Domain name reseller
The World Wide Web is an ever-flourishing platform that delivers new options to make money on the Web. One of these ways is to be a domain reseller and sell domains to end users, gaining profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domains are registered each and every day, and there are 1 000 000's of presently active domain names, so this is a developing marketing niche that you can become a part of.
TLDs and SLDs
A domain consists of 2 parts - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The gTLDs comprise the most common domain name extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names contain 2-character abbreviations that denote each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a country-code TLD, has a Registry - an institution that deals with the registrations and sets the preconditions that each particular top-level domain name may entail, including the length of the registration term or the residency of the registrant. Certain Registrar companies operate under the Registry. These are the firms that actually offer the domain name to customers and handle all domain name records.
Gain Revenue From Trading Domains
Multiple Registrars have reseller programs that enable individuals to gain cash from offering domain names to end clients. If you register with such a program, you can kick off your very own personal e-business. Typically, a domain will be more inexpensive if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end user. The cause is that resellers can contact more persons in local communities or states where the Registrar may not be famous at all. This means more sales for the Registrar, so both sides will make a profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain name registration.
Offer Top-Level Domains Under Your Own Personal Brand Name
When you sign up for a domain name reseller program, you will acquire a web space hosting CP where you can fix the prices for the individual TLDs that the Registrar offers. Most companies also offer invoice transaction software and website skins for your online shop, and the automation of the entire procedure coupled with the great demand for domains render the domain name reseller market niche so seductive. You will either acquire a ready-for-use web site 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 build your very own personal web portal and form for placing orders. Traditionally, you have the opportunity to choose between the 2 alternatives, so it all depends on how skillful you are in these matters. As a domain name reseller, you will do business under your very own brand name and not under the Registrar's brand.
Earn Revenue From Reselling Site Hosting Accounts Too
An appropriate supplement to your domain reseller business would be to sell web hosting plans too. Thus, you can give a package deal to people who desire to create their web portal and require both a domain name and a site hosting package. Particular companies offer such options. With 'ResellersPanel', for example, you can order a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and charge-free invoice transaction software to charge your clients. You can then sell top-level domain names and shared web hosting packages to customers, and since they offer a lot of different domain extensions, you will be able to offer domain and hosting services to customers from all around the world.