Domain name reseller
The World Wide Web is an ever-flourishing community that generates new opportunities to gain cash on the Web. One of them is to become a domain reseller and offer domain names to end users, generating revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered every day, and there are 1 000 000's of currently active domains, so this is an enlarging marketing niche that you can be engaged in.
TLDs and SLDs
A domain name is composed of 2 parts - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains include the most widely used domain extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs involve 2-character abbreviations that signify each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a country-code Top-Level Domain, has a Registry - an institution that handles the registrations and determines the prerequisites that each concrete top-level domain name may entail, like the duration of the registration period or the residency of the registrant. A number of Registrar corporations work under the Registry. These are the firms that in fact offer the domain name to clients and manage all domain name records.
Earn Profit From Selling Domain Names
Lots of Registrars have reseller programs that permit individuals to earn profit from selling domain names to end users. If you sign up for such a program, you can commence your very own electronic business. Typically, a domain name will cost less if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end client. The reason is that resellers can reach more individuals in local regions or countries where the Registrar may not be popular at all. This means more sales for the Registrar, so both parties will make a profit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar charges for the domain name registration.
Trade Domains On Behalf Of Your Personal Brand Name
When you register with a domain name reseller program, you will obtain a site hosting CP where you can choose the prices for the different top-level domain names that the Registrar provides. Most firms also offer invoicing transaction software and web site themes for your virtual store, and the automation of the entire procedure together with the high demand for domains make the domain reseller business so seductive. You will either receive a pre-made site and utilize the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can make your very own personal web page and order form. Usually, you have the option to choose between the 2 alternatives, so it all revolves around how experienced you are in these things. As a domain reseller, you will sell on behalf of your very own brand and not under the Registrar's.
Earn Cash From Providing Hosting Plans As Well
A reasonable addition to your domain reseller business would be to sell web hosting accounts too. Thereby, you can offer a package deal to individuals who wish to set up their website and need both a domain and a webspace hosting package. A number of firms furnish such options. With 'ResellersPanel', for instance, you can order a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and free-of-cost invoice management software to charge your customers. You can then offer domains and shared website hosting plans to customers, and since they offer plenty of different domain name extensions, you will be able to provide domain name and hosting services to people from all over the world.