Domain name reseller
The Internet is an ever-developing system that provides new opportunities to make cash on the Web. One of these opportunities is to be a domain reseller and sell domains to end users, making revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered each day, and there are 1 000 000's of presently functioning domains, so this is an expanding marketing niche that you can be involved in.
Top-Level and Second-Level Domains
A domain involves 2 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 name and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic top-level domain names comprise the most widespread domain extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names are composed of 2-character abbreviations that signify each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code Top-Level Domain, has a Registry - an organization that manages the registrations and determines the requirements that each particular TLD may involve, including the duration of the registration term or the citizenship of the registrant. Certain Registrar firms work under the Registry. These are the corporations that actually sell the domain name to clients and manage all domain resource records.
Make Profit From Reselling Domains
A lot of Registrars have reseller programs that allow people to gain cash from offering domain names to end users. If you register with such a program, you can kickstart your very own electronic business. Normally, a domain name will be cheaper if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end user. The cause is that resellers can reach more persons in local communities or states where the Registrar may not be popular at all. This implies more sales for the Registrar, so both parties will take advantage of that. Your profit will be the difference between the price that the user pays and the one that the Registrar requires for the domain registration.
Trade Domains Under Your Personal Trademark Name
When you subscribe to a domain reseller program, you will receive a hosting CP where you can settle the prices for the separate Top-Level Domains that the Registrar offers. Most firms also provide invoice transaction software and website layouts for your web storefront, and the automation of the entire process coupled with the big demand for domains make the domain name reseller market so attractive. You will either get a ready-for-use web site and make use of the Registrar platform to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your very own portal and order form. Normally, you have the opportunity to decide between the 2 options, so it all revolves around how skilled you are in these things. As a domain reseller, you will work on behalf of your personal brand name and not on behalf of the Registrar's brand.
Gain Money From Selling Website Hosting Packages Too
An adequate addition to your domain name reseller business would be to sell web hosting services as well. Thereby, you can offer a package deal to customers who wish to make their online portal and require both a domain name and a web site hosting package. A number of corporations have such options. With 'ResellersPanel', for example, you can run a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and free billing software to charge your customers. You can then offer TLDs and shared web hosting plans to clients, and since they provide lots of different domain extensions, you will be able to offer domain and hosting services to clients from all over the world.