Domain name reseller
The Internet is an ever-enlarging system that furnishes new ways to make cash on the Web. One of these possibilities is to become a domain name reseller and offer domains to end users, earning revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered each day, and there are 1 000 000's of currently functioning domain names, so this is a flourishing business niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain name includes two constituents - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most common domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names involve two-character abbreviations that denote each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic Top-Level Domain or a country-code one, has a Registry - an institution that manages the registrations and determines the preconditions that each given TLD may involve, such as the length of the registration period or the citizenship of the registrant. A number of Registrar corporations work under the Registry. These are the firms that actually sell the domain name to clients and manage all domain records.
Earn Revenue From Trading Domains
Multiple Registrars have reseller programs that enable people to make profit from selling domain names to end users. If you sign up for such a program, you can begin your own web business. As a rule, a domain name will be more inexpensive if it is registered through a reseller rather than if it is bought straight from the Registrar by an end client. The cause is that resellers can contact more persons in regional communities or states where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both sides will benefit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar imposes for the domain name registration.
Trade Top-Level Domains Under Your Personal Trademark Name
When you register with a domain name reseller program, you will get a website hosting Control Panel where you can choose the prices for the individual top-level domain names that the Registrar provides. Most companies also offer invoice transaction software and web page skins for your virtual storefront, and the automation of the entire process coupled with the enlarging demand for domain names make the domain reseller market niche so tempting. You will either acquire a pre-made web site and avail of the Registrar platform to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can create your very own personal website and form for placing orders. Commonly, you have the option to choose between the 2 possibilities, so it all revolves around how skilled you are in these affairs. As a domain reseller, you will operate under your very own personal trademark name and not on behalf of the Registrar's brand.
Make Profit From Offering Hosting Solutions Too
A suitable addition to your domain name reseller business would be to sell web hosting accounts too. Thus, you can offer a package deal to customers who want to establish their website and need both a domain and a web hosting plan. Certain firms offer such options. With 'ResellersPanel', for example, you can have a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge invoice software to bill your clients. You can then sell domain names and shared web hosting plans to customers, and since they provide plenty of diverse domain extensions, you will be able to offer domain and hosting services to people from all over the globe.