Domain name reseller
The World Wide Web is an ever-enlarging system that generates new possibilities to gain money on the Web. One of these ways is to be a domain reseller and sell domain names to end customers, gaining revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered each and every day, and there are 1 000 000's of currently active domain names, so this is a flowering business niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain contains 2 entities - a Top-Level Domain (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 TLDs can be generic or country code. The generic Top-Level Domains include the most widely used domain extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs contain two-character abbreviations that correspond to each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code one, has a Registry - an organization that deals with the registrations and determines the preconditions that each specific Top-Level Domain may entail, including the length of the registration term or the residency of the registrant. A number of Registrar firms work under the Registry. These are the companies that actually sell the domain name to clients and administer all domain name resource records.
Earn Profit From Selling Domain Names
Lots of Registrars have reseller programs that permit individuals to make profit from selling domain names to end customers. If you register with such a program, you can start your own e-business. Typically, a domain will cost less if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end client. The reason is that resellers can reach more customers in areas or countries where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both parties will take advantage of that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar levies for the domain name registration.
Trade TLDs On Behalf Of Your Own Trademark Name
When you sign up for a domain name reseller program, you will get a website hosting CP where you can select the prices for the different TLDs that the Registrar offers. Most companies also provide invoicing software and website themes for your online storefront, and the automation of the entire process together with the high demand for domain names make the domain name reseller industry so attractive. You will either receive a pre-made site and avail of the Registrar platform to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can set up your own online portal and order form. Commonly, you have the opportunity to decide between the two options, so it all revolves around how proficient you are in these issues. As a domain reseller, you will operate on behalf of your very own trademark name and not under the Registrar's.
Gain Profit From Reselling Website Hosting Packages As Well
A relevant addition to your domain reseller business would be to sell web hosting packages too. In this way, you can offer a package deal to persons who wish to launch their web page and demand both a domain and a website hosting account. A few corporations furnish such options. With 'ResellersPanel', for example, you can buy a VPS or a dedicated server, and they will also give you a domain reseller account and free-of-charge invoice management software to charge your customers. You can then offer Top-Level Domains and shared website hosting packages to clients, and since they provide lots of diverse domain extensions, you will be able to provide domain and hosting services to customers from all over the world.