Domain name reseller
The Internet is an ever-developing platform that generates new possibilities to make cash on the Web. One of them is to become a domain name reseller and offer domains to end users, gaining revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered every day, and there are millions of presently active domain names, so this is a flourishing marketing niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain includes two pieces - 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 TLDs
The Top-Level Domains can be generic or country code. The gTLDs comprise the most conventional domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains contain two-character 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, whether it is a generic TLD or a country-code top-level domain name, has a Registry - an organization that is responsible for the registrations and sets the requirements that each specific top-level domain name may entail, like the duration of the registration term or the residency of the registrant. Certain Registrar firms operate under the Registry. These are the firms that in fact offer the domain name to customers and administer all domain resource records.
Earn Revenue From Offering Domain Names
Many Registrars have reseller programs that allow individuals to gain profit from offering domains to end users. If you register with such a program, you can commence your own e-business. Regularly, a domain will be more inexpensive if it is registered via a reseller rather than if it is bought straight from the Registrar by an end customer. The cause is that resellers can reach more customers in regional communities or countries where the Registrar may not be popular at all. This implies more sales for the Registrar, so both parties will take advantage of that. Your profit will be the difference between the price that the user pays and the one that the Registrar charges for the domain registration.
Trade Domain Names Under Your Own Personal Brand Name
When you subscribe to a domain reseller program, you will get a website hosting CP where you can fix the prices for the specific top-level domain names that the Registrar offers. Most corporations also offer billing software and web design skins for your virtual shop, and the automation of the entire procedure coupled with the swelling demand for domain names make the domain reseller business so desirable. You will either receive a pre-developed website and avail of the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can set up your own personal site and order form. Normally, you have the opportunity to pick between the 2 possibilities, so it all depends on how expert you are in these issues. As a domain name reseller, you will do business on behalf of your own personal trademark name and not under the Registrar's brand.
Make Revenue From Promoting Hosting Services Too
A good supplement to your domain reseller business would be to sell web hosting services too. Thus, you can offer a package deal to people who wish to develop their website and demand both a domain and a web hosting package. Certain firms provide such options. With 'ResellersPanel', for instance, you can buy a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and free-of-charge invoice management software to bill your clients. You can then offer domain names and shared web hosting plans to customers, and since they offer lots of diverse domain name extensions, you will be able to provide domain and hosting services to clients from all around the world.