Domain name reseller
The Internet is an ever-increasing network that supplies new ways to make cash on the Web. One of these ways is to become a domain reseller and sell domains to end clients, generating profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered each and every day, and there are 1 000 000's of currently active domain names, so this is a flourishing marketing niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain is composed of two components - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic TLDs comprise the most conventional domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains contain 2-character abbreviations that denote each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a ccTLD, has a Registry - an organization that deals with the registrations and sets the requirements that each particular TLD may involve, like the length of the registration term or the citizenship of the registrant. Certain Registrar companies work under the Registry. These are the companies that actually sell the domain name to customers and handle all domain name resource records.
Earn Profit From Trading Domain Names
Lots of Registrars have reseller programs that allow people to earn revenue from offering domain names to end clients. If you sign up for such a program, you can launch your own personal e-business. Typically, a domain will cost less if it is registered via a reseller rather than if it is bought directly from the Registrar by an end customer. The cause is that resellers can contact more persons in local regions or states where the Registrar may not be popular at all. This means more sales for the Registrar, so both parties will earn a profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar charges for the domain name registration.
Resell Top-Level Domains Under Your Own Personal Trademark Name
When you register with a domain name reseller program, you will have a Control Panel where you can select the prices for the specific Top-Level Domains that the Registrar provides. Most corporations also offer invoice management software and web page themes for your online store, and the automation of the entire process coupled with the immense demand for domains make the domain name reseller business niche so seductive. You will either acquire a pre-built site and utilize the Registrar platform to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can set up your own personal portal and order form. Usually, you have the opportunity to pick between the 2 alternatives, so it all depends on how experienced you are in these things. As a domain reseller, you will do business under your very own brand name and not on behalf of the Registrar's.
Gain Profit From Supplying Web Site Hosting Services As Well
A suitable supplement to your domain reseller business would be to sell web hosting services as well. Thereby, you can offer a package deal to customers who wish to make their online portal and require both a domain name and a web site hosting account. A number of firms furnish such options. With 'ResellersPanel', for example, you can manage a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and free invoicing transaction software to bill your customers. You can then sell domains and shared hosting plans to customers, and since they offer many diverse domain extensions, you will be able to offer domain and hosting services to clients from all over the globe.