Domain name reseller
The World Wide Web is an ever-flourishing community that supplies new ways to gain money on the Web. 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 price of each domain name. 1000's of domains are registered each and every day, and there are millions of currently functioning domain names, so this is a flourishing marketing niche that you can be a part of.
Top-Level and Second-Level Domains
A domain is composed of two constituents - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the second-level domain name.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The gTLDs comprise the most common domain name extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs contain 2-character abbreviations that correspond to each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a ccTLD, has a Registry - an organization that manages the registrations and sets the prerequisites that each given Top-Level Domain may impose, like the length of the registration period or the residency of the registrant. Certain Registrar firms operate under the Registry. These are the corporations that in fact offer the domain name to customers and administer all DNS records.
Make Profit From Selling Domains
Many Registrars have reseller programs that allow people to earn profit from selling domain names to end clients. If you register with such a program, you can begin your own personal online business. Typically, a domain name will be cheaper if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end user. The explanation is that resellers can contact more people in regional communities or states where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both sides will benefit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar levies for the domain name registration.
Offer TLDs Under Your Very Own Brand Name
When you register with a domain name reseller program, you will receive a hosting Control Panel where you can choose the prices for the specific Top-Level Domains that the Registrar offers. Most firms also offer invoice software and web design layouts for your virtual store, and the automation of the entire procedure combined with the great demand for domains render the domain reseller industry so tempting. You will either obtain a turn-key web site and make use of the Registrar platform to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can build your own web site and form for placing orders. Generally, you have the option to choose between the 2 possibilities, so it all depends on how accomplished you are in these issues. As a domain reseller, you will sell on behalf of your personal trademark name and not under the Registrar's brand.
Make Revenue From Offering Site Hosting Services Too
A proper supplement to your domain reseller business would be to sell web hosting packages as well. Thereby, you can offer a package deal to people who desire to have their online portal and demand both a domain and a web space hosting plan. A number of companies offer such options. With 'ResellersPanel', for instance, you can buy a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and charge-free invoice software to charge your clients. You can then offer TLDs and shared website hosting packages to clients, and since they offer lots of diverse domain extensions, you will be able to offer domain name and hosting services to users from all over the globe.