Domain name reseller
The Internet is an ever-growing network that delivers new options to make money on the Internet. One of them is to become a domain name reseller and offer domains to end clients, gaining revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered each day, and there are millions of currently functioning domain names, so this is a blossoming marketing niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain consists of 2 entities - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic top-level domain names comprise the most widely used domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs comprise two-character abbreviations that symbolize each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a country-code Top-Level Domain, has a Registry - an organization that administers the registrations and sets the preconditions that each specific TLD may involve, among them the duration of the registration period or the citizenship of the registrant. Certain Registrar companies work under the Registry. These are the companies that in fact offer the domain name to customers and handle all domain name records.
Gain Money From Offering Domain Names
Numerous Registrars have reseller programs that enable individuals to earn money from offering domains to end users. If you subscribe to such a program, you can kickstart your own Internet business. As a rule, a domain name will cost less if it is registered via a reseller rather than if it is bought directly from the Registrar by an end customer. The reason is that resellers can contact more persons in regions or countries where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both parties will benefit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar requires for the domain name registration.
Trade Top-Level Domains On Behalf Of Your Very Own Trademark Name
When you register with a domain reseller program, you will have a site hosting Control Panel where you can set the prices for the various Top-Level Domains that the Registrar provides. Most corporations also offer invoicing software and web design layouts for your virtual store, and the automation of the entire procedure combined with the strong demand for domain names render the domain reseller industry so attractive. You will either acquire a turn-key website and avail of the Registrar platform to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can create your very own personal web portal and order form. Typically, you have the opportunity to choose between the 2 possibilities, so it all depends on how proficient you are in these matters. As a domain name reseller, you will operate under your personal trademark name and not on behalf of the Registrar's brand.
Earn Money From Offering Site Hosting Accounts As Well
A nice addition to your domain reseller business would be to sell web hosting packages as well. Thereby, you can give a package deal to customers who wish to run their web page and require both a domain name and a web space hosting package. Some corporations offer such options. With 'ResellersPanel', for instance, you can run a VPS or a dedicated server, and they will also give you a domain name reseller account and cost-free invoice software to bill your customers. You can then sell Top-Level Domains and shared website hosting packages to customers, and since they offer lots of diverse domain extensions, you will be able to offer domain and hosting services to individuals from all over the world.