Domain name reseller
The Internet is an ever-increasing community that furnishes new ways to gain money online. One of these possibilities is to be a domain name reseller and sell domain names to end users, making profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered each and every day, and there are millions of presently active domain names, so this is a thriving business niche that you can become a part of.
TLDs and SLDs
A domain includes two entities - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic TLDs include the most popular domain name extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains include 2-letter abbreviations that signify each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a ccTLD, has a Registry - an organization that administers the registrations and sets the prerequisites that each particular Top-Level Domain may involve, among them the length of the registration period or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the companies that in fact sell the domain name to customers and administer all domain resource records.
Gain Cash From Reselling Domain Names
A lot of Registrars have reseller programs that permit people to make cash from offering domains to end users. If you subscribe to such a program, you can kick off your own Internet business. Normally, a domain will be cheaper if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end client. The reason is that resellers can reach more users in areas or countries where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides will take advantage of that. Your revenue will be the difference between the price that the user pays and the one that the Registrar levies for the domain name registration.
Sell TLDs On Behalf Of Your Own Personal Trademark Name
When you register with a domain name reseller program, you will obtain a webspace hosting CP where you can choose the prices for the different top-level domain names that the Registrar provides. Most companies also offer billing management software and layouts for your online store, and the automation of the entire process coupled with the large demand for domains render the domain reseller business niche so seductive. You will either acquire a ready-for-use site and utilize the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can build your own personal web portal and order form. Normally, you have the option to choose between the 2 alternatives, so it all revolves around how accomplished you are in these issues. As a domain reseller, you will do business under your very own personal brand name and not under the Registrar's.
Gain Profit From Supplying Site Hosting Accounts Too
A good supplement to your domain reseller business would be to sell web hosting packages as well. In this way, you can give a package deal to people who would like to create their web site and demand both a domain and a webspace hosting package. A few corporations have such options. With 'ResellersPanel', for instance, you can buy a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and free invoice software to bill your clients. You can then offer domains and shared hosting accounts to clients, and since they provide many different domain name extensions, you will be able to provide domain and hosting services to customers from all around the globe.