Domain reseller
The World Wide Web is an ever-increasing platform that provides new ways to earn money on the Web. One of them is to become a domain name reseller and sell domains to end clients, earning 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 millions of currently active domain names, so this is a growing marketing niche that you can be engaged in.
TLDs and SLDs
A domain consists of two components - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The gTLDs include the most common domain name extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names are made of two-letter abbreviations that signify each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code TLD, has a Registry - an organization that administers the registrations and sets the preconditions that each particular Top-Level Domain may contain, like the duration of the registration period or the citizenship of the registrant. Certain Registrar firms operate under the Registry. These are the corporations that actually offer the domain name to clients and administer all domain name records.
Earn Revenue From Trading Domains
Numerous Registrars have reseller programs that allow individuals to gain money from offering domain names to end clients. If you register with such a program, you can set up your very own web business. As a rule, a domain will be cheaper if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end customer. The cause is that resellers can contact more users in local communities or states where the Registrar may not be popular at all. This implies more sales for the Registrar, so both sides will cash in on that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain name registration.
Trade Domain Names On Behalf Of Your Very Own Brand Name
When you subscribe to a domain name reseller program, you will acquire a web space hosting CP where you can choose the prices for the specific Top-Level Domains that the Registrar provides. Most corporations also provide billing management software and design themes for your online storefront, and the automation of the whole process coupled with the flourishing demand for domains make the domain reseller market niche so tempting. You will either receive a pre-made website and utilize the Registrar system to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can build your very own web site and order form. Typically, you have the opportunity to pick between the two options, so it all revolves around how expert you are in these things. As a domain name reseller, you will do business under your personal trademark name and not under the Registrar's.
Earn Profit From Offering Site Hosting Accounts As Well
A relevant supplement to your domain name reseller business would be to sell web hosting services as well. Thus, you can give a package deal to clients who desire to run their online portal and require both a domain name and a site hosting package. Certain companies offer such options. With 'ResellersPanel', for example, you can run a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and cost-free billing software to charge your clients. You can then sell top-level domain names and shared web hosting plans to customers, and since they offer plenty of diverse domain name extensions, you will be able to offer domain and hosting services to persons from all over the globe.