Domain reseller
The World Wide Web is an ever-expanding system that furnishes new opportunities to make money on the Internet. One of them is to be a domain reseller and sell domains to end clients, generating 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 an increasing marketing niche that you can be engaged in.
TLDs and SLDs
A domain comprises two constituents - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic TLDs include the best known domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs consist of 2-character abbreviations that signify each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code TLD, has a Registry - an institution that is responsible for the registrations and determines the requirements that each given Top-Level Domain may involve, including the length of the registration term or the residency of the registrant. A number of Registrar firms work under the Registry. These are the firms that in fact offer the domain name to customers and handle all domain records.
Gain Cash From Selling Domain Names
A lot of Registrars have reseller programs that enable individuals to make cash from offering domain names to end customers. If you register with such a program, you can launch your very own e-business. Usually, a domain will be more inexpensive if it is registered through a reseller rather than if it is bought directly from the Registrar by an end customer. The cause is that resellers can contact more individuals in provinces or states where the Registrar may not be famous at all. This implies more sales for the Registrar, so both parties will make a profit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar imposes for the domain registration.
Sell Domains On Behalf Of Your Personal Trademark Name
When you register with a domain reseller program, you will have a website hosting CP where you can settle the prices for the separate TLDs that the Registrar offers. Most firms also provide invoice software and themes for your online storefront, and the automation of the whole process coupled with the significant demand for domains make the domain name reseller market niche so desirable. You will either receive a pre-developed website and use the Registrar platform to sell domains, or they will give you access to their API (Application Programming Interface) so that you can make your very own personal web page and form for placing orders. Normally, you have the opportunity to pick between the 2 options, so it all depends on how skillful you are in these matters. As a domain reseller, you will operate on behalf of your own brand name and not on behalf of the Registrar's.
Gain Cash From Providing Site Hosting Solutions Too
An appropriate supplement to your domain reseller business would be to sell web hosting plans too. Thus, you can offer a package deal to customers who want to build their online portal and need both a domain name and a web hosting plan. Certain companies furnish such options. With 'ResellersPanel', for example, you can order a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and free invoice management software to bill your customers. You can then offer top-level domain names and shared website hosting accounts to customers, and since they offer a lot of different domain name extensions, you will be able to offer domain and hosting services to people from all around the world.