Domain name reseller
The Internet is an ever-enlarging community that furnishes new options to make money on the Web. One of these opportunities is to be a domain reseller and sell domains to end customers, making revenue from the difference between the wholesale and the retail price of each and every domain name. 1000's of domains are registered each day, and there are 1 000 000's of currently active domains, so this is an enlarging business niche that you can become a part of.
Top-Level and Second-Level Domains
A domain name comprises 2 parts - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The gTLDs comprise the most widespread domain name extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names are composed of two-character abbreviations that represent each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code TLD, has a Registry - an organization that handles the registrations and sets the preconditions that each concrete top-level domain name may contain, among them the duration of the registration term or the residency of the registrant. Certain Registrar firms operate under the Registry. These are the corporations that actually offer the domain name to customers and administer all domain name resource records.
Earn Money From Selling Domains
Numerous Registrars have reseller programs that allow individuals to earn money from selling domain names to end users. If you subscribe to such a program, you can start your very own e-business. Usually, a domain will be cheaper if it is registered through a reseller rather than if it is bought straight from the Registrar by an end customer. The explanation is that resellers can reach more clients in local communities or countries where the Registrar may not be famous at all. This implies more sales for the Registrar, so both parties will capitalize on that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar charges for the domain name registration.
Offer Top-Level Domains On Behalf Of Your Own Trademark Name
When you register with a domain reseller program, you will acquire a web site hosting CP where you can select the prices for the different Top-Level Domains that the Registrar offers. Most companies also offer billing management software and web site templates for your online shop, and the automation of the entire process together with the significant demand for domain names render the domain reseller market so attractive. You will either obtain a ready-to-use web site and use the Registrar platform to resell domains, or they will give you access to their API (Application Programming Interface) so that you can set up your own web portal and form for placing orders. Traditionally, you have the option to pick between the 2 alternatives, so it all depends on how accomplished you are in these things. As a domain reseller, you will sell under your very own trademark name and not under the Registrar's.
Make Profit From Providing Web Hosting Accounts Too
A relevant addition to your domain name reseller business would be to sell web hosting services too. Thus, you can offer a package deal to customers who would like to create their web page and demand both a domain name and a web page hosting package. Given firms have such options. With 'ResellersPanel', for instance, you can purchase a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and cost-free invoice software to charge your customers. You can then sell domain names and shared hosting accounts to customers, and since they provide many different domain extensions, you will be able to offer domain and hosting services to clients from all over the globe.