Domain name reseller
The Internet is an ever-developing community that generates new options to gain money online. One of these options is to become a domain name reseller and offer domains to end users, earning profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered each and every day, and there are millions of currently functioning domain names, so this is a flourishing business niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain involves two parts - 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 name and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic Top-Level Domains comprise the most widespread domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains contain 2-letter abbreviations that signify each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a country-code TLD, has a Registry - an organization that tackles the registrations and determines the requirements that each given top-level domain name may involve, among them the duration of the registration term or the citizenship of the registrant. A number of Registrar firms operate under the Registry. These are the corporations that in fact offer the domain name to clients and administer all domain name resource records.
Earn Revenue From Reselling Domain Names
Many Registrars have reseller programs that enable people to gain profit from offering domain names to end users. If you register with such a program, you can build your very own electronic business. Normally, a domain name will be cheaper if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end customer. The explanation is that resellers can contact more users in regions or countries where the Registrar may not be popular whatsoever. 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 customer pays and the one that the Registrar imposes for the domain name registration.
Resell Domain Names Under Your Personal Brand Name
When you subscribe to a domain name reseller program, you will obtain a webspace hosting Control Panel where you can determine the prices for the different TLDs that the Registrar provides. Most corporations also offer invoice management software and site themes for your online store, and the automation of the entire procedure combined with the growing demand for domain names make the domain reseller market niche so tempting. You will either have a pre-made web site and make use of the Registrar platform to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your very own web page and order form. Commonly, you have the opportunity to choose between the two alternatives, so it all depends on how practiced you are in these things. As a domain name reseller, you will sell under your very own brand and not under the Registrar's brand.
Gain Cash From Offering Web Page Hosting Solutions As Well
A relevant addition to your domain name reseller business would be to sell web hosting solutions as well. Thereby, you can give a package deal to individuals who wish to establish their site and need both a domain name and a site hosting account. A number of corporations have such options. With 'ResellersPanel', for instance, you can buy a VPS or a dedicated server, and they will also offer you a domain reseller account and free-of-charge invoice transaction software to bill your customers. You can then sell top-level domain names and shared website hosting packages to clients, and since they provide lots of different domain extensions, you will be able to offer domain and hosting services to users from all around the world.