Domain name reseller
The Internet is an ever-flourishing community that provides new options to gain money online. One of these options is to become a domain name reseller and offer domain names to end customers, making revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered each and every day, and there are millions of currently active domain names, so this is an expanding marketing niche that you can be a part of.
Top-Level and Second-Level Domains
A domain name includes two pieces - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take 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 generic TLDs comprise the most widely used domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names are made of two-letter abbreviations that correspond to each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a country-code TLD, has a Registry - an organization that is responsible for the registrations and determines the preconditions that each specific top-level domain name may include, such as the duration of the registration term or the residency of the registrant. Certain Registrar companies operate under the Registry. These are the companies that in fact offer the domain name to customers and handle all domain name records.
Make Profit From Trading Domains
Lots of Registrars have reseller programs that permit people to earn cash from selling domains to end customers. If you subscribe to such a program, you can launch your very own electronic business. Regularly, a domain name will be cheaper if it is registered through a reseller rather than if it is bought directly from the Registrar by an end customer. The reason is that resellers can reach more users in local communities or countries where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both sides will capitalize on that. Your revenue will be the difference between the price that the user pays and the one that the Registrar requires for the domain registration.
Resell Domain Names Under Your Personal Trademark Name
When you subscribe to a domain name reseller program, you will receive a web page hosting Control Panel where you can determine the prices for the various TLDs that the Registrar offers. Most corporations also provide billing software and web themes for your online store, and the automation of the whole process together with the enormous demand for domains render the domain name reseller market so attractive. You will either have a pre-built site and utilize the Registrar platform to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can create your own personal web site and order form. Traditionally, you have the opportunity to select between the 2 options, so it all revolves around how expert you are in these things. As a domain reseller, you will operate under your own brand and not on behalf of the Registrar's brand.
Make Cash From Promoting Web Site Hosting Accounts As Well
A good supplement to your domain name reseller business would be to sell web hosting services too. Thereby, you can give a package deal to people who would like to manage their web page and require both a domain name and a hosting account. Certain corporations supply such options. With 'ResellersPanel', for instance, you can have a VPS or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost invoice transaction software to bill your clients. You can then offer Top-Level Domains and shared website hosting packages to clients, and since they provide plenty of diverse domain extensions, you will be able to offer domain and hosting services to clients from all around the globe.