Domain name reseller
The Internet is an ever-flourishing community that offers new ways to earn money on the Internet. One of these ways is to become a domain name reseller and sell domain names to end users, generating profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered every day, and there are millions of presently active domains, so this is a blooming marketing niche that you can be involved in.
TLDs and SLDs
A domain contains 2 parts - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The gTLDs comprise the most popular domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains contain 2-letter abbreviations that stand for each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a ccTLD, has a Registry - an organization that deals with the registrations and determines the prerequisites that each particular top-level domain name may include, among them the length of the registration term or the residency of the registrant. Certain Registrar companies operate under the Registry. These are the companies that in fact sell the domain name to clients and administer all DNS resource records.
Gain Revenue From Reselling Domain Names
Plenty of Registrars have reseller programs that allow people to gain profit from offering domains to end customers. If you register with such a program, you can commence your very own personal electronic business. Typically, a domain will be cheaper if it is registered through a reseller rather than if it is bought straight from the Registrar by an end user. The reason is that resellers can reach more clients in regions or countries where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both sides will benefit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar levies for the domain registration.
Resell Top-Level Domains On Behalf Of Your Own Personal Trademark Name
When you subscribe to a domain name reseller program, you will acquire a web page hosting Control Panel where you can fix the prices for the various Top-Level Domains that the Registrar provides. Most companies also offer invoice transaction software and web design themes for your web store, and the automation of the entire process together with the immense demand for domains make the domain name reseller market niche so desirable. You will either get a pre-developed web site and utilize the Registrar system to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can build your very own personal online portal and form for placing orders. Usually, you have the option to decide between the 2 options, so it all depends on how accomplished you are in these things. As a domain reseller, you will do business on behalf of your own personal brand and not under the Registrar's brand.
Gain Profit From Trading Web Space Hosting Accounts As Well
A good supplement to your domain name reseller business would be to sell web hosting plans as well. In this way, you can give a package deal to persons who wish to run their web portal and require both a domain name and a hosting plan. Certain corporations furnish such options. With 'ResellersPanel', for instance, you can manage a VPS or a dedicated server, and they will also offer you a domain reseller account and cost-free invoice transaction software to charge your customers. You can then offer Top-Level Domains and shared hosting packages to clients, and since they offer lots of different domain extensions, you will be able to provide domain and hosting services to clients from all over the world.