Domain name reseller
The World Wide Web is an ever-developing platform that delivers new ways to make money on the Internet. One of these opportunities is to become a domain name reseller and offer domain names to end clients, generating profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered each day, and there are millions of presently functioning domain names, so this is a blooming marketing niche that you can become involved in.
TLDs and SLDs
A domain name is composed of two constituents - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
gTLDs and ccTLDs
The TLDs can be generic or country code. The gTLDs comprise the most common domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains include two-character abbreviations that correspond to each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a country-code one, has a Registry - an institution that tackles the registrations and sets the preconditions that each concrete top-level domain name may involve, such as the length of the registration term or the residency of the registrant. A number of Registrar companies work under the Registry. These are the firms that actually sell the domain name to customers and administer all domain name records.
Earn Revenue From Trading Domain Names
Many Registrars have reseller programs that allow people to earn profit from selling domains to end clients. If you subscribe to such a program, you can kick off your very own personal electronic business. As a rule, a domain will be cheaper if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end user. The cause is that resellers can contact more persons in local districts or countries where the Registrar may not be known at all. This implies more sales for the Registrar, so both sides will capitalize on that. Your revenue will be the difference between the price that the user pays and the one that the Registrar imposes for the domain name registration.
Resell TLDs On Behalf Of Your Own Brand
When you subscribe to a domain name reseller program, you will obtain a site hosting CP where you can set the prices for the individual Top-Level Domains that the Registrar provides. Most firms also provide billing transaction software and web page skins for your virtual storefront, and the automation of the whole procedure together with the proliferating demand for domains make the domain name reseller industry so desirable. You will either have a pre-built website and use the Registrar platform to resell domains, 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. Generally, you have the option to choose between the 2 alternatives, so it all depends on how skillful you are in these affairs. As a domain name reseller, you will work under your personal trademark name and not under the Registrar's brand.
Gain Money From Trading Web Page Hosting Services Too
An appropriate supplement to your domain reseller business would be to sell web hosting packages too. Thus, you can offer a package deal to customers who desire to create their web page and need both a domain and a site hosting package. Particular companies provide such options. With 'ResellersPanel', for example, you can run a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and charge-free invoicing software to bill your clients. You can then sell domain names and shared web hosting plans to customers, and since they provide lots of diverse domain extensions, you will be able to offer domain and hosting services to persons from all around the world.