Domain name reseller
The World Wide Web is an ever-enlarging system that furnishes new opportunities to earn money online. One of these ways is to become a domain reseller and sell domains to end customers, earning profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered each day, and there are 1 000 000's of presently functioning domains, so this is a thriving marketing niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain consists of two parts - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic top-level domain names include the most famous domain name extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs are composed of 2-letter abbreviations that correspond to each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a country-code TLD, has a Registry - an institution that handles the registrations and determines the requirements that each particular top-level domain name may include, among them the duration of the registration term or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the companies that in fact offer the domain name to clients and manage all DNS resource records.
Make Profit From Offering Domain Names
Plenty of Registrars have reseller programs that enable individuals to gain profit from offering domains to end clients. If you register with such a program, you can kickstart your very own personal web business. Typically, a domain name will be more inexpensive if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end user. The reason is that resellers can contact more customers in regional communities or countries where the Registrar may not be famous at all. This means more sales for the Registrar, so both sides will profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar charges for the domain name registration.
Resell TLDs On Behalf Of Your Own Trademark Name
When you sign up for a domain name reseller program, you will obtain a web space hosting CP where you can determine the prices for the individual Top-Level Domains that the Registrar provides. Most firms also offer invoice transaction software and site templates for your online store, and the automation of the whole process combined with the immense demand for domains render the domain reseller business niche so alluring. You will either obtain a ready-made website and avail of the Registrar system to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can create your own site and form for placing orders. Traditionally, you have the opportunity to pick between the 2 options, so it all revolves around how skillful you are in these matters. As a domain name reseller, you will do business under your very own personal brand name and not on behalf of the Registrar's brand.
Gain Money From Reselling Site Hosting Plans As Well
A perfect addition to your domain name reseller business would be to sell web hosting services too. Thus, you can give a package deal to users who desire to establish their web site and require both a domain and a website hosting account. A few companies offer such options. With 'ResellersPanel', for instance, you can run a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and free-of-cost invoice management software to charge your clients. You can then sell domains and shared website hosting plans to customers, and since they offer lots of diverse domain name extensions, you will be able to offer domain name and hosting services to clients from all around the world.