Domain reseller
The World Wide Web is an ever-developing system that generates new ways to make cash online. One of these opportunities is to become a domain reseller and offer domain names to end users, earning revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered each and every day, and there are millions of presently active domains, so this is a developing business niche that you can be involved in.
Top-Level and Second-Level Domains
A domain name is composed of two entities - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic TLDs include the most widely used domain name extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs comprise two-letter abbreviations that symbolize 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 top-level domain name or a country-code top-level domain name, has a Registry - an organization that manages the registrations and sets the requirements that each given Top-Level Domain may involve, among them the duration of the registration period or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the corporations that in fact sell the domain name to clients and administer all DNS records.
Gain Cash From Selling Domain Names
Many Registrars have reseller programs that permit people to gain profit from offering domains to end users. If you register with such a program, you can begin your very own personal electronic business. Usually, a domain name will be cheaper if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end user. The reason is that resellers can contact more clients in regional communities or states where the Registrar may not be popular at all. This implies more sales for the Registrar, so both sides will benefit from that. Your revenue 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 Own Brand Name
When you sign up for a domain name reseller program, you will have a hosting CP where you can determine the prices for the individual Top-Level Domains that the Registrar provides. Most companies also provide invoice transaction software and themes for your online shop, and the automation of the entire procedure together with the towering demand for domain names make the domain name reseller industry so desirable. You will either have a ready-made 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 build your very own web site and form for placing orders. Commonly, you have the opportunity to select between the two options, so it all depends on how accomplished you are in these affairs. As a domain reseller, you will work on behalf of your own brand and not on behalf of the Registrar's.
Make Revenue From Selling Website Hosting Packages As Well
A logical addition to your domain reseller business would be to sell web hosting accounts as well. Thereby, you can offer a package deal to customers who want to make their site and need both a domain and a web site hosting plan. Some firms supply such options. With 'ResellersPanel', for example, you can run a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and free invoicing transaction software to charge your customers. You can then sell Top-Level Domains and shared hosting packages to clients, and since they offer a lot of different domain name extensions, you will be able to offer domain name and hosting services to people from all over the world.