Domain name reseller
The World Wide Web is an ever-expanding network that delivers new options to earn cash online. One of these options is to be a domain reseller and offer domain names to end clients, gaining revenue 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 presently active domains, so this is a growing business niche that you can become involved in.
TLDs and SLDs
A domain name is made of 2 components - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic top-level domain names comprise the most widely used domain extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains are made of 2-letter abbreviations that symbolize each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a country-code top-level domain name, has a Registry - an institution that is responsible for the registrations and determines the requirements that each concrete Top-Level Domain may involve, like the length of the registration term or the citizenship of the registrant. A number of Registrar firms operate under the Registry. These are the corporations that actually sell the domain name to customers and manage all domain records.
Gain Cash From Selling Domains
Plenty of Registrars have reseller programs that enable people to gain revenue from offering domain names to end customers. If you register with such a program, you can establish your own personal web business. Generally, a domain name will cost less if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end client. The explanation is that resellers can contact more individuals in provinces or states where the Registrar may not be popular at all. This means more sales for the Registrar, so both parties will earn 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.
Resell Top-Level Domains Under Your Own Brand
When you sign up for a domain reseller program, you will have a web site hosting Control Panel where you can fix the prices for the various top-level domain names that the Registrar provides. Most companies also provide invoicing software and site templates for your online storefront, and the automation of the entire procedure coupled with the proliferating demand for domains render the domain name reseller business niche so desirable. You will either have a turn-key site and avail of the Registrar system to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can build your very own portal and order form. Usually, you have the option to choose between the 2 possibilities, so it all depends on how skilled you are in these things. As a domain name reseller, you will do business under your own personal trademark name and not on behalf of the Registrar's.
Gain Cash From Selling Webspace Hosting Plans Too
A perfect supplement to your domain name reseller business would be to sell web hosting accounts too. In this way, you can give a package deal to users who would like to make their site and need both a domain name and a site hosting plan. Given corporations provide such options. With 'ResellersPanel', for instance, you can manage a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and cost-free invoice transaction software to bill your customers. You can then sell TLDs and shared hosting accounts to customers, and since they offer a lot of different domain name extensions, you will be able to offer domain name and hosting services to customers from all over the world.