Domain name reseller
The World Wide Web is an ever-flourishing community that generates new possibilities to earn money on the Web. One of these opportunities is to become a domain name reseller and sell domains to end users, making profit from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered every day, and there are millions of currently functioning domain names, so this is a blossoming marketing niche that you can be involved in.
TLDs and SLDs
A domain contains two parts - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The gTLDs comprise the most widespread domain extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names are made of 2-letter abbreviations that represent each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a country-code one, has a Registry - an organization that manages the registrations and determines the preconditions that each concrete TLD may impose, like the duration of the registration term or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the firms that actually offer the domain name to customers and administer all domain records.
Make Revenue From Reselling Domains
Many Registrars have reseller programs that allow individuals to gain cash from selling domain names to end customers. If you sign up for such a program, you can initiate your own Internet business. Typically, a domain will be more inexpensive if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end customer. The cause is that resellers can reach more people in local regions or states where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both sides will capitalize on that. Your revenue will be the difference between the price that the user pays and the one that the Registrar levies for the domain registration.
Trade Domains Under Your Own Personal Brand
When you sign up for a domain name reseller program, you will get a hosting Control Panel where you can set the prices for the individual top-level domain names that the Registrar provides. Most firms also provide billing transaction software and web site templates for your virtual store, and the automation of the whole procedure together with the significant demand for domain names render the domain reseller industry so attractive. You will either acquire a pre-made site and make use of the Registrar system to resell domains, or they will give you access to their API (Application Programming Interface) so that you can set up your very own personal website and order form. Commonly, you have the opportunity to decide between the 2 options, so it all depends on how proficient you are in these matters. As a domain reseller, you will work under your personal brand and not on behalf of the Registrar's.
Make Revenue From Promoting Webspace Hosting Plans Too
A relevant addition to your domain name reseller business would be to sell web hosting services as well. Thereby, you can give a package deal to clients who wish to create their web page and demand both a domain name and a web space hosting package. Given corporations supply such options. With 'ResellersPanel', for example, you can order a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost billing transaction software to bill your customers. You can then offer domains and shared hosting plans to customers, and since they provide many diverse domain name extensions, you will be able to provide domain and hosting services to people from all around the world.