Domain name reseller
The Internet is an ever-expanding community that furnishes new possibilities to earn money online. One of these ways is to be a domain name reseller and offer domain names to end customers, making revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered each day, and there are millions of currently functioning domain names, so this is an enlarging business niche that you can become involved in.
TLDs and SLDs
A domain involves two entities - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic TLDs include the best known domain name extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs include 2-character abbreviations that denote each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a ccTLD, has a Registry - an institution that handles the registrations and sets the requirements that each specific TLD may entail, such as the duration of the registration period or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the corporations that in fact offer the domain name to customers and administer all domain name records.
Earn Money From Reselling Domain Names
Lots of Registrars have reseller programs that enable individuals to gain money from offering domain names to end users. If you register with such a program, you can launch your very own personal e-business. Regularly, a domain name will be cheaper if it is registered via a reseller rather than if it is bought directly from the Registrar by an end user. The cause is that resellers can contact more users in areas or countries where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both sides will make a 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.
Offer Top-Level Domains Under Your Own Brand Name
When you register with a domain name reseller program, you will acquire a website hosting Control Panel where you can select the prices for the specific top-level domain names that the Registrar provides. Most companies also provide invoice management software and skins for your virtual store, and the automation of the entire process coupled with the high demand for domain names make the domain name reseller business niche so desirable. You will either receive a turn-key web site and make use of the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your very own personal website and form for placing orders. Commonly, you have the option to decide between the 2 alternatives, so it all depends on how accomplished you are in these matters. As a domain reseller, you will sell on behalf of your personal trademark name and not under the Registrar's.
Gain Revenue From Offering Website Hosting Services Too
A nice addition to your domain name reseller business would be to sell web hosting solutions as well. Thus, you can give a package deal to people who would like to have their online portal and need both a domain and a webspace hosting plan. A few companies provide such options. With 'ResellersPanel', for instance, you can purchase a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and free-of-cost invoicing software to charge your customers. You can then offer TLDs and shared hosting packages to clients, and since they provide plenty of diverse domain extensions, you will be able to offer domain name and hosting services to users from all over the globe.