Domain name reseller
The Internet is an ever-developing system that furnishes new ways to earn cash on the Internet. One of these ways is to become a domain name reseller and sell domain names to end users, gaining revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered every day, and there are 1 000 000's of currently active domains, so this is an enlarging business niche that you can become engaged in.
TLDs and SLDs
A domain name is composed of two parts - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic Top-Level Domains include the most popular domain extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs are composed of 2-character 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 or a country-code Top-Level Domain, has a Registry - an organization that administers the registrations and sets the prerequisites that each concrete top-level domain name may contain, like the length of the registration period or the citizenship of the registrant. A number of Registrar firms work under the Registry. These are the corporations that in fact sell the domain name to customers and handle all domain name records.
Gain Revenue From Reselling Domain Names
Many Registrars have reseller programs that permit people to earn profit from selling domains to end clients. If you subscribe to such a program, you can begin your very own e-business. Generally, a domain 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 cause is that resellers can reach more users in local regions or countries where the Registrar may not be famous at all. This means 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 imposes for the domain registration.
Resell Domain Names On Behalf Of Your Very Own Brand Name
When you sign up for a domain reseller program, you will receive a web page hosting CP where you can choose the prices for the different TLDs that the Registrar offers. Most firms also offer invoice transaction software and web skins for your virtual store, and the automation of the entire process coupled with the expanding demand for domains make the domain name reseller market so attractive. You will either get a ready-for-use web site and use the Registrar platform to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can create your very own portal and order form. Traditionally, you have the opportunity to pick between the 2 possibilities, so it all depends on how advanced you are in these matters. As a domain reseller, you will sell under your very own personal trademark name and not on behalf of the Registrar's brand.
Gain Profit From Offering Site Hosting Solutions As Well
A relevant addition to your domain reseller business would be to sell web hosting packages as well. In this way, you can offer a package deal to users who want to have their online portal and require both a domain and a web site hosting account. Given companies provide such options. With 'ResellersPanel', for example, you can purchase a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and charge-free invoice management software to charge your customers. You can then offer TLDs and shared web hosting packages to customers, and since they provide lots of diverse domain extensions, you will be able to provide domain name and hosting services to individuals from all over the globe.