Domain name reseller
The Internet is an ever-increasing system that furnishes new opportunities to gain cash on the Internet. One of these options is to become a domain name reseller and sell domains to end customers, earning profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered each day, and there are 1 000 000's of presently functioning domain names, so this is a blossoming marketing niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain name involves two entities - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic Top-Level Domains comprise the most popular domain extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names are composed of two-letter abbreviations that denote each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code top-level domain name, has a Registry - an institution that is responsible for the registrations and sets the preconditions that each given top-level domain name may include, like the length 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 customers and handle all domain name records.
Earn Revenue From Trading Domains
Numerous Registrars have reseller programs that permit people to gain money from selling domains to end clients. If you sign up for such a program, you can begin your very own Internet business. Usually, a domain will cost less if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end user. The explanation is that resellers can contact more users in regional districts or countries where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both parties will take advantage of that. Your revenue will be the difference between the price that the user 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 obtain a web site hosting Control Panel where you can choose the prices for the different TLDs that the Registrar provides. Most companies also offer billing management software and themes for your online store, and the automation of the entire procedure coupled with the considerable demand for domains make the domain name reseller industry so alluring. You will either acquire a pre-built site and make use of the Registrar platform to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can create your own web portal and form for placing orders. Traditionally, you have the option to pick between the 2 options, so it all depends on how trained you are in these issues. As a domain name reseller, you will do business on behalf of your very own brand and not under the Registrar's.
Make Money From Offering Website Hosting Plans As Well
A nice supplement to your domain reseller business would be to sell web hosting plans as well. Thus, you can offer a package deal to customers who want to set up their website and require both a domain name and a web hosting plan. Certain corporations offer such options. With 'ResellersPanel', for example, you can purchase a VPS or a dedicated server, and they will also give you a domain name reseller account and charge-free invoicing software to charge your clients. You can then offer Top-Level Domains and shared website hosting packages to customers, and since they provide many different domain name extensions, you will be able to offer domain name and hosting services to users from all over the globe.