Domain name reseller
The Internet is an ever-developing system that generates new opportunities to make money online. One of them is to be a domain name reseller and sell domains to end customers, generating revenue from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered every day, and there are millions of presently functioning domains, so this is an enlarging marketing niche that you can become a part of.
Top-Level and Second-Level Domains
A domain includes two parts - a top-level domain name (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 second-level domain name.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic TLDs include the most famous domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names consist of two-character abbreviations that correspond to each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a country-code TLD, has a Registry - an institution that deals with the registrations and determines the requirements that each given top-level domain name may have, among them the duration of the registration term or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the corporations that in fact sell the domain name to clients and handle all domain records.
Gain Money From Selling Domain Names
A lot of Registrars have reseller programs that allow people to gain revenue from offering domains to end users. If you register with such a program, you can build your very own personal e-business. Generally, a domain name will be cheaper if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end user. The reason is that resellers can reach more customers in provinces or countries where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides will cash in on that. Your revenue will be the difference between the price that the client pays and the one that the Registrar levies for the domain name registration.
Offer Domains Under Your Own Personal Brand Name
When you register with a domain name reseller program, you will get a webspace hosting Control Panel where you can fix the prices for the separate Top-Level Domains that the Registrar offers. Most firms also offer invoicing transaction software and site templates for your online store, and the automation of the entire process combined with the increasing demand for domain names make the domain name reseller market so seductive. You will either obtain a turn-key website and make use of the Registrar system to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can create your very own personal online portal and form for placing orders. Traditionally, you have the option to pick between the two possibilities, so it all depends on how experienced you are in these matters. As a domain name reseller, you will work under your personal brand and not on behalf of the Registrar's.
Earn Money From Selling Webspace Hosting Accounts As Well
A nice addition to your domain reseller business would be to sell web hosting packages too. Thus, you can give a package deal to individuals who desire to establish their website and need both a domain and a web hosting plan. A number of companies offer such options. With 'ResellersPanel', for instance, you can buy a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and charge-free invoicing transaction software to charge your clients. You can then sell domains and shared hosting packages to customers, and since they provide a lot of different domain extensions, you will be able to offer domain and hosting services to customers from all around the globe.