Domain reseller
The Internet is an ever-developing community that delivers new opportunities to gain money online. One of these options is to become a domain name reseller and sell domains to end users, earning profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered each and every day, and there are millions of presently active domains, so this is an expanding marketing niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain name is made of two constituents - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains include the most widely used domain extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains include 2-character abbreviations that correspond to each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a country-code top-level domain name, has a Registry - an organization that administers the registrations and sets the requirements that each concrete TLD may impose, like the duration of the registration term or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the corporations that actually sell the domain name to customers and handle all domain records.
Gain Revenue From Selling Domains
Multiple Registrars have reseller programs that permit individuals to make revenue from selling domains to end customers. If you subscribe to such a program, you can build your own personal electronic business. As a rule, a domain will be cheaper if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end customer. The cause is that resellers can contact more individuals in regional districts or states where the Registrar may not be popular at all. This implies more sales for the Registrar, so both parties will profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar requires for the domain registration.
Trade Domain Names Under Your Own Brand Name
When you subscribe to a domain name reseller program, you will obtain a CP where you can settle the prices for the different top-level domain names that the Registrar provides. Most firms also offer billing transaction software and web page templates for your online storefront, and the automation of the entire procedure coupled with the vast demand for domain names make the domain reseller business so attractive. You will either acquire a pre-developed website and use the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can build your own personal portal and order form. Typically, you have the option to select between the two alternatives, so it all revolves around how advanced you are in these matters. As a domain name reseller, you will work under your personal trademark name and not under the Registrar's.
Gain Revenue From Reselling Site Hosting Services As Well
An excellent supplement to your domain name reseller business would be to sell web hosting services too. In this way, you can offer a package deal to people who want to launch their website and need both a domain and a webspace hosting package. A number of firms offer such options. With 'ResellersPanel', for example, you can buy a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and free-of-charge invoice management software to bill your customers. You can then sell domain names and shared hosting packages to customers, and since they provide many diverse domain name extensions, you will be able to provide domain and hosting services to individuals from all around the world.