Domain name reseller
The Internet is an ever-expanding system that furnishes new possibilities to earn cash online. One of these ways is to be a domain reseller and sell domains to end clients, earning profit from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered each day, and there are millions of presently functioning domain names, so this is a growing marketing niche that you can be a part of.
Top-Level and Second-Level Domains
A domain name is made of two constituents - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The gTLDs include the most famous domain extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs consist of two-character abbreviations that denote each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code top-level domain name, has a Registry - an organization that is responsible for the registrations and sets the preconditions that each concrete top-level domain name may contain, 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 in fact sell the domain name to clients and manage all domain name records.
Gain Money From Reselling Domain Names
A lot of Registrars have reseller programs that allow individuals to make profit from selling domain names to end users. If you sign up for such a program, you can start your own personal Internet business. Generally, a domain will cost less if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end user. The cause is that resellers can contact more users in areas or countries where the Registrar may not be known at all. This implies more sales for the Registrar, so both parties will earn 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.
Sell Domain Names On Behalf Of Your Very Own Brand
When you register with a domain reseller program, you will have a hosting Control Panel where you can choose the prices for the individual Top-Level Domains that the Registrar provides. Most firms also provide invoice transaction software and design skins for your online shop, and the automation of the entire process together with the vast demand for domain names render the domain reseller market so desirable. You will either acquire a pre-built site and avail of the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your very own personal website and order form. Generally, you have the option to decide between the two options, so it all depends on how experienced you are in these things. As a domain reseller, you will work under your own personal brand and not on behalf of the Registrar's.
Make Money From Promoting Website Hosting Packages As Well
A suitable supplement to your domain name reseller business would be to sell web hosting packages as well. Thereby, you can give a package deal to customers who want to have their web site and require both a domain and a web space hosting package. Certain companies offer such options. With 'ResellersPanel', for instance, you can have a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and free-of-cost invoicing transaction software to charge your customers. You can then offer Top-Level Domains and shared web hosting accounts to clients, and since they provide many different domain name extensions, you will be able to provide domain and hosting services to individuals from all over the globe.