Domain name reseller
The World Wide Web is an ever-developing network that offers new opportunities to earn cash online. One of these opportunities is to be a domain name reseller and offer domains to end users, earning 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 1 000 000's of presently functioning domain names, so this is a blossoming marketing niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain name is made of two components - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most conventional domain name extensions like .com, .net, .org, .mobi, .info, while the ccTLDs consist of two-character abbreviations that symbolize each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a ccTLD, has a Registry - an institution that administers the registrations and sets the prerequisites that each concrete top-level domain name may contain, such as the duration of the registration period or the residency of the registrant. Certain Registrar companies work under the Registry. These are the companies that in fact offer the domain name to clients and manage all domain resource records.
Earn Revenue From Selling Domains
Many Registrars have reseller programs that permit people to earn profit from offering domain names to end customers. If you register with such a program, you can kick off your own online business. Usually, a domain will cost less if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end user. The explanation is that resellers can contact more persons in local communities or states where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both sides will benefit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar charges for the domain registration.
Resell Domains On Behalf Of Your Own Brand Name
When you subscribe to a domain reseller program, you will receive a webspace hosting CP where you can settle the prices for the separate TLDs that the Registrar offers. Most corporations also offer billing software and templates for your web shop, and the automation of the entire process coupled with the considerable demand for domain names render the domain name reseller market niche so attractive. You will either obtain a pre-developed website and use the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your very own web site and form for placing orders. Generally, you have the opportunity to pick between the 2 options, so it all depends on how expert you are in these issues. As a domain reseller, you will operate on behalf of your very own personal trademark name and not under the Registrar's brand.
Make Revenue From Providing Web Hosting Plans Too
An adequate supplement to your domain name reseller business would be to sell web hosting accounts too. Thus, you can give a package deal to clients who want to create their site and need both a domain and a web hosting account. A number of companies offer such options. With 'ResellersPanel', for instance, you can buy a Virtual Server or a dedicated server, and they will also give you a domain reseller account and free invoice transaction software to charge your clients. You can then offer Top-Level Domains and shared web hosting accounts to customers, and since they offer lots of diverse domain name extensions, you will be able to offer domain name and hosting services to persons from all over the world.