Domain name reseller
The World Wide Web is an ever-increasing system that supplies new ways to gain cash online. One of these opportunities is to become a domain reseller and sell domain names to end users, generating revenue from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered every day, and there are millions of currently functioning domain names, so this is a blooming marketing niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain name comprises 2 parts - a Top-Level Domain (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.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic TLDs comprise the most widely used domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs include 2-letter abbreviations that represent each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code Top-Level Domain, has a Registry - an organization that tackles the registrations and sets the requirements that each concrete top-level domain name may include, among them the duration of the registration period or the citizenship of the registrant. Certain Registrar companies operate under the Registry. These are the firms that actually sell the domain name to customers and manage all domain resource records.
Make Profit From Trading Domain Names
A lot of Registrars have reseller programs that enable people to gain revenue from offering domains to end users. If you register with such a program, you can establish your very own online business. Typically, a domain name will be cheaper if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end client. The explanation is that resellers can reach more people in local districts or states where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both parties will benefit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain name registration.
Sell Domains Under Your Own Personal Brand Name
When you register with a domain reseller program, you will get a web space hosting CP where you can determine the prices for the separate TLDs that the Registrar offers. Most companies also offer billing management software and website themes for your web store, and the automation of the whole process coupled with the enlarging demand for domains make the domain reseller market niche so attractive. You will either acquire a ready-made site and make use of the Registrar system to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can build your own personal site and order form. Usually, you have the option to decide between the 2 alternatives, so it all depends on how advanced you are in these issues. As a domain reseller, you will work under your very own brand name and not under the Registrar's.
Gain Cash From Supplying Webspace Hosting Accounts As Well
A perfect addition 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 launch their online portal and demand both a domain and a web hosting plan. Given companies have such options. With 'ResellersPanel', for instance, you can have a VPS or a dedicated server, and they will also give you a domain name reseller account and free-of-charge billing management software to bill your clients. You can then offer top-level domain names and shared website hosting accounts to clients, and since they offer plenty of diverse domain name extensions, you will be able to offer domain name and hosting services to persons from all over the world.