Domain name reseller
The Internet is an ever-flourishing network that furnishes new options to gain cash on the Web. One of these ways is to become a domain reseller and sell domain names to end users, generating profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered each day, and there are 1 000 000's of currently functioning domain names, so this is a blossoming business niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain contains two pieces - a Top-Level Domain (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.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic TLDs comprise the most widespread domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs consist of two-character abbreviations that represent each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a country-code Top-Level Domain, has a Registry - an institution that deals with the registrations and sets the requirements that each given Top-Level Domain may impose, among them the length of the registration period or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the firms that actually offer the domain name to customers and administer all domain records.
Gain Cash From Selling Domains
Plenty of Registrars have reseller programs that permit people to gain cash from offering domains to end clients. If you sign up for such a program, you can initiate your own online business. As a rule, a domain name will cost less if it is registered through a reseller rather than if it is bought directly from the Registrar by an end user. The explanation is that resellers can contact more clients in regional districts or countries where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both parties will profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar charges for the domain registration.
Resell Top-Level Domain Names Under Your Personal Brand
When you subscribe to a domain name reseller program, you will obtain a hosting Control Panel where you can select the prices for the specific TLDs that the Registrar offers. Most firms also provide invoice software and templates for your online storefront, and the automation of the entire process coupled with the flourishing demand for domains render the domain name reseller business niche so tempting. You will either acquire a turn-key web site and avail of the Registrar platform to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your very own web site and form for placing orders. Normally, you have the opportunity to decide between the two alternatives, so it all revolves around how experienced you are in these affairs. As a domain reseller, you will work under your very own personal brand and not on behalf of the Registrar's brand.
Earn Cash From Providing Web Site Hosting Accounts Too
An appropriate addition to your domain name reseller business would be to sell web hosting services too. In this way, you can give a package deal to persons who would like to create their site and require both a domain name and a website hosting package. A number of corporations offer such options. With 'ResellersPanel', for example, you can run a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and free-of-charge invoicing software to charge your customers. You can then offer top-level domain names and shared hosting accounts to customers, and since they offer many different domain extensions, you will be able to provide domain and hosting services to persons from all around the world.