Domain name reseller
The Internet is an ever-increasing platform that delivers new possibilities to earn cash on the Web. One of them is to be a domain name reseller and offer 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 domains are registered every day, and there are millions of presently active domains, so this is a blooming marketing niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain name includes two pieces - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain 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 generic top-level domain names comprise the most widely used domain extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names are composed of two-character abbreviations that correspond to 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 institution that is responsible for the registrations and sets the requirements that each concrete TLD may entail, such as the length of the registration term or the residency of the registrant. Certain Registrar companies operate under the Registry. These are the corporations that actually sell the domain name to customers and administer all domain name resource records.
Gain Revenue From Trading Domains
Lots of Registrars have reseller programs that allow individuals to make profit from selling domains to end users. If you sign up for such a program, you can initiate your very own web business. Generally, a domain name will be cheaper if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end customer. The cause is that resellers can contact more customers in regions or states where the Registrar may not be popular at all. This implies more sales for the Registrar, so both sides will cash in on that. Your revenue will be the difference between the price that the user pays and the one that the Registrar requires for the domain registration.
Offer Domain Names On Behalf Of Your Own Brand
When you subscribe to a domain reseller program, you will have a web space hosting Control Panel where you can choose the prices for the individual top-level domain names that the Registrar offers. Most corporations also provide invoice transaction software and design templates for your online store, and the automation of the entire procedure together with the huge demand for domains render the domain name reseller market so tempting. You will either obtain a pre-made web site and avail of the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can build your very own site and order form. Normally, you have the opportunity to decide between the 2 options, so it all depends on how practiced you are in these affairs. As a domain reseller, you will operate under your own trademark name and not under the Registrar's brand.
Gain Profit From Providing Hosting Services Too
A logical supplement to your domain reseller business would be to sell web hosting accounts as well. In this way, you can give a package deal to persons who desire to have their site and require both a domain name and a web hosting account. A few firms furnish such options. With 'ResellersPanel', for instance, you can have a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and free-of-charge invoice transaction software to charge your customers. You can then sell domains and shared web hosting packages to clients, and since they offer a lot of different domain name extensions, you will be able to offer domain and hosting services to clients from all over the globe.