Domain name reseller
The World Wide Web is an ever-flourishing system that delivers new opportunities to make money on the Web. One of them is to be a domain reseller and offer domain names to end customers, generating revenue from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered every day, and there are 1 000 000's of presently active domains, so this is a thriving business niche that you can be a part of.
TLDs and SLDs
A domain name includes 2 parts - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic top-level domain names include the most widely used domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names consist of 2-character abbreviations that signify each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic Top-Level Domain or a country-code TLD, has a Registry - an institution that administers the registrations and sets the preconditions that each given Top-Level Domain may impose, such as the duration of the registration term or the citizenship of the registrant. A number of Registrar firms work under the Registry. These are the companies that actually offer the domain name to clients and handle all domain name records.
Gain Profit From Offering Domain Names
Numerous Registrars have reseller programs that enable people to earn money from offering domains to end customers. If you subscribe to such a program, you can build your own web business. Normally, a domain will be more inexpensive if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end user. The cause is that resellers can contact more clients in areas or states where the Registrar may not be famous at all. This implies more sales for the Registrar, so both parties will benefit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar levies for the domain name registration.
Resell Top-Level Domains On Behalf Of Your Own Trademark Name
When you subscribe to a domain name reseller program, you will acquire a hosting CP where you can determine the prices for the specific Top-Level Domains that the Registrar provides. Most corporations also provide invoice management software and web themes for your virtual storefront, and the automation of the entire process together with the big demand for domain names render the domain name reseller business niche so attractive. You will either get a pre-developed website and avail of the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can build your very own personal site and form for placing orders. Typically, you have the opportunity to choose between the two possibilities, so it all depends on how skilled you are in these things. As a domain name reseller, you will operate under your personal brand and not on behalf of the Registrar's.
Make Profit From Selling Web Site Hosting Packages Too
A suitable supplement to your domain name reseller business would be to sell web hosting packages too. Thereby, you can give a package deal to people who want to build their web page and require both a domain name and a hosting package. Given firms provide such options. With 'ResellersPanel', for example, you can run a VPS or a dedicated server, and they will also give you a domain name reseller account and cost-free invoice transaction software to bill your clients. You can then sell domains and shared web hosting packages to clients, and since they offer many different domain name extensions, you will be able to provide domain name and hosting services to users from all around the world.