Domain name reseller
The Internet is an ever-enlarging system that provides new options to make money on the Web. One of these opportunities is to become a domain reseller and offer domain names to end customers, gaining profit from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered every day, and there are millions of currently active domain names, so this is an enlarging business niche that you can become involved in.
Top-Level and Second-Level Domains
A domain name consists of two entities - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic top-level domain names include the most common domain extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs include 2-character abbreviations that signify 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 top-level domain name or a ccTLD, has a Registry - an institution that handles the registrations and determines the prerequisites that each particular top-level domain name may include, among them the length of the registration term or the residency of the registrant. Certain Registrar firms work under the Registry. These are the companies that in fact sell the domain name to customers and administer all domain name resource records.
Make Revenue From Reselling Domain Names
Numerous Registrars have reseller programs that allow people to earn profit from offering domain names to end clients. If you sign up for such a program, you can kickstart your own personal online business. Commonly, a domain name will be cheaper if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end user. The cause is that resellers can reach more persons in local regions or states where the Registrar may not be known at all. This means more sales for the Registrar, so both sides will earn a profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar levies for the domain name registration.
Offer Top-Level Domains On Behalf Of Your Personal Trademark Name
When you register with a domain reseller program, you will obtain a webspace hosting CP where you can settle the prices for the various TLDs that the Registrar offers. Most companies also provide invoice transaction software and web skins for your online storefront, and the automation of the entire process coupled with the enormous demand for domain names make the domain name reseller industry so seductive. You will either obtain a turn-key site and avail of the Registrar system to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can set up your own web site and order form. Commonly, you have the opportunity to pick between the two alternatives, so it all revolves around how accomplished you are in these things. As a domain reseller, you will sell under your own personal trademark name and not under the Registrar's brand.
Make Revenue From Trading Web Hosting Solutions Too
A reasonable addition to your domain name reseller business would be to sell web hosting services as well. Thereby, you can offer a package deal to clients who desire to set up their website and need both a domain name and a web space hosting package. Certain companies supply such options. With 'ResellersPanel', for instance, you can have a VPS or a dedicated server, and they will also give you a domain name reseller account and free invoice transaction software to charge your clients. You can then offer domains and shared web hosting accounts to customers, and since they provide many different domain extensions, you will be able to provide domain and hosting services to customers from all around the globe.