Domain name reseller
The World Wide Web is an ever-expanding system that generates new options to make cash online. One of these ways is to be a domain name reseller and offer domains to end customers, making profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered each and every day, and there are 1 000 000's of currently functioning domains, so this is an increasing business niche that you can become involved in.
TLDs and SLDs
A domain name is composed of two pieces - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic TLDs comprise the most conventional domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs comprise 2-character abbreviations that signify each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code Top-Level Domain, has a Registry - an institution that manages the registrations and determines the preconditions that each given top-level domain name may entail, such as the duration of the registration period or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the corporations that actually sell the domain name to customers and manage all domain resource records.
Gain Revenue From Offering Domains
Numerous Registrars have reseller programs that allow individuals to earn cash from selling domains to end users. If you register with such a program, you can commence your very own e-business. Commonly, a domain will cost less if it is registered via a reseller rather than if it is bought straight from the Registrar by an end client. The reason is that resellers can contact more individuals in local regions or states where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides will benefit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar requires for the domain registration.
Offer Domains On Behalf Of Your Own Brand
When you subscribe to a domain name reseller program, you will obtain a web site hosting CP where you can choose the prices for the separate TLDs that the Registrar provides. Most companies also provide invoicing software and design skins for your web store, and the automation of the whole procedure coupled with the towering demand for domains render the domain name reseller business niche so seductive. You will either receive a pre-made 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 build your own web site and order form. Generally, you have the opportunity to pick between the two possibilities, so it all depends on how practiced you are in these issues. As a domain name reseller, you will operate under your own trademark name and not under the Registrar's brand.
Earn Revenue From Reselling Web Space Hosting Plans As Well
An adequate supplement to your domain reseller business would be to sell web hosting solutions too. In this way, you can offer a package deal to customers who want to create their web site and require both a domain and a site hosting account. A few firms provide such options. With 'ResellersPanel', for example, you can buy a Virtual Server or a dedicated server, and they will also give you a domain reseller account and free invoicing software to bill your customers. You can then offer Top-Level Domains and shared hosting plans to customers, and since they offer plenty of diverse domain name extensions, you will be able to offer domain and hosting services to individuals from all around the globe.