Domain name reseller
The Internet is an ever-increasing community that provides new possibilities to make money online. One of these options is to be a domain name reseller and sell domain names to end users, generating profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered each and every day, and there are millions of currently functioning domains, so this is a developing marketing niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain includes two parts - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
gTLDs and ccTLDs
The TLDs can be generic or country code. The gTLDs comprise the most widespread domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs comprise 2-character abbreviations that stand for each country. Instances of country-code Top-Level Domains 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 TLD, has a Registry - an organization that tackles the registrations and sets the prerequisites that each concrete TLD may entail, like 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 in fact sell the domain name to customers and administer all domain records.
Make Revenue From Selling Domains
A lot of Registrars have reseller programs that permit individuals to earn cash from selling domain names to end clients. If you subscribe to such a program, you can kick off your own web business. Regularly, a domain will be cheaper if it is registered through a reseller rather than if it is bought straight from the Registrar by an end user. The cause is that resellers can reach more persons in local districts or countries where the Registrar may not be known at all. This means more sales for the Registrar, so both parties will earn a profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar imposes for the domain name registration.
Sell Top-Level Domains On Behalf Of Your Very Own Personal Brand
When you subscribe to a domain reseller program, you will get a site hosting CP where you can settle the prices for the individual top-level domain names that the Registrar offers. Most corporations also provide invoicing transaction software and web site themes for your web store, and the automation of the entire procedure together with the huge demand for domains render the domain reseller market niche so tempting. You will either acquire a ready-to-use web site and use the Registrar platform to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can build your own online portal and form for placing orders. Usually, you have the opportunity to pick between the 2 options, so it all depends on how advanced you are in these matters. As a domain name reseller, you will do business under your very own personal trademark name and not under the Registrar's.
Gain Profit From Trading Web Site Hosting Services As Well
A suitable supplement to your domain name reseller business would be to sell web hosting solutions too. Thereby, you can give a package deal to persons who wish to develop their site and demand both a domain name and a site hosting plan. Particular corporations provide 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 billing management software to charge your customers. You can then offer TLDs and shared website hosting accounts to customers, and since they offer a lot of different domain extensions, you will be able to offer domain and hosting services to individuals from all over the globe.