Domain reseller
The World Wide Web is an ever-enlarging community that furnishes new possibilities to make money on the Internet. One of these opportunities is to be a domain name reseller and sell domain names to end customers, generating revenue from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered every day, and there are 1 000 000's of presently active domain names, so this is a blossoming marketing niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain is composed of two components - a Top-Level Domain (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 name.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic top-level domain names comprise the best known domain name extensions like .com, .net, .org, .mobi, .info, while the ccTLDs consist of 2-letter abbreviations that stand for each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code TLD, has a Registry - an institution that tackles the registrations and sets the prerequisites that each given TLD may impose, such as the duration of the registration term or the residency of the registrant. A number of Registrar companies operate under the Registry. These are the firms that in fact sell the domain name to customers and manage all domain records.
Make Profit From Trading Domains
A lot of Registrars have reseller programs that allow individuals to earn revenue from offering domains to end clients. If you register with such a program, you can build your own e-business. Typically, a domain name will cost less if it is registered via a reseller rather than if it is bought directly from the Registrar by an end customer. The reason is that resellers can reach more users in regional districts or states where the Registrar may not be famous at all. This implies more sales for the Registrar, so both parties will make a profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar requires for the domain name registration.
Sell Top-Level Domain Names Under Your Very Own Personal Brand Name
When you subscribe to a domain name reseller program, you will have a website hosting CP where you can fix the prices for the different top-level domain names that the Registrar provides. Most corporations also provide invoicing software and web page layouts for your online storefront, and the automation of the whole process combined with the proliferating demand for domains render the domain reseller market so desirable. You will either get a turn-key website and use the Registrar platform to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can set up your very own personal site and form for placing orders. Traditionally, you have the opportunity to decide between the 2 alternatives, so it all revolves around how skilled you are in these affairs. As a domain name reseller, you will work under your very own brand and not under the Registrar's brand.
Gain Money From Promoting Site Hosting Packages Too
An appropriate supplement to your domain reseller business would be to sell web hosting services as well. In this way, you can give a package deal to customers who wish to create their website and require both a domain and a site hosting package. Certain firms furnish such options. With 'ResellersPanel', for instance, you can purchase a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and free-of-cost invoicing transaction software to bill your customers. You can then sell TLDs and shared hosting plans to customers, and since they offer many different domain extensions, you will be able to offer domain and hosting services to persons from all over the world.