Domain name reseller
The World Wide Web is an ever-flourishing network that supplies new possibilities to gain money on the Web. One of them is to become a domain reseller and sell domain names to end clients, earning revenue from the difference between the wholesale and the retail price of each and every domain name. 1000's of domains are registered each and every day, and there are 1 000 000's of presently functioning domain names, so this is a developing business niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain name involves 2 components - a Top-Level Domain (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.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains include the most widespread domain name extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names involve 2-letter abbreviations that denote each country. Examples of ccTLDs 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 TLD, has a Registry - an organization that is responsible for the registrations and determines the prerequisites that each particular TLD may have, such as the length of the registration period or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the companies that actually offer the domain name to clients and manage all DNS resource records.
Earn Profit From Offering Domain Names
Plenty of Registrars have reseller programs that enable individuals to earn revenue from selling domains to end clients. If you subscribe to such a program, you can build your very own personal online business. Normally, a domain name will cost less if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end client. The explanation is that resellers can reach more people in regional communities or countries where the Registrar may not be famous at all. This means more sales for the Registrar, so both parties will profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar imposes for the domain registration.
Offer Top-Level Domains Under Your Very Own Personal Brand Name
When you subscribe to a domain name reseller program, you will receive a website hosting Control Panel where you can fix the prices for the different TLDs that the Registrar provides. Most firms also provide invoicing software and web skins for your web store, and the automation of the whole procedure together with the towering demand for domains render the domain reseller market niche so desirable. You will either obtain a pre-built site and utilize the Registrar system to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can set up your own portal and form for placing orders. Normally, you have the opportunity to pick between the 2 alternatives, so it all depends on how proficient you are in these things. As a domain name reseller, you will work on behalf of your very own brand and not under the Registrar's.
Earn Cash From Supplying Web Space Hosting Packages Too
A nice addition to your domain name reseller business would be to sell web hosting packages too. Thus, you can offer a package deal to customers who would like to run their web site and require both a domain and a web hosting package. Particular corporations supply such options. With 'ResellersPanel', for example, you can manage a VPS or a dedicated server, and they will also give you a domain name reseller account and free billing transaction software to bill your customers. You can then offer domain names and shared hosting accounts to clients, and since they offer lots of different domain extensions, you will be able to provide domain and hosting services to individuals from all over the globe.