Domain name reseller
The Internet is an ever-developing community that furnishes new opportunities to gain money on the Internet. One of them is to be a domain reseller and sell domain names to end customers, gaining profit 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 functioning domain names, so this is an expanding marketing niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain is composed 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 Top-Level Domains can be generic or country code. The generic TLDs include the most common domain name extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs are made of 2-letter abbreviations that symbolize each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a country-code Top-Level Domain, has a Registry - an organization that deals with the registrations and determines the prerequisites that each concrete TLD may contain, among them the length of the registration term or the residency of the registrant. A number of Registrar companies work under the Registry. These are the companies that in fact sell the domain name to clients and handle all domain records.
Gain Profit From Reselling Domains
Many Registrars have reseller programs that enable individuals to earn revenue from offering domains to end users. If you subscribe to such a program, you can launch your very own online business. Typically, a domain will be cheaper if it is registered through a reseller rather than if it is bought straight from the Registrar by an end client. The cause is that resellers can contact more individuals in provinces or countries where the Registrar may not be popular at all. This implies more sales for the Registrar, so both sides will benefit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar imposes for the domain name registration.
Resell Top-Level Domain Names Under Your Personal Brand Name
When you subscribe to a domain reseller program, you will receive a hosting CP where you can set the prices for the specific top-level domain names that the Registrar offers. Most firms also offer invoicing software and website skins for your virtual store, and the automation of the whole procedure together with the proliferating demand for domains make the domain reseller market niche so attractive. You will either receive a ready-for-use website and make use of the Registrar platform to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can create your own web portal and order form. Typically, you have the opportunity to select between the two alternatives, so it all depends on how practiced you are in these affairs. As a domain reseller, you will sell on behalf of your personal brand name and not under the Registrar's.
Gain Revenue From Promoting Site Hosting Accounts As Well
A reasonable addition to your domain reseller business would be to sell web hosting services as well. Thereby, you can give a package deal to people who would like to establish their online portal and demand both a domain and a web page hosting plan. Some firms supply such options. With 'ResellersPanel', for instance, you can order a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and cost-free invoice management software to charge your customers. You can then offer domains and shared hosting packages to clients, and since they offer lots of different domain name extensions, you will be able to provide domain and hosting services to customers from all around the globe.