Domain name reseller
The World Wide Web is an ever-developing system that furnishes new possibilities to make money on the Web. One of them is to be a domain reseller and offer domains to end users, generating revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered each and every day, and there are millions of presently active domains, so this is a flourishing marketing niche that you can become a part of.
Top-Level and Second-Level Domains
A domain involves two entities - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The gTLDs comprise the most widespread domain extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs include two-character abbreviations that symbolize each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a ccTLD, has a Registry - an institution that is responsible for the registrations and sets the preconditions that each particular TLD may involve, like the length of the registration term or the citizenship of the registrant. Certain Registrar firms work under the Registry. These are the firms that in fact offer the domain name to clients and handle all domain resource records.
Make Profit From Offering Domains
A lot of Registrars have reseller programs that permit people to make profit from offering domains to end users. If you subscribe to such a program, you can launch your very own personal web business. Typically, a domain name will be cheaper if it is registered through a reseller rather than if it is bought directly from the Registrar by an end user. The reason is that resellers can reach more people in local communities or states where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both sides will capitalize on that. Your profit will be the difference between the price that the client pays and the one that the Registrar levies for the domain registration.
Trade Top-Level Domain Names On Behalf Of Your Own Personal Brand Name
When you subscribe to a domain reseller program, you will get a webspace hosting Control Panel where you can determine the prices for the individual TLDs that the Registrar provides. Most corporations also offer invoice software and design templates for your web store, and the automation of the whole process combined with the huge demand for domains render the domain name reseller business niche so tempting. You will either get a pre-developed web site and utilize the Registrar platform to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can set up your own site and order form. Commonly, you have the option to select between the two options, so it all depends on how skillful you are in these matters. As a domain reseller, you will do business on behalf of your very own personal trademark name and not on behalf of the Registrar's brand.
Gain Profit From Selling Webspace Hosting Accounts As Well
A perfect addition to your domain reseller business would be to sell web hosting solutions too. In this way, you can offer a package deal to people who want to establish their online portal and need both a domain name and a web page hosting account. Given firms have such options. With 'ResellersPanel', for example, you can run a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and charge-free invoice transaction software to bill your customers. You can then offer top-level domain names and shared website hosting accounts to clients, and since they offer a lot of diverse domain extensions, you will be able to offer domain name and hosting services to people from all over the globe.