Domain name reseller
The World Wide Web is an ever-enlarging system that delivers new possibilities to gain cash online. One of them is to be a domain name reseller and offer domains to end customers, gaining revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered each and every day, and there are millions of currently functioning domains, so this is a flourishing marketing niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain includes 2 entities - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic Top-Level Domains include the most popular domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names involve 2-letter abbreviations that correspond to each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code TLD, has a Registry - an institution that deals with the registrations and determines the preconditions that each particular TLD may entail, including the length of the registration term or the residency of the registrant. A number of Registrar companies work under the Registry. These are the companies that in fact offer the domain name to customers and administer all domain records.
Make Revenue From Trading Domain Names
Plenty of Registrars have reseller programs that allow people to earn money from selling domain names to end users. If you subscribe to such a program, you can initiate your own personal web business. Generally, a domain 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 cause is that resellers can contact more people in local districts or states where the Registrar may not be known at all. This means more sales for the Registrar, so both parties will capitalize 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.
Trade TLDs On Behalf Of Your Own Personal Brand
When you subscribe to a domain reseller program, you will obtain a web page hosting CP where you can set the prices for the different top-level domain names that the Registrar provides. Most firms also offer billing management software and web templates for your virtual store, and the automation of the whole procedure combined with the proliferating demand for domain names render the domain name reseller business niche so attractive. You will either get a ready-made web site and avail of the Registrar platform to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can build your own personal site and order form. Normally, you have the option to select between the 2 possibilities, so it all depends on how trained you are in these matters. As a domain reseller, you will do business on behalf of your own trademark name and not on behalf of the Registrar's.
Make Money From Trading Webspace Hosting Accounts As Well
A proper supplement to your domain name reseller business would be to sell web hosting solutions as well. Thus, you can give a package deal to clients who would like to create their web portal and need both a domain and a site hosting plan. Some corporations furnish such options. With 'ResellersPanel', for instance, you can purchase a VPS or a dedicated server, and they will also give you a domain name reseller account and free-of-charge invoice software to charge your customers. You can then sell Top-Level Domains and shared web hosting accounts to clients, and since they offer a lot of diverse domain extensions, you will be able to provide domain name and hosting services to clients from all around the world.