Domain name reseller
The World Wide Web is an ever-expanding community that offers new options to gain money on the Web. One of these opportunities is to become a domain name reseller and offer domain names to end users, making profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered every day, and there are millions of presently functioning domains, so this is a flourishing marketing niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain involves 2 entities - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the SLD.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic TLDs include the most widely used domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names include 2-letter abbreviations that represent each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code Top-Level Domain, has a Registry - an organization that administers the registrations and determines the preconditions that each particular Top-Level Domain may contain, such as the length of the registration term or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the corporations that actually offer the domain name to clients and manage all domain resource records.
Make Money From Trading Domain Names
Plenty of Registrars have reseller programs that enable people to make profit from selling domain names to end clients. If you sign up for such a program, you can establish your very own electronic business. As a rule, a domain name will be cheaper if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end client. The reason is that resellers can reach more individuals in regional districts or states where the Registrar may not be known at all. This implies more sales for the Registrar, so both sides will make a profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar charges for the domain registration.
Sell Top-Level Domains Under Your Very Own Brand Name
When you sign up for a domain name reseller program, you will get a hosting CP where you can fix the prices for the different top-level domain names that the Registrar offers. Most companies also offer invoice software and site themes for your online storefront, and the automation of the entire procedure combined with the significant demand for domains make the domain name reseller market niche so seductive. You will either receive a pre-developed website and use the Registrar platform to resell domains, or they will give you access to their API (Application Programming Interface) so that you can create your own personal website and form for placing orders. Normally, you have the option to pick between the 2 alternatives, so it all depends on how practiced you are in these things. As a domain name reseller, you will sell on behalf of your personal trademark name and not on behalf of the Registrar's brand.
Earn Revenue From Selling Webspace Hosting Accounts As Well
An adequate supplement to your domain name reseller business would be to sell web hosting packages as well. In this way, you can offer a package deal to people who would like to launch their online portal and demand both a domain name and a web page hosting account. Some firms offer such options. With 'ResellersPanel', for example, you can purchase a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and free billing transaction software to bill your customers. You can then offer domain names and shared web hosting accounts to customers, and since they offer lots of different domain extensions, you will be able to provide domain name and hosting services to clients from all around the world.