Domain name reseller
The World Wide Web is an ever-developing network that delivers new ways to make money on the Web. One of these possibilities is to be a domain reseller and sell domain names to end users, earning revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered every day, and there are millions of currently active domains, so this is a growing marketing niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain is made of 2 components - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
gTLDs and ccTLDs
The TLDs can be generic or country code. The gTLDs include the most conventional domain name extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs are made of 2-letter abbreviations that signify each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a country-code Top-Level Domain, has a Registry - an institution that tackles the registrations and determines the requirements that each particular Top-Level Domain may impose, like the duration of the registration term or the residency of the registrant. Certain Registrar corporations work under the Registry. These are the firms that actually sell the domain name to customers and manage all DNS records.
Make Revenue From Offering Domain Names
Plenty of Registrars have reseller programs that allow people to gain revenue from offering domains to end users. If you subscribe to such a program, you can build your own e-business. Typically, a domain name will be cheaper if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end customer. The reason is that resellers can reach more individuals in regional communities or states where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both sides will capitalize on that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar levies for the domain registration.
Sell Domains Under Your Very Own Brand Name
When you subscribe to a domain reseller program, you will obtain a web site hosting Control Panel where you can fix the prices for the different TLDs that the Registrar provides. Most companies also offer invoicing software and templates for your web store, and the automation of the whole procedure coupled with the swelling demand for domain names render the domain reseller market so alluring. You will either obtain a pre-developed website and utilize the Registrar platform to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your own personal online portal and order form. Normally, you have the option to select between the two options, so it all depends on how trained you are in these issues. As a domain reseller, you will do business under your own personal trademark name and not under the Registrar's.
Gain Cash From Reselling Webspace Hosting Plans As Well
A nice addition to your domain reseller business would be to sell web hosting packages too. In this way, you can give a package deal to persons who desire to run their site and need both a domain and a hosting package. Given firms provide such options. With 'ResellersPanel', for instance, you can purchase a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and cost-free invoice management software to charge your customers. You can then offer TLDs and shared web hosting packages to clients, and since they provide a lot of different domain extensions, you will be able to provide domain and hosting services to persons from all over the globe.