Domain name reseller
The World Wide Web is an ever-developing community that provides new possibilities to make cash online. One of these ways is to become a domain name reseller and sell domains to end customers, gaining revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered every day, and there are 1 000 000's of presently functioning domain names, so this is a flowering marketing niche that you can be involved in.
Top-Level and Second-Level Domains
A domain name is made of 2 parts - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic top-level domain names comprise the most widely used domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs involve 2-character abbreviations that denote each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a ccTLD, has a Registry - an organization that deals with the registrations and sets the prerequisites that each specific TLD may include, like the duration of the registration term or the residency of the registrant. A number of Registrar corporations work under the Registry. These are the firms that in fact sell the domain name to clients and handle all DNS resource records.
Gain Profit From Selling Domains
Numerous Registrars have reseller programs that allow individuals to gain revenue from selling domain names to end customers. If you register with such a program, you can set up your own personal electronic business. Regularly, a domain will be cheaper if it is registered through a reseller rather than if it is bought directly from the Registrar by an end client. The cause is that resellers can contact more customers in local districts or countries where the Registrar may not be popular whatsoever. This implies 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 charges for the domain registration.
Trade Top-Level Domains Under Your Personal Brand
When you sign up for a domain reseller program, you will get a webspace hosting CP where you can choose the prices for the individual top-level domain names that the Registrar provides. Most companies also provide invoice transaction software and website themes for your online store, and the automation of the whole process coupled with the significant demand for domain names render the domain name reseller industry so alluring. You will either obtain a pre-built web site and avail of the Registrar platform to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can build your very own web site and order form. Commonly, you have the option to select between the 2 alternatives, so it all revolves around how practiced you are in these things. As a domain reseller, you will do business under your own personal trademark name and not on behalf of the Registrar's.
Make Money From Promoting Webspace Hosting Accounts Too
A sensible addition to your domain reseller business would be to sell web hosting accounts too. In this way, you can offer a package deal to clients who want to establish their website and need both a domain and a web space hosting plan. A number of firms furnish such options. With 'ResellersPanel', for example, you can order a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and free-of-charge billing management software to bill your customers. You can then offer domains and shared hosting plans to customers, and since they provide lots of different domain name extensions, you will be able to offer domain and hosting services to persons from all over the world.