Domain name reseller
The Internet is an ever-enlarging community that delivers new opportunities to gain cash online. One of these ways is to become a domain name reseller and sell domains to end clients, generating revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered every day, and there are 1 000 000's of currently functioning domain names, so this is a growing business niche that you can become a part of.
TLDs and SLDs
A domain name contains 2 components - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic top-level domain names comprise the most widely used domain extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs consist of two-character abbreviations that stand for 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 generic Top-Level Domain or a country-code one, has a Registry - an organization that manages the registrations and sets the requirements that each given TLD may impose, such as the length of the registration term or the residency of the registrant. Certain Registrar firms operate under the Registry. These are the firms that in fact sell the domain name to customers and manage all domain name resource records.
Earn Profit From Selling Domain Names
Numerous Registrars have reseller programs that permit individuals to earn profit from selling domains to end users. If you sign up for such a program, you can start your very own personal e-business. Typically, a domain will cost less if it is registered via a reseller rather than if it is bought straight from the Registrar by an end customer. The cause is that resellers can reach more customers in provinces or countries where the Registrar may not be known at all. This implies more sales for the Registrar, so both parties will benefit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar imposes for the domain name registration.
Sell Domain Names Under Your Very Own Trademark Name
When you sign up for a domain reseller program, you will receive a hosting CP where you can settle the prices for the individual top-level domain names that the Registrar offers. Most companies also offer invoicing transaction software and web site layouts for your online store, and the automation of the whole process together with the big demand for domain names make the domain reseller business so desirable. You will either have a ready-for-use website and utilize the Registrar system 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 form for placing orders. Generally, you have the opportunity to select between the 2 possibilities, so it all depends on how accomplished you are in these things. As a domain name reseller, you will work under your very own brand name and not under the Registrar's brand.
Gain Money From Supplying Web Hosting Accounts Too
An excellent supplement to your domain name reseller business would be to sell web hosting plans as well. Thus, you can give a package deal to clients who desire to have their online portal and require both a domain and a web hosting package. A number of firms offer such options. With 'ResellersPanel', for instance, you can have a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and free-of-charge invoice transaction software to charge your clients. You can then offer top-level domain names and shared website hosting plans to clients, and since they offer a lot of diverse domain name extensions, you will be able to provide domain name and hosting services to clients from all over the world.