Domain name reseller
The Internet is an ever-expanding system that generates new opportunities to gain money on the Internet. One of these possibilities is to be a domain name reseller and offer domains to end customers, gaining profit from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each day, and there are millions of presently active domains, so this is an increasing marketing niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain name comprises two parts - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic TLDs comprise the most famous domain extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs consist of two-character abbreviations that denote each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a country-code one, has a Registry - an organization that administers the registrations and sets the requirements that each concrete Top-Level Domain may impose, among them the duration of the registration period or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the firms that in fact sell the domain name to clients and handle all domain resource records.
Gain Cash From Selling Domains
Multiple Registrars have reseller programs that permit people to make cash from offering domain names to end customers. If you sign up for such a program, you can kick off your very own personal Internet business. Usually, a domain will be cheaper if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end user. The reason is that resellers can reach more persons in regional districts or states where the Registrar may not be known at all. This implies more sales for the Registrar, so both parties will profit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar levies for the domain registration.
Sell Domain Names Under Your Own Personal Brand Name
When you subscribe to a domain name reseller program, you will have a hosting Control Panel where you can fix the prices for the various TLDs that the Registrar provides. Most companies also offer invoice software and web site skins for your web storefront, and the automation of the entire process together with the huge demand for domain names render the domain reseller industry so seductive. You will either obtain a pre-developed website and use the Registrar system to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your own personal web portal and form for placing orders. Commonly, you have the option to pick between the 2 alternatives, so it all revolves around how trained you are in these things. As a domain reseller, you will operate on behalf of your personal brand name and not under the Registrar's brand.
Earn Profit From Trading Website Hosting Solutions Too
A perfect addition to your domain reseller business would be to sell web hosting plans as well. Thereby, you can give a package deal to persons who wish to develop their web site and need both a domain and a web space hosting account. Certain companies have such options. With 'ResellersPanel', for example, you can purchase a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and free-of-cost billing management software to charge your customers. You can then sell top-level domain names and shared hosting plans to customers, and since they offer lots of different domain extensions, you will be able to offer domain name and hosting services to clients from all over the world.