Domain name reseller
The World Wide Web is an ever-growing network that furnishes new opportunities to make money on the Web. One of these ways is to become a domain name reseller and sell domains to end clients, making revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered every day, and there are 1 000 000's of presently active domains, so this is an increasing marketing niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain name contains 2 entities - 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 name.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic TLDs include the most famous domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains consist of 2-character abbreviations that denote each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a country-code TLD, has a Registry - an organization that manages the registrations and sets the preconditions that each given TLD may have, like the duration of the registration period or the residency of the registrant. Certain Registrar firms work under the Registry. These are the firms that actually offer the domain name to customers and handle all domain name resource records.
Earn Profit From Trading Domain Names
Plenty of Registrars have reseller programs that allow individuals to make profit from selling domains to end customers. If you subscribe to such a program, you can kick off your own e-business. Typically, a domain name will cost less if it is registered via a reseller rather than if it is bought directly from the Registrar by an end customer. The explanation is that resellers can contact more individuals in regional communities or countries where the Registrar may not be popular at all. This implies more sales for the Registrar, so both parties will take advantage of that. Your revenue will be the difference between the price that the user pays and the one that the Registrar levies for the domain registration.
Sell TLDs Under Your Very Own Brand Name
When you sign up for a domain reseller program, you will acquire a CP where you can select the prices for the various Top-Level Domains that the Registrar provides. Most firms also offer billing software and website templates for your virtual store, and the automation of the whole process combined with the enlarging demand for domain names make the domain name reseller business niche so alluring. You will either receive a ready-for-use website and avail of the Registrar platform to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can build your very own personal web site and order form. Commonly, you have the opportunity to choose between the two options, so it all depends on how accomplished you are in these things. As a domain reseller, you will do business on behalf of your own trademark name and not on behalf of the Registrar's brand.
Gain Profit From Trading Web Hosting Solutions Too
An appropriate addition to your domain reseller business would be to sell web hosting accounts as well. Thus, you can offer a package deal to individuals who desire to build their site and demand both a domain and a web hosting plan. Given companies have such options. With 'ResellersPanel', for example, you can run a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and free-of-cost invoice management software to charge your customers. You can then offer domains and shared website hosting accounts to clients, and since they provide plenty of diverse domain name extensions, you will be able to provide domain and hosting services to individuals from all around the world.