Domain name reseller
The Internet is an ever-developing system that provides new ways to gain money on the Internet. One of them is to become a domain reseller and sell domain names to end clients, earning profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered every day, and there are 1 000 000's of presently functioning domain names, so this is a thriving marketing niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain name consists of 2 pieces - 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 SLD.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic Top-Level Domains comprise the most famous domain name extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs include two-character abbreviations that denote each country. Instances of country-code Top-Level Domains 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 handles the registrations and determines the prerequisites that each concrete TLD may contain, among them the duration of the registration term or the residency of the registrant. Certain Registrar companies work under the Registry. These are the corporations that in fact sell the domain name to customers and administer all domain name resource records.
Earn Profit From Trading Domain Names
Numerous Registrars have reseller programs that permit individuals to earn revenue from selling domain names to end customers. If you register with such a program, you can kick off your very own personal web business. Commonly, a domain name will cost less if it is registered via a reseller rather than if it is bought directly from the Registrar by an end client. The reason is that resellers can reach more users in regions or countries where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both parties will cash in on that. Your profit will be the difference between the price that the user pays and the one that the Registrar requires for the domain name registration.
Offer Top-Level Domains Under Your Own Personal Brand Name
When you subscribe to a domain name reseller program, you will receive a web space hosting CP where you can determine the prices for the specific Top-Level Domains that the Registrar offers. Most firms also provide invoice transaction software and web skins for your virtual store, and the automation of the entire process combined with the expanding demand for domains make the domain reseller business niche so tempting. You will either obtain a ready-made website and use the Registrar system to resell domains, or they will give you access to their API (Application Programming Interface) so that you can create your very own personal web page and order form. Commonly, you have the option to decide between the 2 possibilities, so it all revolves around how skilled you are in these matters. As a domain name reseller, you will operate under your very own personal brand and not under the Registrar's.
Gain Money From Trading Hosting Services As Well
A perfect supplement to your domain reseller business would be to sell web hosting plans too. Thus, you can offer a package deal to people who would like to make their web page and demand both a domain and a website hosting plan. Some companies have such options. With 'ResellersPanel', for instance, you can have a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and cost-free billing transaction software to bill your customers. You can then sell domain names and shared website hosting accounts to clients, and since they provide many diverse domain name extensions, you will be able to provide domain and hosting services to customers from all around the world.