Domain name reseller
The Internet is an ever-enlarging community that offers new options to earn money on the Web. One of these ways is to become a domain reseller and sell domain names to end users, earning profit from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered every day, and there are 1 000 000's of currently active domain names, so this is a blooming business niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain name consists of 2 entities - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic Top-Level Domains include the most conventional domain extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names are composed of two-letter abbreviations that signify each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a country-code Top-Level Domain, has a Registry - an organization that manages the registrations and sets the preconditions that each concrete Top-Level Domain may entail, such as the length of the registration period or the residency of the registrant. A number of Registrar firms work under the Registry. These are the firms that actually offer the domain name to clients and administer all domain resource records.
Gain Profit From Offering Domain Names
Many Registrars have reseller programs that enable individuals to gain profit from offering domain names to end customers. If you subscribe to such a program, you can commence your own personal electronic business. Typically, a domain name will cost less if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end customer. The reason is that resellers can contact more clients in provinces or countries where the Registrar may not be famous at all. This means more sales for the Registrar, so both parties will cash in on that. Your profit will be the difference between the price that the client pays and the one that the Registrar imposes for the domain registration.
Sell Domains Under Your Very Own Personal Brand
When you subscribe to a domain name reseller program, you will get a CP where you can set the prices for the specific Top-Level Domains that the Registrar provides. Most corporations also offer invoice management software and layouts for your online storefront, and the automation of the entire procedure combined with the rising demand for domain names render the domain name reseller market so attractive. You will either receive a pre-made web site and avail of the Registrar system to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can set up your own web page and order form. Traditionally, you have the option to pick between the two alternatives, so it all revolves around how proficient you are in these issues. As a domain name reseller, you will operate on behalf of your very own brand name and not under the Registrar's.
Earn Profit From Offering Webspace Hosting Plans As Well
A nice supplement to your domain reseller business would be to sell web hosting accounts too. Thus, you can give a package deal to clients who wish to create their web page and need both a domain and a web page hosting account. Particular companies have such options. With 'ResellersPanel', for example, you can manage a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and free invoicing software to charge your customers. You can then offer domain names and shared web hosting plans to clients, and since they offer a lot of different domain name extensions, you will be able to offer domain name and hosting services to individuals from all over the globe.