Domain name reseller
The Internet is an ever-growing system that furnishes new options to gain cash online. One of these opportunities is to become a domain name reseller and sell domain names to end clients, generating revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered each day, and there are 1 000 000's of presently functioning domain names, so this is an enlarging marketing niche that you can become involved in.
Top-Level and Second-Level Domains
A domain name contains two parts - a Top-Level Domain (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.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic top-level domain names include the most common domain extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names contain 2-letter abbreviations that represent each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a country-code TLD, has a Registry - an institution that is responsible for the registrations and determines the prerequisites that each specific Top-Level Domain may impose, such as the duration of the registration period or the citizenship of the registrant. Certain Registrar companies operate under the Registry. These are the firms that actually sell the domain name to customers and manage all domain name records.
Gain Money From Reselling Domain Names
Multiple Registrars have reseller programs that allow people to make revenue from selling domain names to end customers. If you register with such a program, you can build your own online business. Generally, a domain name will be cheaper if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end customer. The explanation is that resellers can contact more persons in regional communities or countries where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both sides will make a profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar levies for the domain name registration.
Resell Domains Under Your Own Personal Brand Name
When you sign up for a domain reseller program, you will receive a hosting Control Panel where you can select the prices for the separate top-level domain names that the Registrar offers. Most corporations also offer invoicing transaction software and web page layouts for your online shop, and the automation of the whole procedure together with the strong demand for domain names render the domain name reseller market niche so alluring. You will either receive a ready-made website and utilize the Registrar system to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can make your own web portal and order form. Normally, you have the option to pick between the 2 options, so it all depends on how skillful you are in these matters. As a domain reseller, you will work under your very own brand name and not on behalf of the Registrar's brand.
Gain Money From Trading Hosting Solutions Too
A good supplement to your domain reseller business would be to sell web hosting services as well. Thus, you can give a package deal to people who desire to build their online portal and demand both a domain and a hosting plan. A number of firms have such options. With 'ResellersPanel', for instance, you can have a VPS or a dedicated server, and they will also offer you a domain reseller account and cost-free billing software to charge your clients. You can then sell domains and shared hosting accounts to customers, and since they offer lots of different domain extensions, you will be able to offer domain name and hosting services to customers from all over the world.