Domain name reseller
The Internet is an ever-developing community that supplies new ways to gain cash online. One of these ways is to be a domain reseller and sell domain names to end users, generating revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered every day, and there are 1 000 000's of currently active domain names, so this is a flowering marketing niche that you can be a part of.
TLDs and SLDs
A domain comprises 2 parts - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic top-level domain names include the most popular domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains are composed of 2-letter abbreviations that symbolize each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a country-code TLD, has a Registry - an institution that is responsible for the registrations and sets the preconditions that each concrete Top-Level Domain may involve, including the length of the registration term or the citizenship of the registrant. A number of Registrar firms work under the Registry. These are the corporations that actually offer the domain name to customers and handle all domain resource records.
Earn Profit From Selling Domains
Lots of Registrars have reseller programs that allow individuals to gain revenue from offering domain names to end clients. If you register with such a program, you can commence your very own online business. Regularly, a domain will be cheaper if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end client. The cause is that resellers can contact more individuals in local communities or countries where the Registrar may not be known at all. This means more sales for the Registrar, so both parties will cash in on that. Your profit will be the difference between the price that the user pays and the one that the Registrar charges for the domain name registration.
Resell TLDs On Behalf Of Your Own Brand
When you sign up for a domain reseller program, you will have a webspace hosting CP where you can determine the prices for the individual top-level domain names that the Registrar provides. Most corporations also offer invoicing transaction software and web page skins for your web store, and the automation of the whole procedure coupled with the increasing demand for domains render the domain reseller market so tempting. You will either get a ready-for-use web site and avail of the Registrar system to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can build your very own personal web page and form for placing orders. Normally, you have the option to pick between the 2 alternatives, so it all depends on how expert you are in these matters. As a domain name reseller, you will work under your personal trademark name and not on behalf of the Registrar's brand.
Make Profit From Offering Web Space Hosting Packages As Well
An appropriate addition to your domain reseller business would be to sell web hosting solutions as well. In this way, you can give a package deal to individuals who want to have their web site and need both a domain and a website hosting account. A few firms furnish such options. With 'ResellersPanel', for example, you can manage a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and free invoicing software to charge your customers. You can then offer TLDs and shared web hosting accounts to clients, and since they offer 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.