Domain name reseller
The Internet is an ever-increasing community that offers new options to make money on the Internet. One of them is to be a domain name reseller and sell domains to end clients, making revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered each and every day, and there are millions of presently functioning domains, so this is a growing marketing niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain involves 2 pieces - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic Top-Level Domains comprise the most widespread domain name extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs consist of two-character abbreviations that stand for each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code Top-Level Domain, has a Registry - an organization that is responsible for the registrations and determines the prerequisites that each particular TLD may involve, among them the duration of the registration term or the citizenship of the registrant. A number of Registrar firms work under the Registry. These are the firms that actually offer the domain name to clients and manage all domain resource records.
Earn Cash From Offering Domain Names
Many Registrars have reseller programs that allow individuals to make money from selling domain names to end customers. If you subscribe to such a program, you can commence your own online business. As a rule, a domain name will be cheaper if it is registered via a reseller rather than if it is bought directly from the Registrar by an end user. The cause is that resellers can reach more individuals in local communities or countries where the Registrar may not be known at all. This means more sales for the Registrar, so both sides will benefit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar charges for the domain registration.
Resell Top-Level Domains On Behalf Of Your Very Own Trademark Name
When you subscribe to a domain name reseller program, you will receive a web site hosting CP where you can set the prices for the various TLDs that the Registrar provides. Most companies also offer billing management software and website skins for your virtual store, and the automation of the whole process coupled with the huge demand for domain names make the domain reseller market so seductive. You will either get a pre-developed web site and avail of the Registrar platform to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your own personal online portal and form for placing orders. Generally, you have the opportunity to decide between the two options, so it all depends on how accomplished you are in these affairs. As a domain name reseller, you will sell on behalf of your personal brand and not under the Registrar's brand.
Make Revenue From Promoting Hosting Accounts Too
A sensible supplement to your domain name reseller business would be to sell web hosting services too. Thus, you can give a package deal to individuals who wish to launch their web portal and require both a domain and a webspace hosting package. Some corporations provide such options. With 'ResellersPanel', for example, you can run a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and charge-free invoice transaction software to bill your customers. You can then sell TLDs and shared hosting packages to clients, and since they provide lots of different domain extensions, you will be able to offer domain and hosting services to customers from all around the world.