Domain name reseller
The Internet is an ever-increasing platform that supplies new options to gain money on the Web. One of these ways is to become a domain reseller and sell domains to end customers, earning revenue from the difference between the wholesale and the retail price of each and every domain name. 1000's of domains are registered each day, and there are millions of currently functioning domains, so this is a flourishing marketing niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain consists of two entities - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the second-level domain name.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic top-level domain names include the most widely used domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names are composed of 2-character abbreviations that symbolize each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code TLD, has a Registry - an organization that administers the registrations and determines the prerequisites that each given top-level domain name may have, among them the duration of the registration period or the residency of the registrant. A number of Registrar firms work under the Registry. These are the companies that in fact offer the domain name to customers and manage all domain name records.
Make Cash From Selling Domains
Multiple Registrars have reseller programs that allow people to gain profit from offering domains to end users. If you register with such a program, you can start your very own web business. As a rule, a domain name will be cheaper if it is registered via a reseller rather than if it is bought straight from the Registrar by an end customer. The explanation is that resellers can reach more people in local regions or countries where the Registrar may not be popular at all. This means more sales for the Registrar, so both parties will profit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar levies for the domain registration.
Sell Domain Names On Behalf Of Your Own Personal Brand Name
When you subscribe to a domain reseller program, you will obtain a hosting CP where you can fix the prices for the various top-level domain names that the Registrar provides. Most firms also offer invoice transaction software and web site themes for your virtual storefront, and the automation of the whole procedure together with the significant demand for domain names make the domain name reseller market niche so tempting. You will either have a ready-to-use site and avail of the Registrar system to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can set up your very own personal web portal and form for placing orders. Normally, you have the option to select between the two possibilities, so it all revolves around how practiced you are in these things. As a domain name reseller, you will work on behalf of your personal trademark name and not on behalf of the Registrar's brand.
Make Profit From Providing Web Space Hosting Packages As Well
A logical supplement to your domain reseller business would be to sell web hosting packages as well. Thereby, you can offer a package deal to users who would like to set up their web portal and require both a domain name and a site hosting plan. Particular corporations 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 charge-free invoice transaction software to bill your clients. You can then offer domain names and shared hosting accounts to customers, and since they provide plenty of different domain extensions, you will be able to provide domain name and hosting services to people from all over the globe.