Domain name reseller
The Internet is an ever-increasing system that generates new opportunities to gain cash online. One of these possibilities is to become a domain reseller and offer domain names to end users, gaining profit from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered each day, and there are millions of presently functioning domain names, so this is a flourishing business niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain name consists of two constituents - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic top-level domain names include the most widely used domain name extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs are composed of 2-character abbreviations that correspond to each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code Top-Level Domain, has a Registry - an institution that handles the registrations and determines the requirements that each concrete TLD may entail, like the length of the registration term or the citizenship of the registrant. A number of Registrar firms work under the Registry. These are the companies that in fact sell the domain name to clients and manage all domain name records.
Gain Money From Offering Domain Names
Plenty of Registrars have reseller programs that allow people to gain money from selling domain names to end customers. If you sign up for such a program, you can set up your own personal Internet business. Generally, a domain will be cheaper if it is registered via a reseller rather than if it is bought directly from the Registrar by an end user. The reason is that resellers can reach more users in local communities or countries where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both parties will make a profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar charges for the domain name registration.
Sell Domains On Behalf Of Your Own Brand Name
When you sign up for a domain name reseller program, you will have a website hosting CP where you can select the prices for the different Top-Level Domains that the Registrar provides. Most companies also offer invoicing software and web design templates for your online shop, and the automation of the whole procedure together with the large demand for domains make the domain reseller industry so seductive. You will either obtain a pre-developed web site and utilize the Registrar platform to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can set up your very own portal and form for placing orders. Generally, you have the option to pick between the two possibilities, so it all revolves around how practiced you are in these affairs. As a domain reseller, you will do business on behalf of your very own personal trademark name and not on behalf of the Registrar's.
Earn Profit From Offering Web Site Hosting Packages As Well
A sensible addition to your domain name reseller business would be to sell web hosting packages as well. In this way, you can give a package deal to users who would like to develop their site and require both a domain and a web space hosting package. Particular firms furnish such options. With 'ResellersPanel', for example, you can purchase a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and free-of-charge billing transaction software to charge your customers. You can then sell top-level domain names and shared web hosting packages to customers, and since they offer a lot of diverse domain extensions, you will be able to provide domain name and hosting services to users from all over the globe.