Domain reseller
The World Wide Web is an ever-flourishing network that furnishes new possibilities to gain cash on the Web. One of these ways is to become a domain name reseller and offer domains to end clients, making profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered every day, and there are millions of currently functioning domains, so this is a blooming marketing niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain name contains 2 components - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic TLDs comprise the most conventional domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names contain two-letter abbreviations that symbolize each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a country-code Top-Level Domain, has a Registry - an organization that tackles the registrations and determines the requirements that each concrete top-level domain name may impose, among them the length of the registration term or the citizenship of the registrant. Certain Registrar companies operate under the Registry. These are the corporations that actually sell the domain name to clients and administer all domain resource records.
Make Profit From Reselling Domains
Lots of Registrars have reseller programs that enable people to earn revenue from selling domain names to end users. If you subscribe to such a program, you can build your own e-business. Typically, a domain name will cost less if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end customer. The reason is that resellers can reach more users in regional communities or states where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both parties will take advantage of that. Your revenue will be the difference between the price that the client pays and the one that the Registrar levies for the domain name registration.
Trade Domains Under Your Very Own Personal Brand
When you sign up for a domain reseller program, you will have a site hosting CP where you can determine the prices for the different Top-Level Domains that the Registrar provides. Most companies also offer invoice transaction software and design themes for your virtual storefront, and the automation of the whole process combined with the immense demand for domains render the domain reseller industry so attractive. You will either acquire a pre-made website and utilize the Registrar platform to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can make your very own online portal and form for placing orders. Typically, you have the opportunity to select between the two possibilities, so it all depends on how trained you are in these issues. As a domain name reseller, you will work under your own brand name and not on behalf of the Registrar's brand.
Make Money From Offering Website Hosting Packages As Well
A nice supplement to your domain name reseller business would be to sell web hosting plans as well. In this way, you can offer a package deal to people who would like to build their web site and need both a domain and a web page hosting account. Certain corporations supply such options. With 'ResellersPanel', for instance, you can have a VPS or a dedicated server, and they will also offer you a domain reseller account and free invoice transaction software to charge your customers. You can then offer TLDs and shared website hosting accounts to clients, and since they offer lots of diverse domain name extensions, you will be able to provide domain and hosting services to people from all around the globe.