Domain name reseller
The World Wide Web is an ever-flourishing platform that generates new opportunities to earn money on the Internet. One of these options is to be a domain name reseller and sell domains to end users, generating profit from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered each day, and there are 1 000 000's of presently functioning domains, so this is a developing marketing niche that you can be engaged in.
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 take domain.com, for instance, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic Top-Level Domains include the most widely used domain extensions like .com, .net, .org, .mobi, .info, while the ccTLDs include 2-character abbreviations that denote each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a country-code one, has a Registry - an organization that manages the registrations and determines the preconditions that each particular TLD may entail, among them the duration of the registration period or the citizenship of the registrant. A number of Registrar firms operate under the Registry. These are the companies that actually sell the domain name to clients and administer all domain resource records.
Gain Cash From Trading Domain Names
Numerous Registrars have reseller programs that enable individuals to make cash from offering domain names to end clients. If you sign up for such a program, you can commence your own personal online business. Typically, a domain name will be more inexpensive if it is registered through a reseller rather than if it is bought straight from the Registrar by an end user. The cause is that resellers can contact more clients in local regions or countries where the Registrar may not be famous at all. This implies 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 client pays and the one that the Registrar charges for the domain registration.
Offer TLDs On Behalf Of Your Very Own Personal Brand
When you subscribe to a domain reseller program, you will obtain a web space hosting Control Panel where you can select the prices for the individual TLDs that the Registrar provides. Most companies also provide invoice transaction software and layouts for your virtual shop, and the automation of the entire procedure combined with the proliferating demand for domains render the domain name reseller business niche so seductive. You will either acquire a ready-made site and avail of the Registrar platform to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your very own portal and order form. Typically, you have the option to decide between the 2 possibilities, so it all revolves around how skillful you are in these matters. As a domain reseller, you will do business under your very own trademark name and not on behalf of the Registrar's.
Earn Profit From Reselling Hosting Plans Too
An adequate addition to your domain name reseller business would be to sell web hosting packages too. Thereby, you can offer a package deal to persons who want to manage their web site and require both a domain and a hosting package. Some corporations provide such options. With 'ResellersPanel', for instance, you can have a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and cost-free invoicing software to bill your clients. You can then offer domains and shared web hosting accounts to customers, and since they offer lots of different domain name extensions, you will be able to offer domain name and hosting services to persons from all over the world.