Domain reseller
The World Wide Web is an ever-increasing community that delivers new possibilities to earn money on the Internet. One of these opportunities is to become a domain reseller and sell domains to end users, gaining profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered every day, and there are millions of currently functioning domain names, so this is a developing marketing niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain name involves 2 constituents - a top-level domain name (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 SLD.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic top-level domain names comprise the most popular domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains include 2-character abbreviations that signify each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a country-code one, has a Registry - an institution that manages the registrations and sets the requirements that each particular top-level domain name may involve, like the duration of the registration period or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the firms that actually sell the domain name to customers and handle all DNS resource records.
Make Profit From Trading Domain Names
Plenty of Registrars have reseller programs that permit individuals to gain revenue from selling domains to end customers. If you sign up for such a program, you can set up your very own personal e-business. Commonly, a domain name will be more inexpensive if it is registered via a reseller rather than if it is bought straight from the Registrar by an end customer. The reason is that resellers can contact more customers in local districts or countries where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both parties will cash in on that. Your profit will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain name registration.
Sell TLDs Under Your Very Own Personal Brand
When you subscribe to a domain name reseller program, you will obtain a Control Panel where you can choose the prices for the various TLDs that the Registrar offers. Most corporations also provide billing software and templates for your web shop, and the automation of the entire procedure together with the expanding demand for domains make the domain name reseller business niche so alluring. You will either obtain a pre-made web site and utilize the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your very own personal online portal and form for placing orders. Typically, you have the option to pick between the 2 alternatives, so it all revolves around how skilled you are in these issues. As a domain name reseller, you will do business on behalf of your personal brand name and not under the Registrar's.
Gain Profit From Offering Hosting Services Too
A relevant addition to your domain reseller business would be to sell web hosting packages as well. Thereby, you can give a package deal to people who want to develop their web page and demand both a domain and a web space hosting account. Some corporations have such options. With 'ResellersPanel', for example, you can buy a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and free billing software to bill your clients. You can then offer Top-Level Domains and shared website hosting accounts to clients, and since they offer lots of different domain extensions, you will be able to provide domain and hosting services to customers from all over the globe.