Domain name reseller
The Internet is an ever-increasing network that offers new opportunities to make money on the Internet. One of these options is to become a domain reseller and offer domains to end clients, earning revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered every day, and there are millions of currently functioning domains, so this is a growing marketing niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain name consists of 2 parts - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic Top-Level Domains include the most widely used domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs are made of 2-letter abbreviations that represent 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 country-code one, has a Registry - an organization that handles the registrations and determines the prerequisites that each concrete TLD may entail, such as the duration of the registration period or the residency of the registrant. Certain Registrar firms operate under the Registry. These are the firms that actually sell the domain name to clients and manage all domain records.
Earn Revenue From Reselling Domains
Many Registrars have reseller programs that permit individuals to earn revenue from selling domains to end clients. If you subscribe to such a program, you can launch your own online business. Typically, a domain will be cheaper if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end user. The cause is that resellers can contact more users in regional communities or countries where the Registrar may not be famous at all. This means more sales for the Registrar, so both sides will make a profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar charges for the domain name registration.
Trade Domain Names On Behalf Of Your Own Brand
When you subscribe to a domain reseller program, you will receive a web hosting Control Panel where you can set the prices for the various top-level domain names that the Registrar offers. Most companies also provide billing transaction software and website skins for your web store, and the automation of the whole procedure combined with the strong demand for domains render the domain reseller market so seductive. You will either get a ready-made website and avail of the Registrar system to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your very own web portal and order form. Normally, you have the opportunity to choose between the two alternatives, so it all revolves around how trained you are in these affairs. As a domain name reseller, you will operate on behalf of your personal trademark name and not under the Registrar's.
Gain Cash From Providing Web Space Hosting Services As Well
A nice addition to your domain name reseller business would be to sell web hosting packages too. In this way, you can give a package deal to people who wish to set up their site and need both a domain name and a hosting plan. Given companies furnish such options. With 'ResellersPanel', for example, you can purchase a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and cost-free invoicing software to bill your clients. You can then offer TLDs and shared hosting accounts to customers, and since they provide lots of diverse domain name extensions, you will be able to offer domain name and hosting services to individuals from all around the globe.