Domain name reseller
The World Wide Web is an ever-flourishing network that generates new ways to earn cash on the Web. One of these opportunities is to become a domain reseller and sell domain names to end customers, making profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered each and every day, and there are 1 000 000's of presently functioning domains, so this is a blooming business niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain name includes 2 entities - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the second-level domain name.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic TLDs include the most popular domain extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains are made of 2-letter abbreviations that correspond to each country. Examples of country-code Top-Level Domains 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 organization that manages the registrations and determines the preconditions that each particular Top-Level Domain may contain, such as the length of the registration term or the citizenship of the registrant. Certain Registrar firms work under the Registry. These are the corporations that in fact sell the domain name to clients and manage all domain records.
Earn Cash From Selling Domains
Many Registrars have reseller programs that allow people to earn cash from offering domain names to end users. If you register with such a program, you can begin your own personal online business. Usually, a domain name will be cheaper if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end user. The cause is that resellers can reach more persons in local communities or countries where the Registrar may not be famous at all. This means more sales for the Registrar, so both sides will benefit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar requires for the domain registration.
Sell Top-Level Domain Names Under Your Own Personal Brand Name
When you subscribe to a domain name reseller program, you will receive a web hosting CP where you can determine the prices for the different top-level domain names that the Registrar offers. Most companies also provide invoicing transaction software and website skins for your online storefront, and the automation of the entire procedure coupled with the big demand for domain names render the domain reseller business so tempting. You will either acquire a ready-made site and use the Registrar platform to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your own site and form for placing orders. Typically, you have the opportunity to choose between the two options, so it all revolves around how skilled you are in these issues. As a domain name reseller, you will sell on behalf of your very own trademark name and not under the Registrar's brand.
Gain Money From Selling Web Space Hosting Solutions As Well
A good supplement to your domain name reseller business would be to sell web hosting plans as well. Thereby, you can offer a package deal to customers who would like to run their site and need both a domain name and a webspace hosting package. Certain companies have such options. With 'ResellersPanel', for instance, you can manage a Virtual Server or a dedicated server, and they will also give you a domain reseller account and free billing software to bill your customers. You can then offer top-level domain names and shared hosting packages to customers, and since they offer many diverse domain name extensions, you will be able to offer domain name and hosting services to people from all around the world.