Domain name reseller
The Internet is an ever-enlarging platform that delivers new opportunities to gain cash online. One of them is to become a domain name reseller and offer domains to end customers, making profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered each and every day, and there are 1 000 000's of currently functioning domains, so this is an expanding marketing niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain name includes 2 parts - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the top-level domain name 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 famous domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs comprise 2-letter abbreviations that represent each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a country-code top-level domain name, has a Registry - an institution that deals with the registrations and determines the prerequisites that each particular TLD may contain, including the duration of the registration term or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the companies that actually sell the domain name to clients and administer all DNS resource records.
Earn Revenue From Offering Domains
Numerous Registrars have reseller programs that allow people to earn profit from selling domain names to end clients. If you sign up for such a program, you can launch your very own personal e-business. Normally, a domain name will be more inexpensive if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end customer. The explanation is that resellers can contact more users in areas or states where the Registrar may not be known whatsoever. This implies 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 charges for the domain registration.
Trade Top-Level Domains Under Your Own Personal Trademark Name
When you sign up for a domain name reseller program, you will have a site hosting CP where you can determine the prices for the different TLDs that the Registrar offers. Most companies also offer billing software and website templates for your online shop, and the automation of the whole process combined with the growing demand for domains render the domain reseller market so desirable. You will either get a turn-key web site and use the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your very own web page and form for placing orders. Traditionally, you have the opportunity to choose between the 2 alternatives, so it all depends on how practiced you are in these issues. As a domain reseller, you will do business under your own personal brand and not under the Registrar's brand.
Make Revenue From Providing Webspace Hosting Accounts Too
A perfect addition to your domain reseller business would be to sell web hosting packages too. Thus, you can offer a package deal to people who want to set up their web page and need both a domain and a web site hosting package. Some companies furnish 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 invoice management software to bill your customers. You can then offer domains and shared website hosting accounts to customers, and since they provide many different domain name extensions, you will be able to provide domain name and hosting services to persons from all over the globe.