Domain name reseller
The World Wide Web is an ever-enlarging system that provides new opportunities to gain money online. One of these opportunities is to be a domain name reseller and offer domains to end clients, generating revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered every day, and there are 1 000 000's of presently functioning domains, so this is a developing marketing niche that you can be a part of.
Top-Level and Second-Level Domains
A domain is made of 2 pieces - 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.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic TLDs include the most famous domain name extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names comprise 2-character abbreviations that signify each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a country-code Top-Level Domain, has a Registry - an organization that manages the registrations and sets the prerequisites that each concrete TLD may involve, including the duration of the registration term or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the companies that actually sell the domain name to clients and administer all domain name records.
Gain Revenue From Reselling Domain Names
A lot of Registrars have reseller programs that permit people to earn revenue from selling domains to end customers. If you register with such a program, you can kick off your very own online business. As a rule, a domain name will be more inexpensive if it is registered through a reseller rather than if it is bought straight from the Registrar by an end client. The reason is that resellers can reach more customers in local regions or states where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both parties will profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar levies for the domain name registration.
Sell Domain Names On Behalf Of Your Very Own Trademark Name
When you sign up for a domain name reseller program, you will acquire a web page hosting CP where you can select the prices for the different top-level domain names that the Registrar provides. Most companies also provide billing management software and web page layouts for your virtual shop, and the automation of the entire procedure combined with the significant demand for domain names render the domain reseller business so attractive. You will either acquire a ready-for-use web site and utilize the Registrar platform to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your own web site and form for placing orders. Usually, you have the opportunity to choose between the two options, so it all revolves around how practiced you are in these matters. As a domain name reseller, you will do business under your own personal trademark name and not under the Registrar's.
Gain Revenue From Trading Hosting Accounts As Well
An excellent addition to your domain name reseller business would be to sell web hosting services too. In this way, you can offer a package deal to customers who want to manage their web site and demand both a domain and a hosting account. Some firms provide such options. With 'ResellersPanel', for example, you can order a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge invoicing transaction software to bill your clients. You can then sell Top-Level Domains and shared website hosting plans to clients, and since they offer lots of different domain name extensions, you will be able to provide domain name and hosting services to people from all around the globe.