Domain reseller
The Internet is an ever-enlarging community that provides new opportunities to make cash on the Web. One of these possibilities is to be a domain name reseller and sell domains to end users, generating revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered each and every day, and there are millions of presently active domain names, so this is a blooming marketing niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain name consists of 2 components - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic top-level domain names include the most conventional domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains consist of 2-character abbreviations that represent each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a country-code top-level domain name, has a Registry - an institution that administers the registrations and determines the prerequisites that each particular Top-Level Domain may contain, among them the duration of the registration period or the residency of the registrant. Certain Registrar firms operate under the Registry. These are the companies that actually sell the domain name to customers and handle all domain resource records.
Gain Profit From Offering Domain Names
Numerous Registrars have reseller programs that permit individuals to gain money from selling domain names to end clients. If you register with such a program, you can set up your own e-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 customers in local regions or states where the Registrar may not be famous at all. This means more sales for the Registrar, so both sides will earn a profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar requires for the domain registration.
Trade TLDs On Behalf Of Your Own Personal Brand
When you subscribe to a domain name reseller program, you will acquire a CP where you can choose the prices for the various Top-Level Domains that the Registrar offers. Most corporations also offer billing transaction software and website templates for your online storefront, and the automation of the entire procedure together with the flourishing demand for domains render the domain reseller industry so attractive. You will either have a pre-made web site 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 set up your very own web portal and order form. Normally, you have the opportunity to select between the 2 options, so it all depends on how proficient you are in these matters. As a domain reseller, you will sell on behalf of your own personal brand name and not on behalf of the Registrar's.
Gain Cash From Trading Web Page Hosting Solutions As Well
A perfect addition to your domain name reseller business would be to sell web hosting services too. Thus, you can offer a package deal to people who wish to make their online portal and need both a domain name and a web page hosting plan. Certain corporations supply such options. With 'ResellersPanel', for example, you can have a Virtual 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 clients. You can then offer domains and shared hosting plans to clients, and since they provide plenty of different domain extensions, you will be able to provide domain name and hosting services to users from all around the world.