Domain name reseller
The Internet is an ever-growing system that furnishes new opportunities to gain cash on the Web. One of these opportunities is to become a domain reseller and sell domain names to end customers, earning profit from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered each day, and there are 1 000 000's of presently functioning domains, so this is a blooming marketing niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain name is composed of 2 entities - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The gTLDs include the most widely used domain extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs include 2-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 gTLD or a country-code one, has a Registry - an organization that deals with the registrations and determines the prerequisites that each particular Top-Level Domain may have, among them the duration of the registration period or the residency of the registrant. Certain Registrar corporations work under the Registry. These are the companies that in fact offer the domain name to clients and administer all DNS records.
Gain Cash From Offering Domains
Numerous Registrars have reseller programs that enable individuals to make money from offering domains to end customers. If you subscribe to such a program, you can kickstart your very own personal electronic business. Commonly, a domain name will be cheaper if it is registered through a reseller rather than if it is bought directly from the Registrar by an end user. The cause is that resellers can contact more users in regions or states where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both sides will take advantage of that. Your profit will be the difference between the price that the user pays and the one that the Registrar imposes for the domain name registration.
Resell TLDs On Behalf Of Your Very Own Personal Trademark Name
When you register with a domain name reseller program, you will have a web site hosting Control Panel where you can choose the prices for the individual top-level domain names that the Registrar provides. Most corporations also offer billing management software and skins for your web storefront, and the automation of the entire process coupled with the enormous demand for domain names render the domain name reseller business so attractive. You will either acquire a pre-built site and use the Registrar platform to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can create your own personal portal and form for placing orders. Traditionally, you have the option to choose between the two options, so it all depends on how accomplished you are in these affairs. As a domain name reseller, you will operate under your personal brand and not under the Registrar's brand.
Earn Profit From Selling Web Site Hosting Solutions As Well
A suitable addition to your domain name reseller business would be to sell web hosting plans too. In this way, you can give a package deal to clients who wish to manage their website and demand both a domain name and a web site hosting package. A few corporations supply such options. With 'ResellersPanel', for example, you can buy a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and cost-free invoicing software to charge your customers. You can then offer TLDs and shared website hosting accounts to customers, and since they provide a lot of diverse domain name extensions, you will be able to provide domain name and hosting services to customers from all over the world.