Domain reseller
The Internet is an ever-developing community that furnishes new opportunities to gain money on the Web. One of these opportunities is to be a domain name reseller and offer domains to end customers, gaining profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered each day, and there are millions of presently functioning domain names, so this is a growing marketing niche that you can be engaged in.
TLDs and SLDs
A domain involves 2 components - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the second-level domain name.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic Top-Level Domains comprise the most conventional domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names involve 2-letter abbreviations that correspond to each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code Top-Level Domain, has a Registry - an organization that handles the registrations and determines the preconditions that each particular Top-Level Domain may have, among them the length of the registration period or the residency of the registrant. Certain Registrar firms operate under the Registry. These are the corporations that actually offer the domain name to customers and manage all DNS resource records.
Earn Profit From Trading Domain Names
Lots of Registrars have reseller programs that allow individuals to gain revenue from offering domain names to end customers. If you register with such a program, you can begin your own e-business. Usually, a domain will be more inexpensive if it is registered through a reseller rather than if it is bought straight from the Registrar by an end customer. The cause is that resellers can reach more people in local districts or states where the Registrar may not be known at all. This implies more sales for the Registrar, so both sides will take advantage of 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.
Sell Domain Names On Behalf Of Your Very Own Brand Name
When you subscribe to a domain name reseller program, you will receive a web hosting Control Panel where you can determine the prices for the specific top-level domain names that the Registrar provides. Most corporations also provide billing management software and web themes for your online store, and the automation of the whole procedure together with the huge demand for domain names render the domain name reseller market niche so seductive. You will either receive a turn-key site and use the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your very own personal web site and form for placing orders. Usually, you have the option to pick between the 2 options, so it all revolves around how experienced you are in these things. As a domain name reseller, you will sell under your very own personal brand and not on behalf of the Registrar's.
Gain Revenue From Offering Web Page Hosting Plans As Well
A suitable supplement to your domain reseller business would be to sell web hosting services too. In this way, you can offer a package deal to customers who want to set up their website and require both a domain name and a web page hosting package. A few companies offer such options. With 'ResellersPanel', for instance, you can purchase a VPS or a dedicated server, and they will also give you a domain reseller account and free-of-charge invoice transaction software to charge your customers. You can then offer TLDs and shared website hosting packages to customers, and since they offer a lot of diverse domain extensions, you will be able to offer domain and hosting services to persons from all around the globe.