Domain name reseller
The Internet is an ever-developing system that delivers new options to gain money online. One of these opportunities is to become a domain reseller and sell domains to end customers, making revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered each and every day, and there are millions of presently active domains, so this is an enlarging marketing niche that you can be involved in.
Top-Level and Second-Level Domains
A domain involves two constituents - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic TLDs comprise the most conventional domain name extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs comprise two-letter abbreviations that represent each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a ccTLD, has a Registry - an organization that is responsible for the registrations and sets the prerequisites that each concrete top-level domain name may entail, among them the duration of the registration period or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the firms that actually offer the domain name to clients and handle all domain name records.
Gain Revenue From Trading Domain Names
Plenty of Registrars have reseller programs that allow individuals to make money from selling domain names to end customers. If you register with such a program, you can kick off your very own personal Internet business. Generally, a domain name will cost less if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end client. The cause is that resellers can contact more persons in local communities or countries where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both sides will cash in 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 name registration.
Sell TLDs Under Your Own Brand
When you subscribe to a domain reseller program, you will get a website hosting CP where you can settle the prices for the different top-level domain names that the Registrar offers. Most firms also provide invoice management software and web skins for your web shop, and the automation of the whole process coupled with the growing demand for domain names make the domain reseller business niche so tempting. You will either get a ready-for-use site and utilize the Registrar platform to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can set up your own website and form for placing orders. Generally, you have the opportunity to pick between the two options, so it all depends on how expert you are in these things. As a domain reseller, you will sell on behalf of your very own brand and not on behalf of the Registrar's.
Make Cash From Promoting Site Hosting Plans Too
A sensible addition to your domain reseller business would be to sell web hosting packages too. Thereby, you can offer a package deal to people who wish to build their web site and need both a domain and a hosting account. Certain firms have such options. With 'ResellersPanel', for example, you can order a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and free invoice software to charge your customers. You can then sell Top-Level Domains and shared web hosting plans to clients, and since they provide many different domain extensions, you will be able to offer domain and hosting services to customers from all around the globe.