Domain name reseller
The World Wide Web is an ever-growing network that supplies new options to gain cash online. One of these ways is to be a domain reseller and offer domains to end customers, earning revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered each and every day, and there are millions of currently functioning domains, so this is a flourishing business niche that you can become engaged in.
TLDs and SLDs
A domain contains two components - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The gTLDs comprise the best known domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains involve 2-letter abbreviations that stand for each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a country-code TLD, has a Registry - an organization that administers the registrations and determines the requirements that each given TLD may contain, such as the duration of the registration term or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the firms that in fact offer the domain name to clients and handle all DNS records.
Gain Revenue From Reselling Domain Names
Numerous Registrars have reseller programs that permit people to earn cash from offering domains to end customers. If you subscribe to such a program, you can set up your very own web business. Usually, a domain will be cheaper if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end user. The explanation is that resellers can contact more customers in local communities or states where the Registrar may not be famous at all. This implies more sales for the Registrar, so both parties will benefit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar levies for the domain registration.
Resell Top-Level Domain Names Under Your Very Own Trademark Name
When you subscribe to a domain name reseller program, you will receive a hosting Control Panel where you can set the prices for the individual Top-Level Domains that the Registrar offers. Most corporations also provide billing transaction software and layouts for your web shop, and the automation of the entire procedure together with the strong demand for domains render the domain name reseller industry so tempting. You will either obtain a turn-key web site and use the Registrar platform to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can make your own personal website and form for placing orders. Usually, you have the option to select between the 2 alternatives, so it all depends on how experienced you are in these affairs. As a domain name reseller, you will do business under your own brand name and not under the Registrar's brand.
Earn Money From Providing Web Page Hosting Accounts As Well
An appropriate addition to your domain name reseller business would be to sell web hosting plans too. Thereby, you can give a package deal to customers who would like to develop their web site and demand both a domain and a web site hosting package. A number of companies offer such options. With 'ResellersPanel', for example, you can purchase a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and charge-free invoice management software to charge your clients. You can then offer domains and shared hosting accounts to customers, and since they offer many diverse domain name extensions, you will be able to provide domain and hosting services to customers from all over the globe.