Domain name reseller
The World Wide Web is an ever-flourishing system that supplies new opportunities to gain cash on the Internet. One of these possibilities is to become a domain name reseller and sell domain names to end customers, making profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered every day, and there are 1 000 000's of currently active domains, so this is a flowering marketing niche that you can be involved in.
Top-Level and Second-Level Domains
A domain is composed of two parts - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The TLDs can be generic or country code. The gTLDs include the most widely used domain extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs consist of 2-letter abbreviations that represent each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a ccTLD, has a Registry - an institution that is responsible for the registrations and sets the preconditions that each given top-level domain name may have, including the duration of the registration period or the citizenship of the registrant. Certain Registrar companies work under the Registry. These are the companies that in fact offer the domain name to clients and manage all domain name records.
Gain Profit From Selling Domains
Numerous Registrars have reseller programs that enable people to gain profit from selling domains to end clients. If you subscribe to such a program, you can set up your very own personal web business. As a rule, a domain will be more inexpensive if it is registered through a reseller rather than if it is bought directly from the Registrar by an end customer. The reason is that resellers can reach more persons in local regions or states where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both parties will profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar charges for the domain registration.
Trade Top-Level Domains On Behalf Of Your Very Own Personal Brand Name
When you subscribe to a domain reseller program, you will receive a hosting CP where you can set the prices for the various top-level domain names that the Registrar provides. Most companies also provide invoice software and web page themes for your online shop, and the automation of the entire process together with the growing demand for domains make the domain reseller market niche so desirable. You will either receive a pre-developed website and utilize 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 very own personal web portal and form for placing orders. Usually, you have the option to decide between the two possibilities, so it all depends on how skillful you are in these issues. As a domain reseller, you will operate under your personal brand name and not under the Registrar's brand.
Earn Money From Providing Web Space Hosting Accounts Too
A suitable addition to your domain reseller business would be to sell web hosting services too. Thus, you can offer a package deal to customers who wish to develop their web portal and demand both a domain name and a web space hosting account. Some corporations have such options. With 'ResellersPanel', for instance, you can buy a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and free invoice software to charge your customers. You can then offer top-level domain names and shared hosting packages to clients, and since they offer plenty of different domain name extensions, you will be able to provide domain and hosting services to individuals from all over the world.