Domain name reseller
The World Wide Web is an ever-flourishing platform that offers new ways to earn money on the Web. One of these ways is to become a domain reseller and sell domains to end users, generating profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domains are registered every day, and there are 1 000 000's of presently functioning domains, so this is a developing marketing niche that you can be engaged in.
TLDs and SLDs
A domain includes 2 parts - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic top-level domain names comprise the best known domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names contain 2-letter abbreviations that represent each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code TLD, has a Registry - an organization that deals with the registrations and sets the requirements that each concrete TLD may have, 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 firms that actually sell the domain name to customers and administer all domain records.
Earn Revenue From Offering Domains
Many Registrars have reseller programs that allow people to make revenue from selling domains to end users. If you register with such a program, you can initiate your own online business. Generally, a domain will cost less if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end customer. The cause is that resellers can contact more customers in local regions or countries where the Registrar may not be popular whatsoever. 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 levies for the domain registration.
Resell Domains Under Your Own Personal Trademark Name
When you sign up for a domain name reseller program, you will receive a web hosting Control Panel where you can select the prices for the various TLDs that the Registrar offers. Most firms also offer invoice transaction software and web site skins for your web shop, and the automation of the entire procedure together with the considerable demand for domain names render the domain name reseller market so tempting. You will either get a pre-developed website and make use of the Registrar system to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can set up your very own personal website and form for placing orders. Generally, you have the opportunity to choose between the 2 possibilities, so it all depends on how skilled you are in these matters. As a domain reseller, you will sell under your own personal brand and not under the Registrar's brand.
Gain Profit From Reselling Website Hosting Services As Well
A nice addition to your domain name reseller business would be to sell web hosting plans too. In this way, you can offer a package deal to users who would like to create their web page and need both a domain and a web site hosting plan. A few companies provide such options. With 'ResellersPanel', for instance, you can order a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost invoice management software to charge your customers. You can then offer TLDs and shared web hosting plans to customers, and since they offer lots of diverse domain name extensions, you will be able to provide domain name and hosting services to individuals from all over the globe.