Domain name reseller
The World Wide Web is an ever-increasing platform that generates new ways to gain money on the Web. One of these ways is to become a domain reseller and sell domains to end users, gaining revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered each day, and there are millions of presently active domain names, so this is a developing marketing niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain name includes two constituents - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The gTLDs comprise the most famous domain name extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains are composed of 2-character abbreviations that stand for each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a ccTLD, has a Registry - an institution that administers the registrations and sets the preconditions that each specific top-level domain name may involve, among them the length of the registration term or the residency of the registrant. A number of Registrar companies operate under the Registry. These are the firms that in fact offer the domain name to customers and administer all domain name resource records.
Gain Revenue From Offering Domain Names
Many Registrars have reseller programs that permit individuals to earn cash from selling domain names to end users. If you subscribe to such a program, you can launch your own e-business. Commonly, a domain will be more inexpensive if it is registered via a reseller rather than if it is bought directly from the Registrar by an end client. The reason is that resellers can reach more clients in provinces or states where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both sides will benefit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar requires for the domain name registration.
Trade Top-Level Domain Names Under Your Very Own Personal Brand
When you subscribe to a domain name reseller program, you will obtain a Control Panel where you can fix the prices for the various Top-Level Domains that the Registrar provides. Most corporations also offer billing management software and web design skins for your virtual shop, and the automation of the whole process together with the flourishing demand for domains render the domain reseller market so attractive. You will either acquire a ready-made site and utilize the Registrar system to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can make your very own personal web page and form for placing orders. Traditionally, 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 operate under your personal brand name and not on behalf of the Registrar's brand.
Make Money From Providing Website Hosting Plans As Well
A nice addition to your domain reseller business would be to sell web hosting services as well. In this way, you can offer a package deal to people who desire to establish their online portal and demand both a domain name and a site hosting account. Some firms provide such options. With 'ResellersPanel', for example, you can manage a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and free-of-charge billing transaction software to charge your customers. You can then offer domain names and shared hosting accounts to clients, and since they offer plenty of different domain name extensions, you will be able to offer domain and hosting services to customers from all around the globe.