Domain name reseller
The Internet is an ever-enlarging platform that offers new ways to make money online. One of these possibilities is to become a domain name reseller and offer domain names to end clients, gaining revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered each day, and there are 1 000 000's of currently functioning domain names, so this is an increasing marketing niche that you can be a part of.
Top-Level and Second-Level Domains
A domain name involves 2 entities - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".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 domain names comprise the most conventional domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains are composed of 2-letter abbreviations that denote each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code Top-Level Domain, has a Registry - an institution that tackles the registrations and sets the requirements that each concrete TLD may impose, such as the duration of the registration term or the citizenship of the registrant. Certain Registrar corporations operate under the Registry. These are the firms that in fact sell the domain name to customers and manage all domain records.
Earn Profit From Selling Domains
Numerous Registrars have reseller programs that allow people to make money from selling domains to end customers. If you sign up for such a program, you can begin your own web business. Generally, a domain will cost less if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end user. The reason is that resellers can reach more customers in local communities or countries where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both parties will benefit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar requires for the domain name registration.
Offer Domains Under Your Own Brand
When you register with a domain name reseller program, you will have a hosting Control Panel where you can determine the prices for the separate TLDs that the Registrar offers. Most companies also provide invoicing transaction software and design layouts for your virtual shop, and the automation of the whole procedure coupled with the enlarging demand for domains render the domain reseller industry so tempting. You will either obtain a pre-built web site and avail of the Registrar system to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can set up your own web page and form for placing orders. Commonly, you have the option to decide between the 2 possibilities, so it all depends on how expert you are in these things. As a domain name reseller, you will operate under your personal brand and not under the Registrar's.
Gain Profit From Promoting Webspace Hosting Packages Too
A nice addition to your domain reseller business would be to sell web hosting plans as well. In this way, you can give a package deal to individuals who would like to make their web page and demand both a domain and a website hosting package. A number of companies furnish such options. With 'ResellersPanel', for example, you can run a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and free-of-cost invoicing transaction software to bill your clients. You can then sell Top-Level Domains and shared hosting accounts to customers, and since they offer a lot of different domain extensions, you will be able to offer domain name and hosting services to individuals from all around the world.