Domain name reseller
The Internet is an ever-flourishing system that supplies new options to gain cash on the Internet. One of these options is to become a domain reseller and offer domain names to end users, earning revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered every day, and there are 1 000 000's of currently active domains, so this is an enlarging marketing niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain name is made of two parts - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The Top-Level Domains 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 country-code TLDs are composed of 2-letter abbreviations that stand for each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code TLD, has a Registry - an institution that is responsible for the registrations and determines the preconditions that each concrete TLD may have, among them the duration of the registration period or the residency of the registrant. A number of Registrar firms work under the Registry. These are the firms that in fact offer the domain name to clients and administer all DNS resource records.
Earn Profit From Offering Domains
Multiple Registrars have reseller programs that enable individuals to gain money from offering domain names to end clients. If you sign up for such a program, you can commence your very own personal online business. Generally, a domain name will be cheaper if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end customer. The reason is that resellers can contact more people in provinces or states where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both parties will cash in on that. Your revenue will be the difference between the price that the user pays and the one that the Registrar levies for the domain name registration.
Resell Domains On Behalf Of Your Own Personal Brand Name
When you subscribe to a domain reseller program, you will have a Control Panel where you can choose the prices for the separate TLDs that the Registrar provides. Most firms also offer billing management software and website templates for your online store, and the automation of the entire procedure coupled with the flourishing demand for domain names render the domain name reseller business so seductive. You will either acquire a ready-made web site and utilize the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can build your very own portal and form for placing orders. Traditionally, you have the option to pick between the two possibilities, so it all revolves around how experienced you are in these matters. As a domain reseller, you will sell under your own personal brand name and not on behalf of the Registrar's.
Make Revenue From Trading Web Page Hosting Services Too
A reasonable addition to your domain reseller business would be to sell web hosting packages too. Thus, you can offer a package deal to individuals who wish to manage their website and demand both a domain name and a hosting account. A few companies offer such options. With 'ResellersPanel', for example, you can manage a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost billing management software to charge your customers. You can then offer TLDs and shared website hosting accounts to customers, and since they offer plenty of different domain extensions, you will be able to offer domain name and hosting services to clients from all over the globe.