Domain name reseller
The Internet is an ever-enlarging platform that supplies new options to make money on the Internet. One of them is to become a domain reseller and offer domains to end clients, earning revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered each and every day, and there are millions of presently functioning domain names, so this is a blooming marketing niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain is composed of two entities - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic TLDs include the best known domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs comprise 2-letter abbreviations that symbolize 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 TLD or a country-code Top-Level Domain, has a Registry - an institution that handles the registrations and sets the prerequisites that each specific top-level domain name may involve, like the duration of the registration period or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the companies that actually sell the domain name to customers and administer all domain records.
Make Money From Reselling Domains
Plenty of Registrars have reseller programs that enable individuals to make profit from selling domains to end clients. If you subscribe to such a program, you can kick off your own personal e-business. Generally, a domain will be cheaper if it is registered through 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 regional communities or countries where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both parties will benefit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar requires for the domain name registration.
Offer Domain Names Under Your Own Brand Name
When you sign up for a domain name reseller program, you will get a hosting CP where you can determine the prices for the separate TLDs that the Registrar offers. Most companies also offer billing software and themes for your virtual store, and the automation of the entire process together with the large demand for domain names make the domain name reseller market niche so attractive. You will either have a pre-made web site and avail of the Registrar platform to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can make your very own portal and order form. Generally, you have the option to choose between the 2 options, so it all depends on how trained you are in these things. As a domain reseller, you will work under your personal brand name and not under the Registrar's brand.
Earn Cash From Promoting Web Space Hosting Solutions Too
A nice addition to your domain reseller business would be to sell web hosting plans too. Thus, you can give a package deal to individuals who desire to launch their site and require both a domain and a web hosting account. Particular firms have such options. With 'ResellersPanel', for instance, you can purchase a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and free billing transaction software to bill your clients. You can then offer TLDs and shared website hosting packages to customers, and since they offer lots of diverse domain name extensions, you will be able to offer domain name and hosting services to persons from all over the globe.