Domain name reseller
The Internet is an ever-enlarging system that supplies new ways to earn cash on the Internet. One of them is to become a domain reseller and offer domains to end clients, earning profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered each day, and there are millions of currently functioning domains, so this is a thriving marketing niche that you can become engaged in.
TLDs and SLDs
A domain contains 2 parts - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The gTLDs include the most common domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains include 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 gTLD or a country-code one, has a Registry - an organization that tackles the registrations and determines the preconditions that each specific top-level domain name may contain, like the duration of the registration term or the residency of the registrant. A number of Registrar firms work under the Registry. These are the firms that actually offer the domain name to customers and manage all DNS records.
Make Profit From Reselling Domain Names
Lots of Registrars have reseller programs that enable individuals to make profit from selling domains to end users. If you register with such a program, you can begin your own personal Internet business. Regularly, a domain will be cheaper if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end customer. The explanation is that resellers can contact more persons in regional communities or countries where the Registrar may not be famous 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 client pays and the one that the Registrar requires for the domain registration.
Offer TLDs On Behalf Of Your Own Personal Trademark Name
When you register with a domain name reseller program, you will acquire a website hosting CP where you can determine the prices for the various Top-Level Domains that the Registrar provides. Most corporations also provide invoice management software and site skins for your online shop, and the automation of the entire process combined with the huge demand for domain names render the domain reseller business niche so seductive. You will either obtain a turn-key site and utilize the Registrar system to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can create your own personal web site and form for placing orders. Commonly, you have the option to choose between the 2 alternatives, so it all depends on how skilled you are in these affairs. As a domain name reseller, you will do business on behalf of your very own trademark name and not on behalf of the Registrar's brand.
Earn Profit From Providing Web Hosting Solutions As Well
A logical supplement to your domain reseller business would be to sell web hosting services as well. In this way, you can give a package deal to people who wish to manage their web page and require both a domain name and a web hosting plan. A few companies have such options. With 'ResellersPanel', for instance, you can run a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and free billing transaction software to charge your customers. You can then offer TLDs and shared hosting packages to customers, and since they provide lots of diverse domain name extensions, you will be able to provide domain and hosting services to clients from all over the world.