Domain name reseller
The Internet is an ever-increasing system that delivers new ways to earn cash on the Web. One of these opportunities is to be a domain name reseller and offer domains to end users, making profit from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered every day, and there are 1 000 000's of currently functioning domains, so this is a blooming marketing niche that you can be a part of.
Top-Level and Second-Level Domains
A domain is made of 2 entities - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the SLD.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The gTLDs comprise the best known domain name extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains contain two-letter abbreviations that signify each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code Top-Level Domain, has a Registry - an institution that handles the registrations and determines the preconditions that each given top-level domain name may have, among them the duration of the registration term or the residency of the registrant. A number of Registrar companies work under the Registry. These are the companies that in fact sell the domain name to clients and administer all domain records.
Earn Cash From Selling Domains
Lots of Registrars have reseller programs that permit individuals to earn cash from offering domain names to end clients. If you subscribe to such a program, you can kick off your very own personal web business. Usually, a domain will be more inexpensive if it is registered through a reseller rather than if it is bought directly from the Registrar by an end user. The explanation is that resellers can contact more people in regional communities or countries where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both parties will cash in on 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.
Resell Top-Level Domains Under Your Own Personal Trademark Name
When you register with a domain reseller program, you will acquire a CP where you can set the prices for the different top-level domain names that the Registrar provides. Most corporations also offer invoicing software and skins for your web shop, and the automation of the whole procedure coupled with the increasing demand for domain names render the domain name reseller business niche so alluring. You will either receive a ready-for-use site and avail of the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your own personal web site and order form. Commonly, you have the opportunity to choose between the two possibilities, so it all depends on how trained you are in these matters. As a domain name reseller, you will operate under your very own personal brand name and not under the Registrar's brand.
Make Profit From Promoting Website Hosting Packages As Well
An appropriate supplement to your domain reseller business would be to sell web hosting services as well. In this way, you can offer a package deal to clients who want to launch their site and need both a domain and a hosting package. A few firms furnish such options. With 'ResellersPanel', for example, you can purchase a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and charge-free billing transaction software to bill your customers. You can then offer domain names and shared web hosting plans to clients, and since they offer lots of diverse domain extensions, you will be able to provide domain and hosting services to clients from all around the globe.