Domain name reseller
The Internet is an ever-growing community that provides new opportunities to make cash on the Web. One of these opportunities is to be a domain name reseller and sell domains to end clients, generating revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered every day, and there are millions of currently functioning domain names, so this is a flowering marketing niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain name consists of two entities - 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 name.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic top-level domain names include the most famous domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains are made of two-letter abbreviations that represent each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a country-code TLD, has a Registry - an institution that handles the registrations and determines the requirements that each concrete Top-Level Domain may involve, among them the length of the registration term or the residency of the registrant. Certain Registrar corporations work under the Registry. These are the companies that in fact sell the domain name to customers and administer all DNS resource records.
Gain Profit From Reselling Domains
Many Registrars have reseller programs that allow individuals to earn cash from offering domain names to end clients. If you sign up for such a program, you can commence your own personal online business. As a rule, a domain will be more inexpensive if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end client. The cause is that resellers can contact more individuals in regions or countries where the Registrar may not be popular at all. This implies more sales for the Registrar, so both parties will make a profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain registration.
Offer Top-Level Domain Names Under Your Own Brand
When you subscribe to a domain name reseller program, you will have a web space hosting Control Panel where you can settle the prices for the various TLDs that the Registrar provides. Most firms also offer invoice software and themes for your web store, and the automation of the entire process coupled with the flourishing demand for domains make the domain name reseller business niche so desirable. You will either receive a pre-built site and avail of the Registrar platform to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can build your own personal website and form for placing orders. Commonly, you have the option to pick between the 2 possibilities, so it all revolves around how expert you are in these things. As a domain reseller, you will do business under your personal brand and not under the Registrar's brand.
Gain Revenue From Trading Website Hosting Accounts Too
A reasonable supplement to your domain reseller business would be to sell web hosting packages as well. Thus, you can offer a package deal to customers who want to have their site and need both a domain and a web hosting plan. Some companies furnish such options. With 'ResellersPanel', for instance, you can manage a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and free billing management software to charge your customers. You can then sell Top-Level Domains and shared website hosting packages to clients, and since they offer lots of different domain extensions, you will be able to offer domain name and hosting services to clients from all over the world.