Domain name reseller
The Internet is an ever-increasing network that furnishes new ways to earn money on the Internet. One of them is to become a domain reseller and sell domains to end clients, making profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domains are registered each day, and there are 1 000 000's of presently functioning domain names, so this is a developing marketing niche that you can become a part of.
TLDs and SLDs
A domain involves 2 parts - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The gTLDs comprise the most common domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names consist of two-letter abbreviations that represent each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a country-code TLD, has a Registry - an institution that administers the registrations and determines the prerequisites that each specific Top-Level Domain may involve, including the duration of the registration period or the residency of the registrant. Certain Registrar companies operate under the Registry. These are the corporations that actually offer the domain name to customers and manage all domain resource records.
Make Profit From Offering Domains
Plenty of Registrars have reseller programs that allow people to make profit from offering domains to end clients. If you register with such a program, you can begin your very own personal web business. Normally, a domain will cost less if it is registered through a reseller rather than if it is bought directly from the Registrar by an end user. The cause is that resellers can reach more customers in regional districts or states where the Registrar may not be popular 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 imposes for the domain name registration.
Trade Top-Level Domain Names On Behalf Of Your Very Own Personal Trademark Name
When you subscribe to a domain reseller program, you will receive a Control Panel where you can select the prices for the specific top-level domain names that the Registrar provides. Most companies also offer billing transaction software and site themes for your virtual store, and the automation of the entire procedure combined with the growing demand for domain names make the domain reseller market niche so alluring. You will either obtain a pre-developed web site and use the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can make your own personal online portal and form for placing orders. Generally, you have the option to decide between the 2 alternatives, so it all depends on how practiced you are in these things. As a domain reseller, you will do business on behalf of your personal brand name and not on behalf of the Registrar's.
Earn Money From Trading Web Space Hosting Packages As Well
A good supplement to your domain reseller business would be to sell web hosting packages as well. In this way, you can give a package deal to persons who wish to manage their web site and require both a domain name and a website hosting plan. A few firms furnish such options. With 'ResellersPanel', for instance, you can buy a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and charge-free billing software to bill your clients. You can then offer domains and shared website hosting packages to clients, and since they offer many different domain name extensions, you will be able to provide domain name and hosting services to clients from all over the world.