Domain name reseller
The World Wide Web is an ever-flourishing platform that generates new ways to make money on the Internet. One of them is to become a domain reseller and offer domains to end customers, generating revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered every day, and there are millions of currently functioning domains, so this is a thriving marketing niche that you can become involved in.
Top-Level and Second-Level Domains
A domain name involves two entities - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic Top-Level Domains comprise the most conventional domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains include two-letter abbreviations that represent each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code top-level domain name, has a Registry - an institution that administers the registrations and determines the prerequisites that each concrete Top-Level Domain may have, such as the duration of the registration period or the citizenship of the registrant. Certain Registrar corporations operate under the Registry. These are the corporations that actually sell the domain name to clients and manage all DNS records.
Make Money From Trading Domain Names
Multiple Registrars have reseller programs that enable people to gain cash from selling domains to end customers. If you subscribe to such a program, you can start your own personal online business. As a rule, a domain name will be more inexpensive if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end customer. The reason is that resellers can contact more people in regional communities or countries where the Registrar may not be popular at all. This means more sales for the Registrar, so both sides will profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar levies for the domain registration.
Sell TLDs Under Your Personal Trademark Name
When you subscribe to a domain reseller program, you will receive a site hosting CP where you can select the prices for the separate top-level domain names that the Registrar offers. Most firms also provide invoicing transaction software and web page templates for your online shop, and the automation of the whole process together with the enlarging demand for domains make the domain reseller business niche so alluring. You will either obtain a ready-for-use site and avail of the Registrar system to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can create your very own portal and order form. Commonly, you have the opportunity to choose between the two possibilities, so it all revolves around how advanced you are in these issues. As a domain reseller, you will do business under your own brand name and not on behalf of the Registrar's brand.
Make Profit From Promoting Web Hosting Plans As Well
A relevant addition to your domain reseller business would be to sell web hosting services too. Thus, you can offer a package deal to people who want to make their website and need both a domain name and a web hosting plan. A number of companies supply such options. With 'ResellersPanel', for example, you can run a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and charge-free billing software to bill your customers. You can then offer TLDs and shared website hosting accounts to clients, and since they provide lots of different domain name extensions, you will be able to offer domain and hosting services to clients from all around the globe.