Domain reseller
The World Wide Web is an ever-growing platform that supplies new possibilities to gain money on the Internet. One of these ways is to be a domain reseller and offer domains to end customers, making revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered every day, and there are 1 000 000's of currently active domains, so this is a flourishing business niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain is composed of 2 pieces - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The gTLDs include the most widespread domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains involve 2-letter abbreviations that stand for each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a ccTLD, has a Registry - an institution that tackles the registrations and determines the prerequisites that each specific Top-Level Domain may contain, among them the length of the registration period or the residency of the registrant. Certain Registrar firms operate under the Registry. These are the firms that actually sell the domain name to customers and administer all domain resource records.
Gain Profit From Selling Domain Names
A lot of Registrars have reseller programs that enable people to gain profit from selling domains to end clients. If you sign up for such a program, you can launch your very own web business. Normally, a domain name will be cheaper if it is registered via a reseller rather than if it is bought straight from the Registrar by an end client. The reason is that resellers can contact more clients in regional communities or countries where the Registrar may not be popular at all. This means more sales for the Registrar, so both parties will benefit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar levies for the domain name registration.
Trade Top-Level Domains On Behalf Of Your Personal Brand Name
When you register with a domain name reseller program, you will have a website hosting CP where you can choose the prices for the individual top-level domain names that the Registrar provides. Most firms also provide invoice software and design themes for your web store, and the automation of the entire procedure combined with the growing demand for domain names make the domain reseller market niche so alluring. You will either receive a pre-developed site and avail of the Registrar platform to resell domains, or they will give you access to their API (Application Programming Interface) so that you can create your very own personal site and form for placing orders. Typically, you have the option to choose between the two alternatives, so it all depends on how expert you are in these matters. As a domain name reseller, you will do business under your personal trademark name and not under the Registrar's brand.
Earn Money From Trading Web Page Hosting Packages Too
A perfect supplement to your domain name reseller business would be to sell web hosting packages too. In this way, you can give a package deal to users who desire to build their online portal and demand both a domain name and a web site hosting account. Particular companies furnish such options. With 'ResellersPanel', for example, you can have a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and cost-free billing management software to charge your customers. You can then sell TLDs and shared hosting plans to clients, and since they provide lots of diverse domain extensions, you will be able to provide domain and hosting services to people from all over the globe.