Domain name reseller
The World Wide Web is an ever-expanding system that supplies new ways to gain money on the Web. One of them is to become a domain name reseller and offer domain names to end users, making profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered every day, and there are millions of presently active domains, so this is a developing marketing niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain name is composed of 2 pieces - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the SLD.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic top-level domain names include the most widespread domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names are made of 2-letter abbreviations that correspond to each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a country-code Top-Level Domain, has a Registry - an institution that handles the registrations and determines the preconditions that each specific top-level domain name may include, including the length of the registration period or the residency of the registrant. Certain Registrar firms work under the Registry. These are the firms that in fact offer the domain name to customers and administer all domain name resource records.
Make Cash From Offering Domains
Many Registrars have reseller programs that allow people to make revenue from offering domains to end customers. If you register with such a program, you can commence your own e-business. Generally, 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 provinces or states where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both sides will capitalize on that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar requires for the domain registration.
Sell Domains Under Your Very Own Brand Name
When you sign up for a domain name reseller program, you will receive a webspace hosting Control Panel where you can set the prices for the different top-level domain names that the Registrar offers. Most corporations also offer billing software and web layouts for your online store, and the automation of the whole process combined with the rising demand for domain names make the domain name reseller business niche so alluring. You will either have a pre-made website and make use of the Registrar system to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can make your own personal website and order form. Generally, you have the option to pick between the 2 options, so it all depends on how experienced you are in these affairs. As a domain reseller, you will work on behalf of your personal brand name and not on behalf of the Registrar's brand.
Earn Revenue From Providing Webspace Hosting Solutions Too
A suitable supplement to your domain reseller business would be to sell web hosting plans as well. Thus, you can give a package deal to users who want to run their site and need both a domain name and a web hosting package. Particular companies have such options. With 'ResellersPanel', for example, you can buy a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and charge-free invoice transaction software to charge your customers. You can then offer domains and shared website hosting accounts to customers, and since they offer plenty of diverse domain extensions, you will be able to provide domain and hosting services to clients from all over the globe.