Domain name reseller
The World Wide Web is an ever-enlarging platform that offers new opportunities to earn money on the Internet. One of these opportunities is to be a domain reseller and offer domain names to end customers, gaining revenue 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 millions of presently active domain names, so this is a flowering business niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain name involves two parts - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic Top-Level Domains comprise the most common domain name extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs comprise two-letter abbreviations that signify each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a country-code TLD, has a Registry - an institution that is responsible for the registrations and determines the requirements that each given top-level domain name may include, including the length of the registration period or the residency of the registrant. Certain Registrar corporations work under the Registry. These are the companies that actually sell the domain name to customers and handle all domain name resource records.
Gain Revenue From Selling Domain Names
A lot of Registrars have reseller programs that allow people to gain cash from offering domain names to end customers. If you register with such a program, you can establish your very own e-business. Usually, a domain will cost less if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end user. The explanation is that resellers can reach more individuals in local districts or countries where the Registrar may not be known whatsoever. 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 user pays and the one that the Registrar requires for the domain registration.
Resell Top-Level Domains Under Your Personal Brand Name
When you subscribe to a domain reseller program, you will acquire a web hosting Control Panel where you can settle the prices for the individual top-level domain names that the Registrar offers. Most corporations also offer invoice management software and website layouts for your online shop, and the automation of the entire process coupled with the large demand for domains make the domain name reseller market niche so seductive. You will either acquire a turn-key site and utilize the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can build your own web portal and form for placing orders. Usually, you have the opportunity to select between the two possibilities, so it all depends on how skillful you are in these issues. As a domain reseller, you will operate under your personal brand and not under the Registrar's brand.
Gain Revenue From Selling Web Site Hosting Packages As Well
A reasonable addition to your domain name reseller business would be to sell web hosting packages too. In this way, you can give a package deal to users who wish to run their web site and need both a domain and a web page hosting plan. Given companies offer such options. With 'ResellersPanel', for instance, you can buy a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and charge-free invoicing transaction software to charge your clients. You can then sell domains and shared website hosting plans to clients, and since they offer lots of different domain extensions, you will be able to offer domain and hosting services to people from all around the world.