Domain name reseller
The World Wide Web is an ever-enlarging network that offers new opportunities to earn cash on the Web. One of these ways is to be a domain reseller and sell domain names to end clients, making revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered every day, and there are millions of currently functioning domain names, so this is a growing trading niche that you can be a part of.
Top-Level and Second-Level Domains
A domain name contains two constituents - a top-level domain name (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 SLD.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic top-level domain names include the most popular domain extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs include two-character abbreviations that represent each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a country-code Top-Level Domain, has a Registry - an institution that deals with the registrations and determines the preconditions that each given TLD may include, including the length of the registration term or the citizenship of the registrant. Certain Registrar companies operate under the Registry. These are the companies that actually offer the domain name to customers and manage all domain records.
Earn Profit From Offering Domain Names
Many Registrars have reseller programs that enable people to make money from offering domain names to end customers. If you sign up for such a program, you can kickstart your very own electronic business. As a rule, a domain will be more inexpensive if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end user. The explanation is that resellers can contact more individuals in provinces or states where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both parties will cash in on that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain registration.
Sell Domain Names Under Your Own Brand Name
When you register with a domain name reseller program, you will obtain a website hosting Control Panel where you can select the prices for the different Top-Level Domains that the Registrar provides. Most corporations also provide invoicing transaction software and site layouts for your web storefront, and the automation of the whole procedure combined with the significant demand for domain names make the domain name reseller industry so attractive. You will either have a pre-developed site and use the Registrar platform to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can set up your own personal web portal and form for placing orders. Traditionally, you have the opportunity to select between the two options, so it all depends on how proficient you are in these issues. As a domain name reseller, you will sell under your own brand name and not on behalf of the Registrar's.
Gain Revenue From Offering Webspace Hosting Services Too
A sensible supplement to your domain reseller business would be to sell web hosting packages as well. In this way, you can offer a package deal to customers who desire to make their web page and require both a domain and a webspace hosting plan. Given firms have such options. With 'ResellersPanel', for example, you can buy a VPS or a dedicated server, and they will also give you a domain name reseller account and free billing transaction software to charge your customers. You can then offer domains and shared web hosting plans to clients, and since they offer many different domain extensions, you will be able to provide domain and hosting services to persons from all over the globe.