Domain reseller
The World Wide Web is an ever-flourishing network that generates new opportunities to gain money on the Web. One of these possibilities is to be a domain reseller and offer domains to end users, making profit from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered each day, and there are millions of currently functioning domain names, so this is an increasing marketing niche that you can become involved in.
Top-Level and Second-Level Domains
A domain involves two components - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic Top-Level Domains comprise the most common domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains consist of two-letter abbreviations that signify each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code Top-Level Domain, has a Registry - an organization that manages the registrations and determines the preconditions that each particular Top-Level Domain may impose, like the length of the registration period or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the corporations that actually sell the domain name to customers and administer all domain name records.
Gain Cash From Trading Domains
Many Registrars have reseller programs that enable people to earn money from selling domain names to end users. If you subscribe to such a program, you can set up your own electronic business. Regularly, a domain name will be cheaper if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end user. The cause is that resellers can contact more clients in areas or states where the Registrar may not be known at all. This means more sales for the Registrar, so both parties will take advantage of that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar charges for the domain registration.
Sell TLDs Under Your Own Personal Brand
When you register with a domain name reseller program, you will obtain a web space hosting CP where you can fix the prices for the individual top-level domain names that the Registrar provides. Most companies also offer billing management software and web site skins for your web storefront, and the automation of the whole process combined with the growing demand for domain names make the domain name reseller market so alluring. You will either get a turn-key site and avail of the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can set up your own online portal and order form. Traditionally, you have the opportunity to choose between the 2 options, so it all revolves around how skillful you are in these issues. As a domain name reseller, you will work on behalf of your own personal brand and not on behalf of the Registrar's brand.
Gain Cash From Reselling Site Hosting Accounts As Well
A good addition to your domain name reseller business would be to sell web hosting accounts as well. In this way, you can give a package deal to customers who want to build their site and require both a domain and a hosting account. Given corporations furnish such options. With 'ResellersPanel', for instance, you can run a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and free billing software to bill your clients. You can then offer domains and shared web hosting plans to customers, and since they offer many different domain name extensions, you will be able to provide domain name and hosting services to persons from all over the globe.