Domain name reseller
The Internet is an ever-flourishing system that generates new opportunities to make cash on the Web. One of these opportunities is to become a domain name reseller and offer domain names to end users, gaining profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered each and every day, and there are millions of presently active domains, so this is a flourishing marketing niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain name includes 2 parts - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic top-level domain names comprise the most widely used domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names include two-letter abbreviations that represent each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a country-code one, has a Registry - an institution that deals with the registrations and sets the prerequisites that each specific TLD may have, such as the duration of the registration period or the residency of the registrant. Certain Registrar firms operate under the Registry. These are the corporations that actually offer the domain name to clients and manage all domain resource records.
Make Cash From Reselling Domain Names
Numerous Registrars have reseller programs that permit individuals to gain profit from selling domains to end users. If you subscribe to such a program, you can start your very own web business. Usually, a domain will be more inexpensive if it is registered via 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 local districts or states where the Registrar may not be popular at all. This means more sales for the Registrar, so both parties will cash in on that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar requires for the domain name registration.
Offer TLDs On Behalf Of Your Personal Trademark Name
When you register with a domain reseller program, you will get a hosting Control Panel where you can settle the prices for the various top-level domain names that the Registrar offers. Most companies also offer billing software and web page templates for your online store, and the automation of the entire process combined with the immense demand for domain names render the domain reseller market niche so attractive. You will either receive a pre-built site and utilize the Registrar system to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can set up your own personal web site and form for placing orders. Generally, you have the opportunity to pick between the 2 alternatives, so it all revolves around how skilled you are in these affairs. As a domain name reseller, you will do business on behalf of your own brand and not on behalf of the Registrar's.
Gain Profit From Reselling Site Hosting Accounts Too
A logical addition to your domain reseller business would be to sell web hosting solutions as well. Thus, you can offer a package deal to persons who wish to create their web site and demand both a domain name and a webspace hosting account. Given firms offer such options. With 'ResellersPanel', for instance, you can order a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost invoice transaction software to bill your customers. You can then offer domain names and shared web hosting plans to customers, and since they offer plenty of different domain name extensions, you will be able to offer domain and hosting services to individuals from all around the world.