Domain name reseller
The Internet is an ever-flourishing system that supplies new possibilities to gain money on the Web. One of these possibilities is to be a domain reseller and offer domains to end users, gaining revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered each day, and there are 1 000 000's of presently functioning domains, so this is a flowering business niche that you can become involved in.
Top-Level and Second-Level Domains
A domain name comprises two constituents - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic top-level domain names comprise the most widely used domain name extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs comprise two-character abbreviations that stand for each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code top-level domain name, has a Registry - an institution that administers the registrations and determines the requirements that each specific top-level domain name may have, such as the length of the registration period or the citizenship of the registrant. A number of Registrar corporations work under the Registry. These are the corporations that actually offer the domain name to customers and handle all DNS records.
Make Profit From Reselling Domain Names
Multiple Registrars have reseller programs that allow individuals to make cash from offering domains to end customers. If you register with such a program, you can launch your very own personal e-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 reach more persons in local districts or states where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both sides will take advantage of that. Your profit will be the difference between the price that the user pays and the one that the Registrar requires for the domain registration.
Offer TLDs Under Your Very Own Brand
When you register with a domain name reseller program, you will get a webspace hosting CP where you can determine the prices for the individual Top-Level Domains that the Registrar provides. Most companies also offer invoice management software and web page templates for your web store, and the automation of the whole procedure coupled with the vast demand for domain names render the domain name reseller market so tempting. You will either get a turn-key site and avail of the Registrar system to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your own personal web portal and order form. Traditionally, you have the opportunity to pick between the 2 options, so it all depends on how practiced you are in these things. As a domain reseller, you will work under your own brand name and not on behalf of the Registrar's.
Make Money From Reselling Web Site Hosting Plans As Well
An adequate addition to your domain name reseller business would be to sell web hosting plans too. Thereby, you can offer a package deal to customers who wish to build their web site and need both a domain and a web site hosting plan. A number of companies offer such options. With 'ResellersPanel', for instance, you can manage a VPS or a dedicated server, and they will also offer you a domain name reseller account and cost-free billing software to bill your customers. You can then sell TLDs and shared hosting packages to customers, and since they offer many diverse domain name extensions, you will be able to provide domain and hosting services to people from all over the globe.