP where you can determine the prices for the various TLDs that the Registrar provides. Most firms also offer invoice management software and web page themes for your online storefront, and the automation of the whole procedure coupled with the proliferating demand for domains make the domain reseller business niche so desirable. You will either have a pre-built web site and utilize the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your own web site and form for placing orders. Usually, you have the option to choose between the two possibilities, so it all depends on how advanced you are in these things. As a domain name reseller, you will work under your own brand and not on behalf of the Registrar's brand.
Earn Profit From Offering Webspace Hosting Solutions As Well
An appropriate addition to your domain reseller business would be to sell web hosting services too. In this way, you can give a package deal to people who want to build their web portal and demand both a domain name and a web space hosting account. Some firms have such options. With 'ResellersPanel', for example, you can order a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and free-of-charge billing software to bill your customers. You can then offer domains and shared web hosting packages to clients, and since they provide plenty of different domain extensions, you will be able to provide domain name and hosting services to users from all around the globe.