Domain name reseller
The Internet is an ever-flourishing network that provides new opportunities to gain money on the Web. One of these possibilities is to be a domain name reseller and offer domains to end clients, generating profit from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered each and every day, and there are 1 000 000's of presently active domains, so this is an increasing marketing niche that you can become engaged in.
TLDs and SLDs
A domain name is composed of two constituents - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic Top-Level Domains comprise the best known domain extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names include 2-letter abbreviations that signify each country. Instances of country-code Top-Level Domains 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 requirements that each concrete Top-Level Domain may have, among them the length of the registration term or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the firms that actually sell the domain name to clients and handle all DNS records.
Earn Money From Offering Domains
Lots of Registrars have reseller programs that allow people to earn profit from selling domains to end clients. If you subscribe to such a program, you can launch your own personal web business. Normally, a domain will be more inexpensive if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end client. The cause is that resellers can reach more clients in provinces or countries where the Registrar may not be known at all. 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 customer pays and the one that the Registrar charges for the domain name registration.
Sell TLDs On Behalf Of Your Own Brand
When you subscribe to a domain reseller program, you will get a CP where you can set the prices for the separate Top-Level Domains that the Registrar offers. Most firms also offer billing transaction software and layouts for your web storefront, and the automation of the entire process combined with the considerable demand for domains make the domain name reseller industry so attractive. You will either obtain a turn-key web site and make use of the Registrar platform to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your own personal website and form for placing orders. Typically, you have the opportunity to pick between the two options, so it all depends on how skilled you are in these things. As a domain name reseller, you will sell on behalf of your very own personal brand name and not under the Registrar's.
Earn Revenue From Promoting Web Hosting Packages Too
A perfect addition to your domain name reseller business would be to sell web hosting accounts as well. Thus, you can offer a package deal to users who desire to establish their web site and require both a domain and a webspace hosting plan. A few firms provide 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 invoice management software to charge your customers. You can then sell TLDs and shared website hosting accounts to customers, and since they offer plenty of diverse domain name extensions, you will be able to offer domain name and hosting services to users from all over the world.