Domain name reseller
The Internet is an ever-increasing community that offers new possibilities to gain cash on the Internet. One of these options is to be a domain reseller and offer domains to end clients, generating revenue from the difference between the wholesale and the retail price of each and every domain name. 1000's of domains are registered every day, and there are 1 000 000's of presently active domain names, so this is a flourishing business niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain includes two parts - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the SLD.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic top-level domain names comprise the most common domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs are made of 2-letter abbreviations that denote each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code Top-Level Domain, has a Registry - an organization that deals with the registrations and sets the prerequisites that each concrete TLD may have, such as the duration of the registration term or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the corporations that actually sell the domain name to clients and handle all DNS resource records.
Gain Money From Reselling Domain Names
Numerous Registrars have reseller programs that permit people to gain cash from offering domains to end clients. If you subscribe to such a program, you can commence your own personal Internet business. Regularly, a domain will be more inexpensive if it is registered via a reseller rather than if it is bought directly from the Registrar by an end user. The explanation is that resellers can contact more users in local regions or countries where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both parties will earn a profit from 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.
Offer Top-Level Domain Names On Behalf Of Your Very Own Personal Brand Name
When you subscribe to a domain name reseller program, you will get a CP where you can fix the prices for the separate top-level domain names that the Registrar provides. Most corporations also offer invoicing transaction software and site templates for your virtual store, and the automation of the whole procedure coupled with the large demand for domain names render the domain reseller market so seductive. You will either have a pre-built website and utilize the Registrar platform to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your own personal web portal and order form. Normally, you have the option to select between the two options, so it all revolves around how practiced you are in these affairs. As a domain name reseller, you will sell on behalf of your very own brand name and not on behalf of the Registrar's brand.
Gain Profit From Promoting Webspace Hosting Packages As Well
A proper addition to your domain reseller business would be to sell web hosting solutions as well. Thereby, you can give a package deal to individuals who desire to set up their website and need both a domain name and a web site hosting account. A few companies have such options. With 'ResellersPanel', for instance, you can buy a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost invoicing software to bill your customers. You can then sell top-level domain names and shared website hosting plans to clients, and since they provide plenty of diverse domain name extensions, you will be able to offer domain name and hosting services to individuals from all around the world.