Domain name reseller
The Internet is an ever-growing system that provides new ways to make money online. One of these options is to be a domain name reseller and sell domains to end users, generating 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 presently active domains, so this is a blooming marketing niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain name includes 2 constituents - a top-level domain name (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 SLD.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic Top-Level Domains include the most widely used domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names are made of 2-letter abbreviations that stand for each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a country-code Top-Level Domain, has a Registry - an organization that tackles the registrations and determines the prerequisites that each given TLD may entail, such as the length of the registration period or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the companies that actually offer the domain name to customers and administer all domain name resource records.
Make Money From Reselling Domains
Numerous Registrars have reseller programs that permit people to gain cash from selling domain names to end clients. If you register with such a program, you can kick off your own personal online business. Normally, a domain 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 reason is that resellers can contact more users in areas 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 revenue will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain name registration.
Trade Domains Under Your Own Personal Brand
When you register with a domain name reseller program, you will have a website hosting CP where you can select the prices for the specific Top-Level Domains that the Registrar provides. Most corporations also provide billing management software and layouts for your virtual store, and the automation of the whole procedure together with the significant demand for domain names render the domain reseller business so attractive. You will either acquire a ready-for-use web site and utilize the Registrar system to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can make your own web site and order form. Commonly, you have the option to decide between the 2 options, so it all revolves around how proficient you are in these things. As a domain name reseller, you will sell under your very own personal brand and not on behalf of the Registrar's.
Gain Revenue From Selling Hosting Services Too
A proper addition to your domain name reseller business would be to sell web hosting plans too. Thereby, you can offer a package deal to customers who want to develop their web site and require both a domain name and a webspace hosting plan. Given companies have such options. With 'ResellersPanel', for example, you can manage a VPS or a dedicated server, and they will also give you a domain name reseller account and free-of-charge invoicing transaction software to charge your customers. You can then sell top-level domain names and shared web hosting plans to clients, and since they provide lots of different domain name extensions, you will be able to provide domain and hosting services to customers from all over the world.