Domain name reseller
The Internet is an ever-expanding community that furnishes new possibilities to earn cash on the Web. One of these possibilities is to be a domain reseller and offer domain names to end customers, gaining revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered every day, and there are 1 000 000's of currently functioning domain names, so this is a blooming marketing niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain name includes two constituents - a Top-Level Domain (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 name.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic top-level domain names comprise the most widespread domain extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names consist of two-character abbreviations that denote each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic Top-Level Domain or a ccTLD, has a Registry - an organization that is responsible for the registrations and sets the requirements that each concrete top-level domain name may include, including the length of the registration term or the citizenship of the registrant. A number of Registrar firms work under the Registry. These are the corporations that actually offer the domain name to customers and administer all DNS records.
Earn Revenue From Offering Domain Names
Many Registrars have reseller programs that allow individuals to gain revenue from offering domain names to end clients. If you register with such a program, you can establish your own e-business. Normally, a domain name will cost less if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end customer. The reason is that resellers can contact more clients in provinces or states where the Registrar may not be famous at all. This means more sales for the Registrar, so both sides will earn a profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar levies for the domain name registration.
Offer Domains Under Your Personal Trademark Name
When you subscribe to a domain name reseller program, you will acquire a web hosting Control Panel where you can set the prices for the specific Top-Level Domains that the Registrar provides. Most companies also offer invoicing software and website templates for your web store, and the automation of the entire procedure together with the immense demand for domains render the domain reseller market niche so attractive. You will either get a ready-to-use site and utilize the Registrar system to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can create your very own personal web portal and order form. Generally, you have the opportunity to pick between the 2 possibilities, so it all depends on how accomplished you are in these things. As a domain name reseller, you will do business under your own brand and not under the Registrar's.
Earn Revenue From Trading Web Page Hosting Packages Too
A good addition to your domain name reseller business would be to sell web hosting plans too. Thereby, you can give a package deal to people who desire to launch their online portal and require both a domain and a webspace hosting plan. A number of companies furnish such options. With 'ResellersPanel', for instance, you can order a VPS or a dedicated server, and they will also offer you a domain name reseller account and free invoice software to bill your clients. You can then sell top-level domain names and shared web hosting accounts to clients, and since they offer plenty of diverse domain extensions, you will be able to provide domain name and hosting services to customers from all over the globe.