Domain name reseller
The World Wide Web is an ever-growing platform that provides new ways to make cash on the Internet. One of these options is to be a domain reseller and sell domain names to end users, earning revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered each and every day, and there are millions of presently active domains, so this is an enlarging marketing niche that you can be involved in.
Top-Level and Second-Level Domains
A domain is composed of 2 parts - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic Top-Level Domains include the best known domain extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains comprise 2-character abbreviations that correspond to each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a ccTLD, has a Registry - an organization that tackles the registrations and determines the preconditions that each specific Top-Level Domain may involve, such as the duration of the registration term or the residency of the registrant. Certain Registrar companies work under the Registry. These are the firms that actually offer the domain name to customers and manage all domain records.
Gain Profit From Trading Domains
Multiple Registrars have reseller programs that allow individuals to make profit from offering domain names to end users. If you subscribe to such a program, you can set up your own personal Internet business. Generally, a domain name will be cheaper if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end customer. The cause is that resellers can contact more clients in regional districts or states where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both sides will make a profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain registration.
Offer Domain Names Under Your Own Personal Brand
When you register with a domain reseller program, you will have a webspace hosting Control Panel where you can choose the prices for the specific Top-Level Domains that the Registrar offers. Most corporations also offer invoice software and web layouts for your online shop, and the automation of the entire procedure coupled with the huge demand for domains render the domain name reseller market so tempting. You will either get a ready-to-use website 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 set up your very own web site and order form. Generally, you have the opportunity to decide between the two options, so it all depends on how skilled you are in these things. As a domain reseller, you will operate under your very own personal brand name and not on behalf of the Registrar's.
Gain Cash From Promoting Web Page Hosting Accounts Too
A logical supplement to your domain reseller business would be to sell web hosting accounts too. Thus, you can offer a package deal to clients who desire to develop their site and demand both a domain name and a website hosting package. Particular companies offer such options. With 'ResellersPanel', for example, you can buy a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and free-of-cost billing transaction software to charge your clients. You can then sell domains and shared website hosting plans to customers, and since they offer lots of different domain name extensions, you will be able to provide domain name and hosting services to persons from all over the globe.