Domain name reseller
The World Wide Web is an ever-growing platform that furnishes new ways to earn cash on the Internet. One of these opportunities is to become a domain reseller and offer domain names to end customers, earning profit from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered each day, and there are millions of currently functioning domains, so this is a flowering trading niche that you can become involved in.
Top-Level and Second-Level Domains
A domain consists of two constituents - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick 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 TLDs include the most conventional domain extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs contain two-character abbreviations that symbolize each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a ccTLD, has a Registry - an organization that handles the registrations and determines the requirements that each given TLD may entail, among them the length of the registration term or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the companies that actually sell the domain name to customers and administer all domain name records.
Make Revenue From Offering Domain Names
A lot of Registrars have reseller programs that permit individuals to make profit from offering domain names to end users. If you subscribe to such a program, you can build your own electronic business. As a rule, a domain name will cost less if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end client. The reason is that resellers can reach more customers in local districts or states where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both parties will make a profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain name registration.
Sell Domains Under Your Very Own Brand
When you sign up for a domain name reseller program, you will have a web site hosting CP where you can determine the prices for the various Top-Level Domains that the Registrar offers. Most companies also offer billing software and web page templates for your virtual store, and the automation of the entire process together with the towering demand for domain names make the domain reseller business niche so tempting. You will either get a pre-built web site and make use of the Registrar system to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can set up your own personal online portal and form for placing orders. Commonly, you have the option to choose between the two possibilities, so it all revolves around how advanced you are in these issues. As a domain name reseller, you will sell under your very own brand and not on behalf of the Registrar's.
Gain Cash From Promoting Web Site Hosting Packages Too
A logical addition to your domain reseller business would be to sell web hosting solutions as well. In this way, you can give a package deal to customers who would like to build their website and require both a domain name and a web site hosting package. Certain firms furnish such options. With 'ResellersPanel', for instance, you can buy a VPS or a dedicated server, and they will also give you a domain reseller account and free billing software to charge your clients. You can then sell domain names and shared website hosting plans to customers, and since they provide lots of different domain name extensions, you will be able to provide domain and hosting services to customers from all around the world.