Domain name reseller
The Internet is an ever-flourishing system that delivers new options to gain money online. One of these ways is to become a domain reseller and sell domains to end users, making profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered each and every day, and there are millions of presently functioning domain names, so this is an expanding marketing niche that you can become a part of.
Top-Level and Second-Level Domains
A domain name is made of two 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 second-level domain name.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic top-level domain names include the most widespread domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs are made of 2-letter abbreviations that correspond to each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a country-code one, has a Registry - an institution that deals with the registrations and sets the preconditions that each particular Top-Level Domain may contain, among them the length of the registration period or the citizenship of the registrant. A number of Registrar firms work under the Registry. These are the firms that actually offer the domain name to customers and administer all DNS records.
Gain Revenue From Reselling Domains
Numerous Registrars have reseller programs that allow people to gain profit from selling domains to end clients. If you register with such a program, you can begin your very own personal e-business. Commonly, a domain name will be cheaper if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end customer. The cause is that resellers can reach more people in local districts or countries where the Registrar may not be famous at all. This means more sales for the Registrar, so both sides will take advantage of that. Your revenue will be the difference between the price that the user pays and the one that the Registrar charges for the domain name registration.
Trade Top-Level Domain Names On Behalf Of Your Own Personal Trademark Name
When you subscribe to a domain name reseller program, you will obtain a web space hosting CP where you can fix the prices for the individual Top-Level Domains that the Registrar provides. Most companies also provide invoicing software and web design skins for your online storefront, and the automation of the entire process combined with the vast demand for domains render the domain reseller market niche so seductive. You will either have a turn-key web site and make use of the Registrar platform to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can make your very own personal web portal and form for placing orders. Traditionally, you have the option to choose between the two options, so it all depends on how practiced you are in these affairs. As a domain name reseller, you will work on behalf of your personal brand name and not on behalf of the Registrar's.
Make Money From Supplying Web Hosting Packages As Well
A relevant supplement to your domain reseller business would be to sell web hosting accounts too. Thus, you can offer a package deal to individuals who desire to develop their web site and demand both a domain and a web page hosting account. Particular companies offer such options. With 'ResellersPanel', for example, you can purchase a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and free billing management software to charge your clients. You can then offer TLDs and shared hosting packages to clients, and since they provide plenty of diverse domain extensions, you will be able to offer domain and hosting services to individuals from all around the world.