Domain name reseller
The World Wide Web is an ever-expanding community that delivers new ways to make money online. One of these options is to become a domain reseller and offer domain names to end clients, making profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered each and every day, and there are 1 000 000's of presently active domain names, so this is a growing business niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain comprises two components - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic TLDs comprise the most widespread domain name extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs contain 2-letter abbreviations that symbolize each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a country-code Top-Level Domain, has a Registry - an organization that tackles the registrations and sets the prerequisites that each specific top-level domain name may have, including the length of the registration period or the residency of the registrant. Certain Registrar companies operate under the Registry. These are the companies that actually sell the domain name to clients and handle all domain name records.
Make Profit From Offering Domain Names
Numerous Registrars have reseller programs that permit individuals to earn money from offering domains to end users. If you subscribe to such a program, you can kick off your own e-business. Generally, a domain name 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 cause is that resellers can reach more customers 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 take advantage of 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.
Resell Domains Under Your Personal Brand Name
When you subscribe to a domain name reseller program, you will obtain a hosting CP where you can choose the prices for the separate Top-Level Domains that the Registrar provides. Most companies also provide billing management software and templates for your web shop, and the automation of the whole procedure coupled with the immense demand for domains make the domain name reseller market niche so desirable. You will either obtain a pre-made 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. Traditionally, you have the option to select between the two possibilities, so it all depends on how skilled you are in these matters. As a domain reseller, you will do business under your very own personal brand name and not under the Registrar's brand.
Make Cash From Reselling Site Hosting Solutions As Well
An adequate supplement to your domain name reseller business would be to sell web hosting packages as well. In this way, you can give a package deal to individuals who want to launch their site and require both a domain and a website hosting plan. Some corporations provide such options. With 'ResellersPanel', for instance, you can have a VPS or a dedicated server, and they will also give you a domain reseller account and cost-free billing transaction software to bill your clients. You can then sell domain names and shared hosting packages to clients, and since they offer many diverse domain extensions, you will be able to provide domain name and hosting services to customers from all over the world.