Domain name reseller
The World Wide Web is an ever-enlarging community that delivers new opportunities to gain money online. One of them is to become a domain name reseller and offer domains to end customers, generating revenue from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered each and every day, and there are millions of presently functioning domains, so this is a thriving marketing niche that you can be a part of.
TLDs and SLDs
A domain contains 2 constituents - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the second-level domain name.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic Top-Level Domains comprise the most conventional domain extensions like .com, .net, .org, .mobi, .info, while the ccTLDs comprise 2-letter abbreviations that correspond to each country. Examples of country-code Top-Level Domains 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 top-level domain name, has a Registry - an institution that deals with the registrations and sets the prerequisites that each particular top-level domain name may have, such as the duration of the registration term or the citizenship of the registrant. A number of Registrar firms operate under the Registry. These are the firms that actually offer the domain name to clients and handle all domain records.
Earn Profit From Offering Domain Names
Many Registrars have reseller programs that permit individuals to make cash from offering domains to end customers. If you subscribe to such a program, you can launch your very own personal web business. Generally, a domain name will be cheaper if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end client. The explanation is that resellers can contact more people in local regions or countries where the Registrar may not be famous at all. This means more sales for the Registrar, so both parties will earn a profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar levies for the domain name registration.
Trade Domains On Behalf Of Your Personal Brand
When you register with a domain name reseller program, you will have a website hosting Control Panel where you can select the prices for the separate Top-Level Domains that the Registrar provides. Most firms also provide billing management software and website templates for your web store, and the automation of the entire process coupled with the strong demand for domains make the domain reseller market niche so seductive. You will either receive a pre-developed site and avail of the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can create your own personal web page and form for placing orders. Traditionally, you have the opportunity to pick between the 2 options, so it all revolves around how practiced you are in these issues. As a domain reseller, you will sell under your own brand name and not under the Registrar's brand.
Make Revenue From Providing Website Hosting Plans Too
A suitable addition to your domain reseller business would be to sell web hosting services as well. Thereby, you can offer a package deal to persons who desire to build their site and demand both a domain name and a webspace hosting package. Some corporations have such options. With 'ResellersPanel', for instance, you can run a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and cost-free invoice transaction software to charge your customers. You can then sell domains and shared hosting plans to customers, and since they provide lots of diverse domain name extensions, you will be able to offer domain and hosting services to individuals from all around the world.