Domain name reseller
The Internet is an ever-flourishing network that supplies new options to earn cash on the Internet. One of these options is to become a domain reseller and sell domain names to end clients, generating profit from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered each and every day, and there are 1 000 000's of presently active domains, so this is a flowering marketing niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain is made of two components - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The gTLDs include the most widely used domain extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names include 2-character abbreviations that represent each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a country-code TLD, has a Registry - an institution that tackles the registrations and determines the requirements that each specific Top-Level Domain may impose, including the length of the registration term or the residency of the registrant. Certain Registrar firms work under the Registry. These are the firms that actually sell the domain name to customers and manage all domain name resource records.
Make Cash From Trading Domains
Numerous Registrars have reseller programs that allow people to gain money from offering domains to end users. If you subscribe to such a program, you can initiate your very own electronic business. Regularly, a domain name 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 cause is that resellers can contact more clients in regions or states where the Registrar may not be known at all. This implies more sales for the Registrar, so both parties will make a profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar levies for the domain registration.
Offer TLDs Under Your Very Own Personal Brand
When you register with a domain reseller program, you will receive a CP where you can choose the prices for the various top-level domain names that the Registrar provides. Most firms also provide invoicing software and web site templates for your online store, and the automation of the whole procedure together with the great demand for domains make the domain name reseller market so attractive. You will either receive a ready-made web site and use the Registrar system to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can make your own website and order form. Commonly, you have the opportunity to decide between the 2 possibilities, so it all depends on how expert you are in these things. As a domain name reseller, you will operate under your own brand name and not under the Registrar's brand.
Gain Profit From Reselling Hosting Packages Too
A nice supplement to your domain name reseller business would be to sell web hosting accounts as well. In this way, you can give a package deal to individuals who wish to set up their online portal and require both a domain name and a web site hosting plan. Certain firms provide such options. With 'ResellersPanel', for instance, you can have a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and free-of-charge billing management software to charge your customers. You can then sell top-level domain names and shared hosting packages to customers, and since they provide a lot of different domain name extensions, you will be able to offer domain name and hosting services to people from all around the globe.