Domain name reseller
The World Wide Web is an ever-expanding community that delivers new opportunities to make cash online. One of these opportunities is to be a domain name reseller and sell domains to end clients, gaining revenue from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered each and every day, and there are millions of currently functioning domain names, so this is an expanding marketing niche that you can be involved in.
Top-Level and Second-Level Domains
A domain name is made of two components - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic top-level domain names include the best known domain extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs contain 2-letter abbreviations that stand for each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a country-code one, has a Registry - an organization that tackles the registrations and determines the preconditions that each concrete Top-Level Domain may contain, including the duration of the registration term or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the corporations that actually sell the domain name to clients and manage all domain name records.
Make Money From Offering 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 commence your own web business. Usually, a domain name will be more inexpensive if it is registered through a reseller rather than if it is bought directly from the Registrar by an end client. The reason is that resellers can contact more clients in regions or countries where the Registrar may not be known at all. This means more sales for the Registrar, so both parties will profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar levies for the domain name registration.
Sell Top-Level Domains Under Your Personal Trademark Name
When you subscribe to a domain name reseller program, you will receive a website hosting Control Panel where you can fix the prices for the different top-level domain names that the Registrar provides. Most corporations also offer billing software and themes for your online store, and the automation of the whole procedure combined with the proliferating demand for domain names render the domain reseller market so desirable. You will either obtain a turn-key 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 set up your own web site and order form. Typically, you have the opportunity to choose between the two options, so it all depends on how expert you are in these things. As a domain reseller, you will do business on behalf of your very own personal brand name and not on behalf of the Registrar's brand.
Make Profit From Supplying Hosting Accounts As Well
A logical supplement to your domain reseller business would be to sell web hosting accounts as well. Thereby, you can offer a package deal to clients who desire to set up their online portal and require both a domain name and a site hosting plan. A number of firms furnish such options. With 'ResellersPanel', for example, you can purchase a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and charge-free invoicing software to charge your clients. You can then sell Top-Level Domains and shared website hosting accounts to clients, and since they provide lots of different domain name extensions, you will be able to offer domain and hosting services to people from all over the globe.