Domain reseller
The World Wide Web is an ever-growing network that provides new ways to earn money on the Internet. One of these ways is to be a domain reseller and sell domain names to end customers, making profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered each and every day, and there are 1 000 000's of currently active domains, so this is a developing business niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain name involves two constituents - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic TLDs include the most common domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains are made of two-character abbreviations that symbolize each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a country-code Top-Level Domain, has a Registry - an organization that is responsible for the registrations and determines the requirements that each specific TLD may impose, like the duration of the registration period or the citizenship of the registrant. Certain Registrar companies operate under the Registry. These are the corporations that in fact offer the domain name to customers and manage all domain name records.
Make Cash From Selling Domain Names
Plenty of Registrars have reseller programs that allow individuals to earn revenue from offering domain names to end users. If you sign up for such a program, you can begin your own web 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 customer. The reason is that resellers can reach more customers in areas or countries where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both parties will profit 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 registration.
Offer Domains Under Your Own Brand
When you sign up for a domain reseller program, you will have a web site hosting CP where you can select the prices for the various TLDs that the Registrar provides. Most firms also provide invoicing software and website themes for your web store, and the automation of the whole procedure together with the high demand for domains make the domain name reseller business niche so attractive. You will either have a ready-to-use site and utilize the Registrar system to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can set up your very own personal web page and order form. Typically, you have the option to select between the 2 options, so it all revolves around how accomplished you are in these matters. As a domain name reseller, you will sell under your personal brand and not on behalf of the Registrar's.
Earn Profit From Promoting Web Page Hosting Packages Too
A reasonable supplement to your domain name reseller business would be to sell web hosting packages too. Thereby, you can offer a package deal to individuals who want to build their web site and need both a domain name and a website hosting package. Given firms provide such options. With 'ResellersPanel', for instance, you can have a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and free-of-charge billing software to charge your customers. You can then offer domain names and shared hosting packages to customers, and since they offer plenty of diverse domain extensions, you will be able to provide domain name and hosting services to people from all around the globe.