Domain name reseller
The Internet is an ever-flourishing system that supplies new ways to gain cash on the Web. One of these possibilities is to become a domain name reseller and sell domains to end users, earning profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered each and every day, and there are 1 000 000's of presently functioning domain names, so this is a thriving marketing niche that you can become a part of.
Top-Level and Second-Level Domains
A domain includes 2 parts - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the second-level domain name.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic TLDs include the most popular domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs consist of two-character abbreviations that stand for each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a country-code top-level domain name, has a Registry - an institution that handles the registrations and sets the requirements that each concrete TLD may include, among them the duration of the registration period or the residency of the registrant. Certain Registrar corporations work under the Registry. These are the corporations that in fact offer the domain name to customers and handle all DNS resource records.
Earn Money From Offering Domains
Numerous Registrars have reseller programs that permit individuals to earn cash from offering domains to end customers. If you sign up for such a program, you can set up your own e-business. Regularly, a domain name will be cheaper if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end user. The reason is that resellers can contact more clients in provinces or countries where the Registrar may not be popular whatsoever. This means 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 levies for the domain registration.
Resell Domains On Behalf Of Your Very Own Personal Brand
When you register with a domain name reseller program, you will get a Control Panel where you can select the prices for the various top-level domain names that the Registrar offers. Most companies also provide billing management software and layouts for your web shop, and the automation of the entire process together with the swelling demand for domains make the domain reseller market so tempting. You will either obtain a ready-to-use 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 create your own portal and order form. Typically, you have the option to select between the 2 options, so it all depends on how skillful you are in these things. As a domain name reseller, you will operate on behalf of your own brand and not on behalf of the Registrar's.
Make Revenue From Promoting Web Space Hosting Packages As Well
An adequate supplement to your domain reseller business would be to sell web hosting solutions as well. Thereby, you can give a package deal to users who want to have their online portal and demand both a domain name and a website hosting account. A few corporations provide such options. With 'ResellersPanel', for instance, you can order a VPS or a dedicated server, and they will also give you a domain name reseller account and charge-free invoice transaction software to charge your customers. You can then offer domains and shared hosting packages to clients, and since they provide lots of different domain extensions, you will be able to offer domain name and hosting services to individuals from all over the globe.