Domain name reseller
The World Wide Web is an ever-increasing community that offers new ways to earn cash on the Web. One of these ways is to become a domain reseller and sell domains to end users, earning profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered each and every day, and there are millions of currently active domain names, so this is a developing marketing niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain name includes two parts - a top-level domain name (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.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic TLDs comprise the best known domain extensions like .com, .net, .org, .mobi, .info, while the ccTLDs comprise 2-letter abbreviations that signify 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 generic TLD or a country-code one, has a Registry - an institution that manages the registrations and sets the preconditions that each specific Top-Level Domain may have, such as the duration of the registration term or the citizenship of the registrant. A number of Registrar corporations operate under the Registry. These are the firms that actually offer the domain name to customers and manage all domain name records.
Gain Revenue From Selling Domains
Many Registrars have reseller programs that enable people to make cash from offering domain names to end clients. If you register with such a program, you can set up your very own e-business. Usually, a domain will be cheaper if it is registered through a reseller rather than if it is bought straight from the Registrar by an end user. The reason is that resellers can reach more users in local regions or states where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both sides will cash in on that. Your profit will be the difference between the price that the user pays and the one that the Registrar requires for the domain registration.
Trade Domain Names Under Your Personal Trademark Name
When you sign up for a domain reseller program, you will acquire a hosting CP where you can set the prices for the specific top-level domain names that the Registrar offers. Most firms also provide invoice transaction software and web skins for your virtual shop, and the automation of the entire procedure combined with the swelling demand for domains make the domain name reseller market niche so alluring. You will either acquire a ready-made website and make use of the Registrar system to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can set up your own web portal and order form. Typically, you have the option to choose between the two alternatives, so it all depends on how accomplished you are in these issues. As a domain name reseller, you will sell on behalf of your own brand name and not under the Registrar's.
Make Cash From Selling Hosting Solutions Too
A sensible addition to your domain reseller business would be to sell web hosting packages as well. Thereby, you can offer a package deal to clients who would like to create their site and require both a domain name and a web space hosting account. Given firms have such options. With 'ResellersPanel', for instance, you can manage a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and free-of-charge invoicing software to charge your customers. You can then sell top-level domain names and shared hosting plans to customers, and since they provide many diverse domain name extensions, you will be able to provide domain and hosting services to clients from all over the globe.