Domain name reseller
The World Wide Web is an ever-enlarging community that provides new opportunities to make cash on the Internet. One of them is to become a domain name reseller and offer domains to end users, earning revenue 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 currently functioning domains, so this is a flourishing marketing niche that you can be a part of.
TLDs and SLDs
A domain name contains two entities - a Top-Level Domain (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 second-level domain name.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic TLDs comprise the most widely used domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names include 2-letter abbreviations that signify each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code Top-Level Domain, has a Registry - an institution that deals with the registrations and determines the requirements that each particular Top-Level Domain may include, like the duration of the registration term or the residency of the registrant. Certain Registrar firms work under the Registry. These are the companies that actually sell the domain name to clients and administer all DNS resource records.
Earn Money From Reselling Domains
Numerous Registrars have reseller programs that permit individuals to gain cash from selling domains to end clients. If you register with such a program, you can kick off your very own e-business. Commonly, a domain name will be more inexpensive if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end client. The reason is that resellers can contact more customers in regional communities or states where the Registrar may not be popular at all. This implies more sales for the Registrar, so both sides will benefit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar levies for the domain registration.
Trade TLDs Under Your Personal Trademark Name
When you register with a domain name reseller program, you will get a Control Panel where you can determine the prices for the separate TLDs that the Registrar offers. Most firms also provide invoice software and site layouts for your online storefront, and the automation of the entire procedure together with the proliferating demand for domain names render the domain name reseller industry so tempting. You will either get a ready-made web site and make use of the Registrar platform to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can create your own website and form for placing orders. Normally, you have the option to decide between the 2 possibilities, so it all depends on how skilled you are in these affairs. As a domain name reseller, you will operate on behalf of your own personal brand name and not on behalf of the Registrar's.
Gain Cash From Offering Web Page Hosting Accounts Too
A nice addition to your domain name reseller business would be to sell web hosting packages as well. Thereby, you can offer a package deal to users who wish to manage their site and need both a domain and a web hosting package. A few companies provide 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 billing transaction software to bill your clients. You can then offer Top-Level Domains and shared website hosting plans to clients, and since they provide lots of diverse domain extensions, you will be able to provide domain and hosting services to individuals from all around the world.