Domain name reseller
The Internet is an ever-growing network that provides new possibilities to make money online. One of these opportunities is to become a domain reseller and sell domains to end users, making revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered each day, and there are millions of presently functioning domain names, so this is a developing marketing niche that you can become involved in.
Top-Level and Second-Level Domains
A domain name is composed of two parts - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains include the most common domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names include two-character abbreviations that correspond to each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a country-code Top-Level Domain, has a Registry - an institution that manages the registrations and sets the prerequisites that each specific Top-Level Domain may involve, such as the duration of the registration term or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the firms that actually offer the domain name to clients and manage all domain name resource records.
Gain Cash From Trading Domain Names
Many Registrars have reseller programs that allow individuals to earn revenue from offering domains to end users. If you subscribe to such a program, you can start your very own Internet business. Generally, a domain will be more inexpensive if it is registered via a reseller rather than if it is bought directly from the Registrar by an end customer. The cause is that resellers can contact more people in local districts or states where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both sides will benefit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar imposes for the domain name registration.
Trade Domains On Behalf Of Your Own Brand
When you register with a domain name reseller program, you will have a hosting CP where you can determine the prices for the various Top-Level Domains that the Registrar provides. Most corporations also offer invoicing software and design templates for your virtual store, and the automation of the whole procedure coupled with the large demand for domain names make the domain reseller industry so seductive. You will either obtain a pre-made website and make use of the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can create your own personal site and order form. Normally, you have the opportunity to choose between the two options, so it all revolves around how accomplished you are in these matters. As a domain reseller, you will do business under your own personal brand name and not on behalf of the Registrar's.
Make Revenue From Promoting Hosting Services As Well
An adequate supplement to your domain reseller business would be to sell web hosting accounts too. Thereby, you can give a package deal to users who want to make their web page and need both a domain and a hosting plan. Certain firms offer such options. With 'ResellersPanel', for instance, you can buy a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and free-of-charge billing software to charge your clients. You can then offer top-level domain names and shared website hosting packages to clients, and since they offer plenty of diverse domain name extensions, you will be able to provide domain name and hosting services to persons from all around the world.