Domain name reseller
The Internet is an ever-flourishing network that supplies new opportunities to gain cash on the Web. One of these opportunities is to become a domain reseller and offer domains to end customers, making revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered each and every day, and there are millions of presently active domain names, so this is an enlarging business niche that you can be involved in.
Top-Level and Second-Level Domains
A domain name contains 2 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.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most common domain name extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs contain two-character abbreviations that stand for each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a ccTLD, has a Registry - an institution that administers the registrations and sets the prerequisites that each concrete TLD may involve, including the length of the registration period or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the corporations that in fact sell the domain name to clients and handle all domain name resource records.
Make Profit From Offering Domain Names
Many Registrars have reseller programs that enable individuals to make revenue from offering domain names to end users. If you subscribe to such a program, you can set up your very own personal online business. Commonly, a domain will be more inexpensive if it is registered through a reseller rather than if it is bought directly from the Registrar by an end user. The cause is that resellers can reach more people in local districts or countries where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both parties will capitalize on that. Your profit will be the difference between the price that the client pays and the one that the Registrar levies for the domain registration.
Trade Domains On Behalf Of Your Very Own Brand Name
When you sign up for a domain reseller program, you will get a web page hosting Control Panel where you can settle the prices for the different Top-Level Domains that the Registrar offers. Most companies also provide invoice management software and web page templates for your online store, and the automation of the entire process together with the flourishing demand for domains render the domain reseller business so desirable. You will either acquire a pre-developed web site and avail of the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your own personal website and order form. Usually, you have the option to choose between the two alternatives, so it all revolves around how expert you are in these issues. As a domain reseller, you will sell on behalf of your personal brand name and not under the Registrar's brand.
Make Revenue From Promoting Website Hosting Plans As Well
A reasonable supplement to your domain reseller business would be to sell web hosting accounts as well. Thereby, you can give a package deal to persons who would like to manage their web site and demand both a domain name and a webspace hosting account. A few firms have such options. With 'ResellersPanel', for example, you can buy a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and free invoice management software to bill your customers. You can then offer domains and shared web hosting packages to customers, and since they provide plenty of diverse domain name extensions, you will be able to offer domain and hosting services to people from all over the world.