Domain name reseller
The Internet is an ever-enlarging system that generates new ways to gain money on the Internet. One of them is to become a domain name reseller and sell domain names to end clients, gaining revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each day, and there are 1 000 000's of presently active domain names, so this is a flourishing marketing niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain comprises 2 components - 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 and "domain" is the SLD.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The gTLDs comprise the most widespread domain name extensions such as .com, .net, .org, .mobi, .info, whereas 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 one, has a Registry - an organization that is responsible for the registrations and sets the requirements that each given top-level domain name may involve, including the duration of the registration period or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the companies that in fact sell the domain name to customers and administer all domain records.
Make Money From Selling Domains
Lots of Registrars have reseller programs that enable individuals to gain revenue from selling domain names to end users. If you register with such a program, you can initiate your very own online business. Commonly, a domain will be cheaper if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end user. The explanation is that resellers can reach more people in local districts or states where the Registrar may not be popular at all. This implies 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 customer pays and the one that the Registrar imposes for the domain registration.
Trade Top-Level Domains On Behalf Of Your Very Own Brand Name
When you register with a domain reseller program, you will get a web site hosting Control Panel where you can set the prices for the various TLDs that the Registrar provides. Most firms also provide invoice transaction software and site templates for your virtual shop, and the automation of the entire procedure together with the large demand for domains render the domain reseller business niche so tempting. You will either obtain a pre-developed website and make use of the Registrar platform to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your very own personal portal and form for placing orders. Generally, you have the opportunity to decide between the two options, so it all depends on how trained you are in these matters. As a domain name reseller, you will sell on behalf of your own personal brand and not under the Registrar's brand.
Gain Money From Providing Webspace Hosting Accounts As Well
An appropriate supplement to your domain name reseller business would be to sell web hosting packages too. Thus, you can offer a package deal to clients who wish to create their web portal and need both a domain and a web site hosting package. A number of corporations supply such options. With 'ResellersPanel', for instance, you can order a VPS or a dedicated server, and they will also give you a domain reseller account and cost-free invoice transaction software to bill your customers. You can then sell domain names and shared website hosting packages to clients, and since they provide a lot of different domain name extensions, you will be able to provide domain name and hosting services to customers from all around the world.