Domain name reseller
The World Wide Web is an ever-flourishing network that furnishes new options to make cash on the Web. One of these options is to become a domain reseller and sell domain names to end users, gaining profit from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each and every day, and there are millions of presently functioning domain names, so this is an enlarging marketing niche that you can be involved in.
Top-Level and Second-Level Domains
A domain name is made of two constituents - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".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 top-level domain names include the most widely used domain name extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains are made of 2-character abbreviations that denote each country. Instances 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 top-level domain name or a country-code Top-Level Domain, has a Registry - an institution that manages the registrations and sets the preconditions that each concrete top-level domain name may contain, including the duration of the registration term or the residency of the registrant. A number of Registrar firms work under the Registry. These are the corporations that in fact offer the domain name to customers and manage all domain name records.
Earn Revenue From Trading Domain Names
Lots of Registrars have reseller programs that enable people to earn money from offering domain names to end clients. If you sign up for such a program, you can kick off your very own web business. Commonly, a domain name will be cheaper if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end customer. The cause is that resellers can contact more individuals in local communities or countries where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both sides will cash in 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.
Trade Top-Level Domains On Behalf Of Your Own Personal Trademark Name
When you register with a domain reseller program, you will have a site hosting CP where you can settle the prices for the specific TLDs that the Registrar offers. Most firms also provide billing software and templates for your online storefront, and the automation of the entire procedure combined with the large demand for domain names make the domain name reseller market niche so seductive. You will either acquire a pre-made website and make use of the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your very own personal portal and form for placing orders. Typically, you have the opportunity to decide between the two possibilities, so it all depends on how trained you are in these affairs. As a domain reseller, you will operate under your personal brand name and not under the Registrar's.
Make Money From Offering Website Hosting Accounts Too
A sensible supplement to your domain reseller business would be to sell web hosting accounts as well. In this way, you can give a package deal to customers who desire to launch their website and demand both a domain name and a site hosting plan. A few companies offer such options. With 'ResellersPanel', for instance, you can purchase a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and cost-free invoice transaction software to bill your clients. You can then offer top-level domain names and shared web hosting packages to customers, and since they provide many diverse domain extensions, you will be able to provide domain name and hosting services to individuals from all around the world.