Domain name reseller
The World Wide Web is an ever-enlarging community that furnishes new ways to make money on the Internet. One of them is to become a domain name reseller and offer domains to end clients, earning profit from the difference between the wholesale and the retail cost 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 an expanding marketing niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain consists of two entities - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic top-level domain names include the most famous domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains consist of 2-letter abbreviations that correspond to each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, 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 sets the prerequisites that each specific top-level domain name may include, among them the length of the registration period or the citizenship of the registrant. Certain Registrar companies operate under the Registry. These are the firms that actually offer the domain name to customers and administer all DNS records.
Make Profit From Reselling Domains
Many Registrars have reseller programs that allow people to make profit from selling domain names to end clients. If you register with such a program, you can launch your very own personal e-business. Usually, a domain name will be more inexpensive if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end user. The cause is that resellers can reach more customers in areas or states where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both sides will benefit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar imposes for the domain name registration.
Offer TLDs Under Your Own Brand
When you register with a domain name reseller program, you will get a web space hosting CP where you can select the prices for the different TLDs that the Registrar provides. Most firms also provide billing transaction software and web site layouts for your virtual storefront, and the automation of the entire procedure together with the significant demand for domains render the domain name reseller business so tempting. You will either have a ready-for-use website and use the Registrar platform to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can build your very own portal and order form. Usually, you have the opportunity to choose between the 2 options, so it all revolves around how advanced you are in these affairs. As a domain reseller, you will work under your own brand and not under the Registrar's brand.
Earn Money From Selling Hosting Plans Too
A perfect supplement to your domain name reseller business would be to sell web hosting plans too. Thus, you can give a package deal to customers who wish to make their web site and demand both a domain and a webspace hosting plan. A number of companies furnish such options. With 'ResellersPanel', for instance, you can purchase a VPS or a dedicated server, and they will also give you a domain reseller account and charge-free invoicing transaction software to bill your customers. You can then sell Top-Level Domains and shared web hosting packages to clients, and since they provide a lot of diverse domain extensions, you will be able to provide domain name and hosting services to persons from all over the globe.