Domain name reseller
The Internet is an ever-growing community that furnishes new ways to gain money on the Web. One of these options is to become a domain reseller and sell domains to end clients, generating profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered each and every day, and there are 1 000 000's of presently active domains, so this is an increasing business niche that you can be involved in.
TLDs and SLDs
A domain name is made of 2 pieces - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most popular domain name extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs consist of two-character abbreviations that symbolize each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a ccTLD, has a Registry - an institution that manages the registrations and determines the prerequisites that each given top-level domain name may have, such as the length of the registration period or the residency of the registrant. Certain Registrar firms operate under the Registry. These are the firms that actually sell the domain name to customers and manage all domain resource records.
Make Revenue From Reselling Domain Names
Many Registrars have reseller programs that allow people to gain profit from selling domain names to end users. If you register with such a program, you can set up your own personal 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 customer. The cause is that resellers can contact more users in local communities or countries where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both parties will profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain registration.
Trade Top-Level Domain Names Under Your Own Brand
When you register with a domain reseller program, you will acquire a web space hosting Control Panel where you can fix the prices for the different top-level domain names that the Registrar provides. Most companies also provide billing software and site templates for your web shop, and the automation of the whole process together with the enlarging demand for domain names render the domain reseller business so desirable. You will either obtain a pre-made site and avail of the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can create your own online portal and order form. Usually, you have the option to decide between the two alternatives, so it all revolves around how skillful you are in these issues. As a domain name reseller, you will operate under your very own personal brand name and not under the Registrar's brand.
Make Money From Supplying Web Site Hosting Packages As Well
A logical supplement to your domain reseller business would be to sell web hosting accounts as well. In this way, you can give a package deal to users who want to make their online portal and demand both a domain name and a web site hosting plan. Given firms provide such options. With 'ResellersPanel', for instance, you can manage a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and free invoice management software to charge your clients. You can then sell TLDs and shared web hosting packages to clients, and since they offer lots of different domain name extensions, you will be able to provide domain and hosting services to users from all over the globe.