Domain name reseller
The Internet is an ever-increasing system that provides new opportunities to gain money on the Internet. One of these possibilities is to be a domain name reseller and sell domain names to end customers, earning revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered each and every day, and there are 1 000 000's of presently functioning domain names, so this is a growing business niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain name involves 2 parts - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The gTLDs include the most famous domain extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs are made of two-character abbreviations that denote each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a country-code top-level domain name, has a Registry - an institution that manages the registrations and sets the requirements that each particular top-level domain name may impose, including the length of the registration term or the citizenship of the registrant. Certain Registrar firms operate under the Registry. These are the companies that actually offer the domain name to clients and manage all domain resource records.
Earn Revenue From Selling Domain Names
Plenty of Registrars have reseller programs that enable individuals to make money from selling domains to end customers. If you subscribe to such a program, you can establish your own personal Internet business. Usually, 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 explanation is that resellers can reach more people in local communities or countries where the Registrar may not be famous at all. This means more sales for the Registrar, so both sides will profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar imposes for the domain registration.
Sell Domains On Behalf Of Your Personal Trademark Name
When you sign up for a domain name reseller program, you will get a CP where you can set the prices for the separate Top-Level Domains that the Registrar provides. Most companies also provide invoice transaction software and web themes for your web shop, and the automation of the whole process together with the increasing demand for domain names render the domain reseller business niche so attractive. You will either acquire a pre-built website and use the Registrar platform to resell domains, or they will give you access to their API (Application Programming Interface) so that you can create your very own personal online portal and form for placing orders. Commonly, you have the opportunity to decide between the 2 alternatives, so it all revolves around how skillful you are in these issues. As a domain reseller, you will operate on behalf of your own brand and not under the Registrar's brand.
Earn Revenue From Reselling Web Site Hosting Services Too
An adequate supplement to your domain name reseller business would be to sell web hosting plans too. Thus, you can give a package deal to people who would like to run their site and need both a domain and a web space hosting plan. Certain companies provide such options. With 'ResellersPanel', for instance, you can have a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and charge-free invoicing transaction software to bill your customers. You can then offer top-level domain names and shared web hosting plans to customers, and since they provide many diverse domain extensions, you will be able to provide domain name and hosting services to customers from all over the world.