Domain reseller
The World Wide Web is an ever-flourishing system that delivers new opportunities to make cash on the Internet. One of these options is to become a domain reseller and offer domains to end users, earning profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered each day, and there are millions of presently functioning domains, so this is an increasing business niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain name is made of two entities - a Top-Level Domain (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.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic top-level domain names include the most widely used domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names are made of two-character abbreviations that denote each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a country-code TLD, has a Registry - an institution that deals with the registrations and determines the prerequisites that each given Top-Level Domain may entail, such as the duration of the registration period or the residency of the registrant. A number of Registrar firms work under the Registry. These are the firms that in fact sell the domain name to clients and administer all domain name resource records.
Make Profit From Reselling Domain Names
Multiple Registrars have reseller programs that permit individuals to earn money from offering domains to end customers. If you sign up for such a program, you can build your very own personal online business. Generally, 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 explanation is that resellers can contact more persons in local communities or countries where the Registrar may not be famous at all. This implies more sales for the Registrar, so both sides will earn a profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar charges for the domain name registration.
Offer Top-Level Domains Under Your Very Own Brand
When you register with a domain name reseller program, you will obtain a website hosting Control Panel where you can settle the prices for the specific TLDs that the Registrar provides. Most companies also provide billing transaction software and website themes for your online storefront, and the automation of the entire procedure together with the enlarging demand for domains render the domain name reseller business niche so alluring. You will either get a pre-developed web site and use the Registrar platform to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can make your very own web page and order form. Traditionally, you have the option to select between the two options, so it all depends on how experienced you are in these issues. As a domain reseller, you will operate on behalf of your very own personal brand name and not on behalf of the Registrar's.
Earn Money From Providing Site Hosting Plans As Well
A sensible addition to your domain name reseller business would be to sell web hosting accounts as well. In this way, you can offer a package deal to people who want to establish their website and demand both a domain name and a web site hosting package. Given firms offer such options. With 'ResellersPanel', for instance, you can manage a VPS or a dedicated server, and they will also offer you a domain reseller account and free-of-charge invoicing software to bill your customers. You can then offer Top-Level Domains and shared website hosting packages to customers, and since they provide lots of different domain extensions, you will be able to provide domain name and hosting services to clients from all around the world.