Domain name reseller
The Internet is an ever-developing network that generates new ways to make money on the Web. One of these possibilities is to become a domain name reseller and offer domains to end customers, earning profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered each day, and there are 1 000 000's of currently functioning domain names, so this is an enlarging business niche that you can be a part of.
Top-Level and Second-Level Domains
A domain is composed of 2 constituents - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".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 top-level domain names comprise the best known domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs are made of 2-character abbreviations that denote each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a ccTLD, has a Registry - an institution that is responsible for the registrations and sets the prerequisites that each specific top-level domain name may have, such as the duration of the registration period or the citizenship of the registrant. Certain Registrar firms operate under the Registry. These are the firms that in fact offer the domain name to clients and manage all domain resource records.
Gain Profit From Reselling Domains
Lots of Registrars have reseller programs that allow individuals to earn cash from offering domain names to end users. If you subscribe to such a program, you can kick off your own personal Internet business. Normally, a domain will cost less if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end customer. The reason is that resellers can contact more clients in provinces or countries where the Registrar may not be known at all. This means more sales for the Registrar, so both parties will take advantage of that. Your revenue will be the difference between the price that the user pays and the one that the Registrar requires for the domain name registration.
Trade Domain Names Under Your Very Own Brand Name
When you subscribe to a domain reseller program, you will have a webspace hosting Control Panel where you can settle the prices for the various TLDs that the Registrar offers. Most firms also provide billing transaction software and skins for your web shop, and the automation of the whole procedure combined with the expanding demand for domains render the domain reseller industry so desirable. You will either have a turn-key website and use the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can make your own personal website and order form. Normally, you have the option to pick between the 2 alternatives, so it all revolves around how accomplished you are in these matters. As a domain reseller, you will do business under your own brand name and not under the Registrar's.
Gain Profit From Offering Website Hosting Accounts As Well
An appropriate supplement to your domain name reseller business would be to sell web hosting solutions too. In this way, you can give a package deal to people who want to set up their web portal and require both a domain and a hosting plan. Certain companies supply such options. With 'ResellersPanel', for example, you can have a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and cost-free billing transaction software to charge your clients. You can then sell Top-Level Domains and shared web hosting plans to customers, and since they offer many diverse domain name extensions, you will be able to provide domain name and hosting services to clients from all over the globe.