Domain name reseller
The Internet is an ever-enlarging community that supplies new options to gain cash on the Web. One of them is to become a domain name reseller and offer domain names to end users, generating revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered every day, and there are 1 000 000's of presently active domains, so this is an expanding trading niche that you can be engaged in.
TLDs and SLDs
A domain name includes two constituents - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic top-level domain names include the most widely used domain extensions like .com, .net, .org, .mobi, .info, while the ccTLDs contain two-letter abbreviations that symbolize each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a ccTLD, has a Registry - an institution that manages the registrations and sets the preconditions that each given Top-Level Domain may entail, including the duration of the registration term or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the companies that in fact offer the domain name to customers and manage all domain records.
Make Revenue From Reselling Domains
A lot of Registrars have reseller programs that permit people to make profit from offering domains to end users. If you sign up for such a program, you can start your own online business. Commonly, a domain will be cheaper if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end customer. The reason is that resellers can reach more individuals in local districts or countries where the Registrar may not be famous at all. This means more sales for the Registrar, so both parties will earn a profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar requires for the domain registration.
Resell Top-Level Domains On Behalf Of Your Own Personal Brand
When you sign up for a domain name reseller program, you will have a website hosting CP where you can fix the prices for the various top-level domain names that the Registrar provides. Most firms also provide invoice software and website skins for your web shop, and the automation of the entire process together with the strong demand for domain names render the domain reseller market niche so desirable. You will either get a turn-key web site and use the Registrar platform to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can create your own personal site and order form. Usually, you have the option to choose between the 2 options, so it all depends on how advanced you are in these things. As a domain name reseller, you will do business on behalf of your own personal brand name and not on behalf of the Registrar's.
Make Profit From Reselling Web Page Hosting Plans Too
An appropriate addition to your domain name reseller business would be to sell web hosting packages too. In this way, you can offer a package deal to people who want to have their web site and require both a domain and a web space hosting package. A few corporations provide such options. With 'ResellersPanel', for example, you can run a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and cost-free billing management software to charge your clients. You can then offer domain names and shared hosting plans to clients, and since they offer lots of diverse domain extensions, you will be able to offer domain name and hosting services to users from all around the globe.