Domain reseller
The World Wide Web is an ever-increasing community that furnishes new ways to gain cash online. One of them is to become a domain reseller and sell domain names to end users, making profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered every day, and there are millions of currently functioning domain names, so this is a developing business niche that you can become involved in.
Top-Level and Second-Level Domains
A domain is composed of 2 constituents - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take 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 TLDs comprise the best known domain extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names contain two-letter abbreviations that represent each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a country-code TLD, has a Registry - an organization that handles the registrations and sets the prerequisites that each specific Top-Level Domain may impose, including the duration of the registration term or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the corporations that actually sell the domain name to customers and manage all DNS resource records.
Earn Money From Offering Domains
Many Registrars have reseller programs that allow individuals to make money from selling domain names to end clients. If you register with such a program, you can kickstart your very own personal web business. Generally, a domain will be more inexpensive if it is registered through a reseller rather than if it is bought straight from the Registrar by an end client. The cause is that resellers can reach more users in regional districts or countries where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both parties 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.
Resell Domain Names On Behalf Of Your Own Personal Brand
When you register with a domain reseller program, you will have a web page hosting CP where you can settle the prices for the specific Top-Level Domains that the Registrar offers. Most firms also provide invoice software and web design themes for your online shop, and the automation of the entire procedure combined with the huge demand for domains render the domain reseller industry so tempting. You will either acquire a pre-developed website and avail of the Registrar system to resell domains, or they will give you access to their API (Application Programming Interface) so that you can set up your very own website and order form. Typically, you have the opportunity to pick between the 2 alternatives, so it all depends on how advanced you are in these matters. As a domain reseller, you will do business on behalf of your own brand and not under the Registrar's.
Gain Money From Offering Hosting Solutions As Well
A sensible supplement to your domain name reseller business would be to sell web hosting plans as well. In this way, you can offer a package deal to people who want to build their web site and require both a domain and a web site hosting plan. A few companies furnish such options. With 'ResellersPanel', for instance, you can order a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and cost-free invoice transaction software to charge your clients. You can then sell domains and shared web hosting packages to customers, and since they offer lots of diverse domain name extensions, you will be able to provide domain name and hosting services to clients from all around the world.