Domain name reseller
The Internet is an ever-growing network that furnishes new opportunities to gain money online. One of these ways is to be a domain name reseller and offer domains to end users, earning revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each and every day, and there are millions of currently functioning domains, so this is a thriving marketing niche that you can become a part of.
TLDs and SLDs
A domain is made of 2 components - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
gTLDs and ccTLDs
The TLDs can be generic or country code. The gTLDs comprise the best known domain name extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs include two-letter abbreviations that stand for each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code top-level domain name, has a Registry - an organization that handles the registrations and sets the preconditions that each specific top-level domain name may entail, like the length of the registration term or the residency of the registrant. A number of Registrar corporations work under the Registry. These are the companies that actually sell the domain name to clients and administer all DNS resource records.
Earn Money From Trading Domains
Numerous Registrars have reseller programs that allow people to gain profit from offering domains to end customers. If you subscribe to such a program, you can establish your own electronic business. Usually, a domain will be cheaper if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end customer. The explanation is that resellers can contact more individuals in regions or countries where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both sides will profit 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 registration.
Trade Domains Under Your Own Personal Trademark Name
When you register with a domain name reseller program, you will obtain a web hosting CP where you can settle the prices for the individual Top-Level Domains that the Registrar provides. Most corporations also provide invoicing software and web design themes for your virtual storefront, and the automation of the entire process combined with the towering demand for domain names make the domain reseller industry so desirable. You will either obtain a pre-developed site and use the Registrar platform to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can set up your very own personal portal and order form. Generally, you have the opportunity to select between the 2 options, so it all depends on how experienced you are in these issues. As a domain reseller, you will operate on behalf of your very own trademark name and not on behalf of the Registrar's.
Gain Cash From Promoting Web Space Hosting Solutions As Well
An adequate addition to your domain name reseller business would be to sell web hosting solutions as well. Thus, you can offer a package deal to individuals who want to build their site and require both a domain name and a website hosting plan. Some firms furnish such options. With 'ResellersPanel', for instance, you can run a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and cost-free invoicing transaction software to charge your customers. You can then offer TLDs and shared website hosting accounts to clients, and since they provide many different domain extensions, you will be able to provide domain and hosting services to users from all around the globe.