Domain name reseller
The World Wide Web is an ever-developing platform that furnishes new possibilities to make money online. One of these ways is to be a domain reseller and sell domain names to end customers, making profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered each day, and there are millions of currently active domains, so this is a flourishing marketing niche that you can become involved in.
Top-Level and Second-Level Domains
A domain is made of two pieces - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic top-level domain names comprise the most popular domain extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs comprise two-character abbreviations that signify each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic Top-Level Domain or a ccTLD, has a Registry - an institution that administers the registrations and sets the requirements that each given Top-Level Domain may involve, like the duration of the registration period or the residency of the registrant. A number of Registrar companies work under the Registry. These are the corporations that in fact offer the domain name to clients and manage all domain resource records.
Gain Cash From Offering Domains
Plenty of Registrars have reseller programs that enable people to make revenue from selling domain names to end clients. If you sign up for such a program, you can commence your very own personal e-business. As a rule, a domain name will cost less if it is registered via a reseller rather than if it is bought straight from the Registrar by an end user. The reason is that resellers can contact more people in regional communities or states where the Registrar may not be popular at all. This means more sales for the Registrar, so both sides will benefit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar levies for the domain name registration.
Sell Domains Under Your Very Own Trademark Name
When you subscribe to a domain reseller program, you will obtain a Control Panel where you can fix the prices for the separate TLDs that the Registrar provides. Most firms also offer invoice transaction software and website templates for your web storefront, and the automation of the entire process combined with the flourishing demand for domain names render the domain name reseller market niche so alluring. You will either acquire a turn-key web site and use the Registrar platform to resell domains, or they will give you access to their API (Application Programming Interface) so that you can set up your own personal web portal and form for placing orders. Typically, you have the opportunity to choose between the 2 alternatives, so it all revolves around how advanced you are in these matters. As a domain name reseller, you will work on behalf of your very own personal brand and not on behalf of the Registrar's brand.
Make Money From Selling Web Hosting Solutions Too
A logical supplement to your domain name reseller business would be to sell web hosting solutions as well. Thereby, you can offer a package deal to persons who desire to run their web page and demand both a domain name and a website hosting account. Given companies offer such options. With 'ResellersPanel', for example, you can purchase a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and cost-free invoicing transaction software to bill your customers. You can then offer TLDs and shared hosting plans to clients, and since they provide a lot of different domain extensions, you will be able to offer domain name and hosting services to clients from all over the globe.