Domain name reseller
The Internet is an ever-flourishing system that furnishes new options to earn cash on the Internet. One of these possibilities is to become a domain reseller and sell domains to end clients, generating profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered every day, and there are millions of currently functioning domain names, so this is a flowering business niche that you can become engaged in.
TLDs and SLDs
A domain name contains two components - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic top-level domain names include the most widespread domain extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs include 2-character abbreviations that signify each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a country-code Top-Level Domain, has a Registry - an organization that administers the registrations and sets the preconditions that each specific Top-Level Domain may have, like the duration of the registration period or the residency of the registrant. Certain Registrar firms operate under the Registry. These are the firms that in fact sell the domain name to customers and manage all domain name records.
Make Cash From Selling Domain Names
Multiple Registrars have reseller programs that enable individuals to gain cash from offering domain names to end customers. If you sign up for such a program, you can set up your very own personal online business. Commonly, a domain will cost less if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end client. The reason is that resellers can contact more people in regions or states where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides 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 name registration.
Resell Domain Names Under Your Very Own Personal Brand
When you sign up for a domain reseller program, you will have a web space hosting Control Panel where you can fix the prices for the various top-level domain names that the Registrar offers. Most corporations also offer billing management software and web site templates for your online storefront, and the automation of the entire procedure combined with the great demand for domain names render the domain name reseller business so seductive. You will either obtain a ready-to-use web site and utilize the Registrar platform to sell domains, or they will give you access to their API (Application Programming Interface) so that you can build your own personal site and order form. Normally, you have the opportunity to choose between the two options, so it all revolves around how advanced you are in these things. As a domain name reseller, you will work under your own personal brand name and not under the Registrar's brand.
Make Profit From Reselling Site Hosting Accounts Too
A suitable addition to your domain reseller business would be to sell web hosting accounts too. In this way, you can offer a package deal to clients who would like to make their website and demand both a domain name and a webspace hosting account. A few corporations have such options. With 'ResellersPanel', for example, you can purchase a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and free-of-charge invoicing transaction software to charge your customers. You can then sell domains and shared website hosting packages to customers, and since they offer lots of diverse domain name extensions, you will be able to offer domain name and hosting services to clients from all around the globe.