Domain reseller
The World Wide Web is an ever-flourishing system that delivers new ways to gain cash on the Internet. One of these possibilities is to become a domain reseller and sell domains to end users, gaining revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each day, and there are millions of currently functioning domain names, so this is a growing marketing niche that you can become engaged in.
TLDs and SLDs
A domain is made of two components - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The gTLDs include the best known domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains consist of two-character abbreviations that denote 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 TLD, has a Registry - an institution that deals with the registrations and sets the preconditions that each given TLD may have, such as the duration of the registration term or the citizenship of the registrant. A number of Registrar firms work under the Registry. These are the corporations that in fact sell the domain name to clients and administer all domain name resource records.
Make Profit From Trading Domains
Lots of Registrars have reseller programs that permit individuals to make money from offering domains to end clients. If you sign up for such a program, you can kickstart your very own Internet business. Commonly, a domain name will cost less if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end user. The reason is that resellers can contact more people in regional communities or countries where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both parties will take advantage of that. Your profit will be the difference between the price that the customer pays and the one that the Registrar charges for the domain name registration.
Trade Domain Names Under Your Very Own Brand Name
When you register with a domain reseller program, you will acquire a web site hosting CP where you can settle the prices for the different top-level domain names that the Registrar provides. Most corporations also offer invoice transaction software and web design themes for your online shop, and the automation of the entire procedure coupled with the proliferating demand for domains make the domain name reseller market niche so attractive. You will either obtain a pre-built site and utilize the Registrar platform to resell domains, or they will give you access to their API (Application Programming Interface) so that you can set up your very own portal and order form. Usually, you have the opportunity to pick between the two options, 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 brand and not on behalf of the Registrar's brand.
Make Profit From Offering Webspace Hosting Solutions As Well
An excellent supplement to your domain name reseller business would be to sell web hosting services too. In this way, you can offer a package deal to people who desire to create their web portal and need both a domain name and a site hosting account. Particular corporations supply such options. With 'ResellersPanel', for instance, you can have a Virtual Server or a dedicated server, and they will also give you a domain reseller account and cost-free invoice software to charge your clients. You can then offer top-level domain names and shared web hosting plans to clients, and since they provide many different domain extensions, you will be able to offer domain and hosting services to clients from all around the world.