Domain reseller
The World Wide Web is an ever-growing network that supplies new options to earn money on the Internet. One of these options is to become a domain reseller and offer 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 millions of currently functioning domains, so this is an enlarging marketing niche that you can be engaged in.
TLDs and SLDs
A domain name involves 2 constituents - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic TLDs include the most popular domain name extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains consist of 2-character abbreviations that symbolize each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a country-code TLD, has a Registry - an organization that handles the registrations and determines the prerequisites that each specific Top-Level Domain may impose, such as the length of the registration term or the residency of the registrant. A number of Registrar companies work under the Registry. These are the corporations that actually sell the domain name to customers and administer all domain resource records.
Make Revenue From Trading Domain Names
Many Registrars have reseller programs that permit people to gain cash from selling domain names to end users. If you register with such a program, you can kick off your very own personal electronic business. Normally, a domain name will be cheaper if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end client. The explanation is that resellers can contact more people in regions or countries where the Registrar may not be popular at all. This means more sales for the Registrar, so both sides will capitalize on that. Your revenue will be the difference between the price that the user pays and the one that the Registrar imposes for the domain registration.
Sell TLDs Under Your Personal Brand
When you subscribe to a domain name reseller program, you will receive a webspace hosting CP where you can select the prices for the different top-level domain names that the Registrar offers. Most corporations also provide invoice management software and web themes for your web storefront, and the automation of the entire process coupled with the strong demand for domains render the domain name reseller market niche so tempting. You will either obtain a pre-built web site and use the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can build your own personal portal and form for placing orders. Usually, you have the opportunity to pick between the 2 possibilities, so it all revolves around how practiced you are in these things. As a domain name reseller, you will operate on behalf of your very own brand and not under the Registrar's brand.
Make Profit From Promoting Web Site Hosting Accounts Too
A suitable addition to your domain name reseller business would be to sell web hosting accounts as well. Thus, you can offer a package deal to customers who want to establish their web portal and require both a domain name and a hosting plan. Some firms supply such options. With 'ResellersPanel', for instance, you can purchase a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge invoicing transaction software to bill your customers. You can then sell top-level domain names and shared hosting plans to customers, and since they offer many different domain name extensions, you will be able to offer domain and hosting services to users from all over the globe.