Domain name reseller
The World Wide Web is an ever-enlarging system that generates new ways to earn money online. One of these opportunities is to become a domain name reseller and sell domains to end customers, gaining profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered each and every day, and there are millions of currently functioning domain names, so this is an expanding marketing niche that you can become a part of.
Top-Level and Second-Level Domains
A domain contains 2 components - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The gTLDs comprise the most famous domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names comprise 2-letter abbreviations that symbolize each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a country-code top-level domain name, has a Registry - an institution that manages the registrations and sets the requirements that each given TLD may include, including the length of the registration term or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the companies that actually sell the domain name to customers and administer all domain records.
Earn Profit From Trading Domain Names
Plenty of Registrars have reseller programs that permit people to earn revenue from selling domain names to end customers. If you subscribe to such a program, you can establish your very own personal online business. Typically, 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 client. The reason is that resellers can reach more people in areas or countries where the Registrar may not be known at all. This means more sales for the Registrar, so both sides will benefit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar charges for the domain name registration.
Offer Domain Names Under Your Very Own Trademark Name
When you register with a domain name reseller program, you will receive a web space hosting Control Panel where you can settle the prices for the individual TLDs that the Registrar provides. Most corporations also provide invoicing software and website skins for your web shop, and the automation of the whole process coupled with the enlarging demand for domain names render the domain name reseller market niche so tempting. You will either have a turn-key site and make use of the Registrar platform to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can create your very own personal portal and order form. Usually, you have the opportunity to pick between the 2 alternatives, so it all depends on how accomplished you are in these matters. As a domain reseller, you will work on behalf of your very own personal brand and not under the Registrar's.
Earn Profit From Supplying Web Page Hosting Solutions Too
A nice supplement to your domain name reseller business would be to sell web hosting accounts too. In this way, you can offer a package deal to users who desire to establish their website and demand both a domain and a web hosting account. Some companies provide such options. With 'ResellersPanel', for example, you can buy a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and free billing software to bill your customers. You can then sell domain names and shared web hosting plans to customers, and since they provide lots of different domain extensions, you will be able to provide domain and hosting services to individuals from all over the world.