Domain name reseller
The World Wide Web is an ever-growing network that generates new possibilities to gain cash on the Web. One of them is to be a domain name reseller and offer domain names to end users, gaining profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered every day, and there are 1 000 000's of presently functioning domain names, so this is a flowering marketing niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain includes 2 constituents - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic TLDs include the most widely used domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains are composed of two-letter abbreviations that correspond to each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code TLD, has a Registry - an organization that manages the registrations and sets the prerequisites that each specific Top-Level Domain may impose, among them the length of the registration period or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the companies that actually offer the domain name to clients and administer all DNS records.
Earn Revenue From Offering Domains
Multiple Registrars have reseller programs that permit individuals to earn profit from selling domain names to end users. If you subscribe to such a program, you can set up your very own personal online business. As a rule, a domain will be cheaper if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end user. The cause is that resellers can reach more people in local communities or states where the Registrar may not be known at all. This implies more sales for the Registrar, so both sides will cash in on that. Your revenue will be the difference between the price that the client pays and the one that the Registrar charges for the domain name registration.
Trade TLDs On Behalf Of Your Very Own Trademark Name
When you sign up for a domain name reseller program, you will obtain a Control Panel where you can fix the prices for the separate Top-Level Domains that the Registrar offers. Most firms also offer invoicing transaction software and web templates for your online shop, and the automation of the entire procedure together with the flourishing demand for domain names make the domain name reseller business so desirable. You will either have a pre-made web site 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 set up your very own web page and order form. Normally, you have the option to choose between the 2 possibilities, so it all depends on how experienced you are in these issues. As a domain name reseller, you will operate on behalf of your very own brand and not on behalf of the Registrar's.
Earn Money From Trading Web Site Hosting Plans Too
A sensible addition to your domain reseller business would be to sell web hosting services as well. Thereby, you can offer a package deal to persons who want to build their website and need both a domain name and a site hosting package. A few firms furnish such options. With 'ResellersPanel', for example, you can run a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge invoice management software to bill your clients. You can then sell domains and shared web hosting plans to customers, and since they provide plenty of different domain extensions, you will be able to provide domain and hosting services to clients from all over the globe.