Domain name reseller
The Internet is an ever-expanding system that offers new opportunities to make money on the Web. One of these opportunities is to become a domain name reseller and sell domains to end users, generating revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered every day, and there are 1 000 000's of presently active domain names, so this is a thriving business niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain name is made of 2 pieces - 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 name and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The gTLDs include the most widely used domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names comprise 2-character abbreviations that denote each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a country-code Top-Level Domain, has a Registry - an organization that handles the registrations and sets the prerequisites that each specific Top-Level Domain may contain, like the length of the registration term or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the corporations that in fact offer the domain name to customers and administer all domain resource records.
Gain Profit From Offering Domains
Multiple Registrars have reseller programs that allow people to earn revenue from selling domain names to end customers. If you register with such a program, you can launch your very own personal online business. Normally, a domain name will be more inexpensive if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end user. The reason is that resellers can contact more individuals in areas or countries where the Registrar may not be popular at all. This implies more sales for the Registrar, so both parties will make a profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain name registration.
Offer Domains On Behalf Of Your Own Brand
When you sign up for a domain reseller program, you will obtain a web space hosting CP where you can choose the prices for the individual top-level domain names that the Registrar offers. Most companies also offer billing management software and web themes for your online shop, and the automation of the whole procedure coupled with the enormous demand for domain names make the domain name reseller industry so alluring. You will either have a pre-developed website and avail of the Registrar platform to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your own personal site and order form. Commonly, you have the opportunity to choose between the two options, so it all depends on how experienced you are in these issues. As a domain name reseller, you will work under your own personal brand and not on behalf of the Registrar's.
Earn Profit From Promoting Website Hosting Accounts As Well
A suitable addition to your domain reseller business would be to sell web hosting services too. Thus, you can offer a package deal to individuals who would like to launch their online portal and demand both a domain and a web page hosting account. A few firms supply such options. With 'ResellersPanel', for example, you can have a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and free-of-charge invoice software to charge your clients. You can then offer domain names and shared web hosting accounts to customers, and since they provide lots of diverse domain extensions, you will be able to provide domain and hosting services to people from all around the globe.