Domain name reseller
The Internet is an ever-developing network that delivers new options to earn money on the Web. One of these ways is to become a domain name reseller and offer domains to end customers, earning profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered every day, and there are 1 000 000's of currently active domain names, so this is a flowering marketing niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain name is composed of two parts - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic TLDs include the most common domain extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs involve 2-character abbreviations that correspond to each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a country-code top-level domain name, has a Registry - an organization that manages the registrations and sets the preconditions that each specific Top-Level Domain may impose, such as 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 actually sell the domain name to clients and manage all domain resource records.
Gain Money From Offering Domain Names
Numerous Registrars have reseller programs that allow individuals to earn money from offering domain names to end customers. If you sign up for such a program, you can commence your own e-business. As a rule, a domain name will be more inexpensive if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end customer. The reason is that resellers can contact more people in regions or states where the Registrar may not be known at all. 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 charges for the domain registration.
Resell Domain Names Under Your Very Own Personal Brand Name
When you register with a domain name reseller program, you will acquire a site hosting Control Panel where you can select the prices for the individual Top-Level Domains that the Registrar offers. Most companies also offer invoicing transaction software and website themes for your virtual store, and the automation of the whole procedure combined with the expanding demand for domains make the domain reseller business so attractive. You will either acquire a pre-built 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 make your very own personal web site and order form. Generally, you have the opportunity to pick between the 2 possibilities, so it all revolves around how experienced you are in these things. As a domain name reseller, you will operate on behalf of your personal brand name and not under the Registrar's brand.
Gain Money From Selling Web Page Hosting Packages As Well
An appropriate addition to your domain reseller business would be to sell web hosting packages too. Thereby, you can give a package deal to clients who desire to manage their web page and require both a domain and a webspace hosting package. Some companies offer such options. With 'ResellersPanel', for example, you can have a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and free-of-cost billing transaction software to bill your clients. You can then sell domains and shared hosting accounts to customers, and since they offer many different domain extensions, you will be able to provide domain name and hosting services to persons from all over the world.