Domain name reseller
The Internet is an ever-expanding platform that offers new opportunities to gain money on the Internet. One of these opportunities is to become a domain name reseller and offer domains to end clients, generating profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered each and every day, and there are millions of presently functioning domains, so this is a blooming business niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain comprises two constituents - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic top-level domain names include the most common domain extensions like .com, .net, .org, .mobi, .info, while the ccTLDs comprise 2-character abbreviations that symbolize each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a country-code Top-Level Domain, has a Registry - an organization that handles the registrations and sets the prerequisites that each specific Top-Level Domain may include, among them the length of the registration period or the citizenship of the registrant. Certain Registrar firms operate under the Registry. These are the firms that in fact sell the domain name to clients and manage all domain records.
Gain Money From Reselling Domains
Many Registrars have reseller programs that allow people to gain money from selling domains to end clients. If you register with such a program, you can begin your very own personal online business. Normally, a domain name will cost less if it is registered via a reseller rather than if it is bought directly from the Registrar by an end client. The reason is that resellers can reach more users in areas or countries where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both parties will earn a profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar requires for the domain name registration.
Resell Top-Level Domains On Behalf Of Your Own Personal Brand
When you sign up for a domain name reseller program, you will get a web site hosting CP where you can set the prices for the separate Top-Level Domains that the Registrar provides. Most firms also provide billing software and web layouts for your web store, and the automation of the entire process combined with the expanding demand for domains make the domain reseller business niche so desirable. You will either acquire a pre-developed website and make use of the Registrar platform to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can build your own website and form for placing orders. Traditionally, you have the opportunity to choose between the two options, so it all revolves around how advanced you are in these affairs. As a domain name reseller, you will sell on behalf of your personal brand name and not under the Registrar's brand.
Gain Cash From Offering Site Hosting Plans Too
A good supplement to your domain name reseller business would be to sell web hosting accounts as well. In this way, you can offer a package deal to individuals who want to make their web portal and need both a domain name and a web hosting plan. Certain companies provide such options. With 'ResellersPanel', for example, you can order a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and free-of-charge billing transaction software to bill your clients. You can then offer domains and shared website hosting packages to customers, and since they offer a lot of different domain name extensions, you will be able to offer domain and hosting services to users from all around the globe.