Domain name reseller
The Internet is an ever-developing community that generates new options to earn cash online. One of these options is to be a domain name reseller and offer domains to end clients, generating profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered each day, and there are 1 000 000's of currently active domain names, so this is a thriving marketing niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain name contains 2 parts - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic top-level domain names comprise the most common domain extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names consist of two-letter abbreviations that stand for each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic Top-Level Domain or a country-code Top-Level Domain, has a Registry - an organization that manages the registrations and determines the preconditions that each particular Top-Level Domain may impose, including the length of the registration period or the citizenship of the registrant. A number of Registrar firms operate under the Registry. These are the companies that in fact sell the domain name to customers and handle all domain records.
Gain Revenue From Reselling Domain Names
Plenty of Registrars have reseller programs that permit individuals to earn profit from selling domains to end users. If you register with such a program, you can build your very own web business. Regularly, 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 persons in local communities or countries where the Registrar may not be known at all. This means more sales for the Registrar, so both parties will make a 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 registration.
Sell Domain Names Under Your Own Brand Name
When you register with a domain reseller program, you will acquire a webspace hosting Control Panel where you can fix the prices for the specific Top-Level Domains that the Registrar provides. Most corporations also offer invoicing transaction software and website skins for your online shop, and the automation of the whole procedure together with the big demand for domain names render the domain name reseller industry so attractive. You will either have a ready-to-use web site and avail of the Registrar platform to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can build your own online portal and order form. Commonly, you have the opportunity to choose between the two alternatives, so it all depends on how accomplished you are in these things. As a domain name reseller, you will operate on behalf of your own trademark name and not under the Registrar's brand.
Gain Money From Supplying Hosting Services As Well
A sensible supplement to your domain name reseller business would be to sell web hosting accounts too. Thereby, you can offer a package deal to customers who desire to develop their web portal and need both a domain and a web site hosting plan. Some corporations supply such options. With 'ResellersPanel', for instance, you can have a VPS or a dedicated server, and they will also offer you a domain reseller account and free-of-cost billing software to charge your customers. You can then sell TLDs and shared web hosting packages to clients, and since they offer a lot of different domain name extensions, you will be able to provide domain and hosting services to clients from all around the globe.