Domain name reseller
The World Wide Web is an ever-growing community that offers new options to make cash on the Web. One of these opportunities is to be a domain reseller and offer domains to end users, gaining revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered each day, and there are 1 000 000's of presently functioning domain names, so this is a blossoming marketing niche that you can be involved in.
TLDs and SLDs
A domain consists of two entities - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The gTLDs comprise the best known domain name extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains include two-letter abbreviations that signify each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a ccTLD, has a Registry - an organization that is responsible for the registrations and determines the preconditions that each particular TLD may have, including the length of the registration term or the residency of the registrant. A number of Registrar firms work under the Registry. These are the corporations that in fact offer the domain name to customers and manage all DNS records.
Gain Revenue From Selling Domains
Many Registrars have reseller programs that enable individuals to gain money from offering domains to end users. If you register with such a program, you can establish your own personal web business. Typically, a domain name will cost less if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end customer. The reason is that resellers can reach more people in areas or countries where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both parties will cash in on that. Your revenue will be the difference between the price that the client pays and the one that the Registrar imposes for the domain registration.
Sell Domain Names On Behalf Of Your Personal Brand Name
When you subscribe to a domain reseller program, you will obtain a web page hosting CP where you can fix the prices for the specific Top-Level Domains that the Registrar offers. Most corporations also provide invoice management software and web design themes for your web storefront, and the automation of the whole process coupled with the increasing demand for domains make the domain name reseller business niche so desirable. You will either acquire a pre-developed site and make use of the Registrar platform to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can set up your very own portal and order form. Generally, you have the opportunity to select between the two options, so it all depends on how advanced you are in these things. As a domain name reseller, you will do business on behalf of your very own trademark name and not under the Registrar's.
Gain Money From Reselling Webspace Hosting Accounts Too
A perfect supplement to your domain reseller business would be to sell web hosting plans too. Thus, you can offer a package deal to people who desire to set up their web page and require both a domain and a hosting account. Some firms offer such options. With 'ResellersPanel', for example, you can run a VPS or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge invoicing software to charge your clients. You can then offer top-level domain names and shared website hosting plans to clients, and since they offer lots of diverse domain name extensions, you will be able to provide domain and hosting services to clients from all around the globe.