Domain name reseller
The Internet is an ever-increasing network that furnishes new ways to gain cash on the Web. One of these possibilities is to become a domain name reseller and offer domain names to end customers, making revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered each day, and there are 1 000 000's of currently active domains, so this is a blooming marketing niche that you can become engaged in.
TLDs and SLDs
A domain name is made of 2 constituents - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".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 Domains comprise the most common domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs are composed of 2-character abbreviations that symbolize each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code TLD, has a Registry - an institution that is responsible for the registrations and determines the preconditions that each specific top-level domain name may have, like the length of the registration period or the residency of the registrant. A number of Registrar companies operate under the Registry. These are the companies that in fact sell the domain name to clients and manage all domain records.
Make Cash From Selling Domain Names
Numerous Registrars have reseller programs that permit people to make revenue from offering domains to end customers. If you register with such a program, you can build your very own web business. Usually, a domain name will be more inexpensive if it is registered via a reseller rather than if it is bought directly from the Registrar by an end client. The reason is that resellers can reach more customers in local districts or countries where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both sides will benefit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar requires for the domain registration.
Trade Domain Names Under Your Personal Trademark Name
When you subscribe to a domain reseller program, you will obtain a hosting Control Panel where you can settle the prices for the separate TLDs that the Registrar provides. Most firms also provide invoice software and design skins for your web store, and the automation of the whole process combined with the high demand for domain names make the domain reseller business so alluring. You will either get a ready-made website and avail of the Registrar system to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can set up your very own personal website and form for placing orders. Typically, you have the opportunity to choose between the 2 possibilities, so it all depends on how practiced you are in these affairs. As a domain reseller, you will sell on behalf of your very own brand and not under the Registrar's.
Earn Profit From Reselling Web Hosting Services As Well
A reasonable addition to your domain reseller business would be to sell web hosting packages too. Thus, you can give a package deal to customers who want to manage their online portal and need both a domain and a hosting account. Given 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 reseller account and free-of-charge billing transaction software to charge your clients. You can then offer top-level domain names and shared web hosting packages to customers, and since they provide plenty of diverse domain extensions, you will be able to provide domain and hosting services to individuals from all over the world.