Domain name reseller
The Internet is an ever-developing community that furnishes new opportunities to gain cash on the Web. One of them is to be a domain reseller and offer domains to end customers, earning profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered every day, and there are 1 000 000's of currently active domains, so this is an enlarging marketing niche that you can become a part of.
Top-Level and Second-Level Domains
A domain name is made of two pieces - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The gTLDs include the most famous domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains comprise 2-letter abbreviations that stand for each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic Top-Level Domain or a country-code one, has a Registry - an organization that tackles the registrations and sets the requirements that each given Top-Level Domain may include, like the length of the registration term or the residency of the registrant. A number of Registrar companies work under the Registry. These are the firms that actually sell the domain name to clients and handle all domain name records.
Make Cash From Reselling Domains
Many Registrars have reseller programs that permit individuals to make money from selling domain names to end users. If you subscribe to such a program, you can launch your very own Internet business. Generally, a domain will be cheaper if it is registered through a reseller rather than if it is bought directly from the Registrar by an end client. The explanation is that resellers can contact more individuals in provinces or states where the Registrar may not be popular at all. This implies more sales for the Registrar, so both parties will profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar requires for the domain registration.
Resell Domains Under Your Personal Brand Name
When you register with a domain reseller program, you will acquire a web page hosting CP where you can select the prices for the separate top-level domain names that the Registrar offers. Most corporations also provide billing transaction software and design themes for your online storefront, and the automation of the whole process together with the swelling demand for domains render the domain reseller industry so seductive. You will either receive a ready-for-use web site and avail of the Registrar platform to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can make your very own online portal and order form. Typically, you have the opportunity to decide between the two possibilities, so it all depends on how skillful you are in these affairs. As a domain name reseller, you will operate under your own trademark name and not on behalf of the Registrar's brand.
Make Revenue From Promoting Website Hosting Plans Too
A suitable addition to your domain name reseller business would be to sell web hosting packages too. Thus, you can give a package deal to customers who desire to build their website and require both a domain and a website hosting plan. Particular corporations have such options. With 'ResellersPanel', for example, you can have a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and free-of-charge billing management software to bill your customers. You can then sell domain names and shared website hosting accounts to clients, and since they provide many different domain name extensions, you will be able to offer domain and hosting services to users from all over the globe.