Domain name reseller
The World Wide Web is an ever-enlarging system that provides new possibilities to gain money on the Internet. One of them is to become a domain name reseller and offer domains to end clients, gaining 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 1 000 000's of currently functioning domains, so this is a thriving business niche that you can become a part of.
Top-Level and Second-Level Domains
A domain name consists of two components - a Top-Level Domain (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 name.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic TLDs include the most widespread domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs are made of two-character abbreviations that represent each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a country-code top-level domain name, has a Registry - an institution that administers the registrations and determines the preconditions that each particular Top-Level Domain may involve, including the duration of the registration term or the residency of the registrant. A number of Registrar companies work under the Registry. These are the corporations that actually offer the domain name to clients and administer all domain resource records.
Gain Money From Selling Domain Names
Plenty of Registrars have reseller programs that permit individuals to gain profit from offering domain names to end customers. If you register with such a program, you can kick off your own web business. Typically, a domain name will be cheaper if it is registered through a reseller rather than if it is bought directly from the Registrar by an end client. The cause is that resellers can reach more users in regional districts or states where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both parties will profit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar requires for the domain name registration.
Offer Domain Names On Behalf Of Your Very Own Personal Brand Name
When you sign up for a domain reseller program, you will get a website hosting CP where you can set the prices for the specific TLDs that the Registrar provides. Most companies also provide invoicing transaction software and web layouts for your web store, and the automation of the whole procedure combined with the significant demand for domain names make the domain reseller business niche so alluring. You will either receive a ready-for-use website and use the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your very own online portal and order form. Commonly, you have the option to choose between the two alternatives, so it all depends on how proficient you are in these things. As a domain reseller, you will sell on behalf of your own personal trademark name and not under the Registrar's.
Make Cash From Promoting Site Hosting Accounts Too
A suitable addition to your domain name reseller business would be to sell web hosting plans as well. In this way, you can give a package deal to clients who would like to set up their site and need both a domain and a hosting account. Particular firms provide such options. With 'ResellersPanel', for example, you can buy a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and free-of-cost invoicing software to bill your clients. You can then offer domain names and shared hosting plans to customers, and since they offer lots of different domain extensions, you will be able to provide domain and hosting services to customers from all around the world.