Domain name reseller
The Internet is an ever-developing system that offers new ways to make cash online. One of these opportunities is to become a domain name reseller and offer domain names to end clients, making profit from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each and every day, and there are 1 000 000's of currently functioning domain names, so this is a blooming marketing niche that you can become a part of.
Top-Level and Second-Level Domains
A domain consists of 2 constituents - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The gTLDs include the most popular domain name extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs contain 2-letter abbreviations that correspond to each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a country-code TLD, has a Registry - an organization that tackles the registrations and determines the prerequisites that each particular Top-Level Domain may have, including the duration of the registration term or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the firms that actually offer the domain name to customers and handle all domain name resource records.
Make Money From Offering Domains
Plenty of Registrars have reseller programs that enable people to earn profit from offering domain names to end users. If you register with such a program, you can kickstart your own personal e-business. Typically, a domain name will be more inexpensive if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end client. The explanation is that resellers can reach more users in regions or countries where the Registrar may not be known at all. This implies more sales for the Registrar, so both sides will cash in on that. Your profit will be the difference between the price that the client pays and the one that the Registrar charges for the domain name registration.
Offer Domain Names Under Your Very Own Brand
When you register with a domain name reseller program, you will receive a site hosting CP where you can select the prices for the specific Top-Level Domains that the Registrar offers. Most companies also offer invoicing software and skins for your web shop, and the automation of the whole process coupled with the increasing demand for domains make the domain name reseller market niche so desirable. You will either get a ready-made website and use the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your very own personal web portal and order form. Normally, you have the option to select between the two alternatives, so it all depends on how practiced you are in these issues. As a domain reseller, you will do business under your own brand and not under the Registrar's brand.
Gain Cash From Offering Website Hosting Solutions Too
An appropriate 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 launch their site and need both a domain and a hosting plan. A number of companies supply such options. With 'ResellersPanel', for example, you can run a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and free billing software to bill your clients. You can then offer top-level domain names and shared hosting packages to clients, and since they provide a lot of different domain name extensions, you will be able to offer domain name and hosting services to clients from all around the globe.