Domain name reseller
The World Wide Web is an ever-expanding system that offers new possibilities to gain cash online. One of them is to be a domain name reseller and sell domains to end clients, gaining profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered each day, and there are 1 000 000's of currently active domain names, so this is a flowering marketing niche that you can become involved in.
Top-Level and Second-Level Domains
A domain name comprises 2 components - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
gTLDs and ccTLDs
The TLDs can be generic or country code. The gTLDs comprise the most widespread domain name extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains contain two-character abbreviations that denote each country. Instances of country-code Top-Level Domains 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 tackles the registrations and determines the requirements that each specific top-level domain name may contain, like the duration of the registration period or the citizenship of the registrant. A number of Registrar corporations operate under the Registry. These are the companies that actually offer the domain name to customers and handle all domain records.
Earn Money From Selling Domain Names
Plenty of Registrars have reseller programs that enable individuals to gain money from offering domains to end customers. If you subscribe to such a program, you can launch your very own web business. Generally, a domain will cost less if it is registered via a reseller rather than if it is bought straight from the Registrar by an end client. The explanation is that resellers can contact more users in provinces or countries where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both parties will earn a profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar levies for the domain registration.
Trade Domain Names Under Your Own Personal Brand
When you register with a domain name reseller program, you will have a website hosting CP where you can choose the prices for the different TLDs that the Registrar provides. Most corporations also provide billing transaction software and web site skins for your virtual shop, and the automation of the entire process coupled with the rising demand for domains render the domain reseller market niche so attractive. You will either acquire a pre-made website and avail of the Registrar system to resell domains, or they will give you access to their API (Application Programming Interface) so that you can build your own web site and form for placing orders. Traditionally, you have the opportunity to choose between the 2 possibilities, so it all revolves around how practiced you are in these affairs. As a domain name reseller, you will sell under your own personal brand name and not under the Registrar's brand.
Make Profit From Providing Web Site Hosting Plans Too
A suitable supplement to your domain reseller business would be to sell web hosting services too. Thus, you can give a package deal to customers who would like to run their site and require both a domain and a website hosting plan. A few corporations furnish such options. With 'ResellersPanel', for instance, you can order a VPS or a dedicated server, and they will also offer you a domain reseller account and free-of-charge invoice software to charge your clients. You can then offer top-level domain names and shared website hosting accounts to customers, and since they offer lots of different domain name extensions, you will be able to provide domain and hosting services to persons from all over the world.