Domain name reseller
The World Wide Web is an ever-increasing system that offers new opportunities to gain cash on the Internet. One of these possibilities is to be a domain name reseller and sell domain names to end customers, gaining profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered every day, and there are 1 000 000's of presently active domain names, so this is a growing marketing niche that you can become a part of.
Top-Level and Second-Level Domains
A domain consists of 2 parts - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic top-level domain names comprise the most widely used domain extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names include 2-letter abbreviations that denote each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a ccTLD, has a Registry - an organization that tackles the registrations and determines the preconditions that each specific top-level domain name may have, including the length of the registration term or the residency of the registrant. A number of Registrar companies operate under the Registry. These are the companies that in fact sell the domain name to clients and administer all domain records.
Make Money From Trading Domains
Lots of Registrars have reseller programs that permit people to earn revenue from offering domain names to end users. If you sign up for such a program, you can set up your own electronic business. Typically, a domain will be cheaper if it is registered via a reseller rather than if it is bought straight from the Registrar by an end user. The explanation is that resellers can contact more clients in areas or states where the Registrar may not be popular at all. This implies more sales for the Registrar, so both parties will cash in on that. Your revenue will be the difference between the price that the user pays and the one that the Registrar charges for the domain name registration.
Offer Top-Level Domains Under Your Personal Brand
When you subscribe to a domain reseller program, you will receive a web hosting Control Panel where you can set the prices for the specific TLDs that the Registrar provides. Most corporations also offer billing transaction software and web site templates for your online shop, and the automation of the entire process combined with the towering demand for domains render the domain name reseller market niche so seductive. You will either get a turn-key website and utilize the Registrar platform to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your own personal site and order form. Normally, you have the option to choose between the 2 options, so it all depends on how accomplished you are in these things. As a domain name reseller, you will do business under your own brand and not under the Registrar's.
Gain Revenue From Providing Website Hosting Solutions As Well
A logical addition to your domain reseller business would be to sell web hosting solutions as well. Thereby, you can give a package deal to people who want to set up their web portal and require both a domain and a web hosting package. Some corporations furnish such options. With 'ResellersPanel', for instance, you can purchase a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and charge-free billing management software to bill your customers. You can then offer TLDs and shared hosting accounts to clients, and since they offer plenty of diverse domain name extensions, you will be able to offer domain and hosting services to clients from all over the world.