Domain reseller
The World Wide Web is an ever-enlarging community that delivers new options to gain money online. One of these possibilities is to become a domain reseller and sell domains to end customers, generating profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered each day, and there are millions of presently functioning domain names, so this is a developing marketing niche that you can become involved in.
Top-Level and Second-Level Domains
A domain comprises 2 entities - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The gTLDs comprise the most conventional domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains are made of two-letter abbreviations that correspond to each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic Top-Level Domain or a country-code top-level domain name, has a Registry - an institution that is responsible for the registrations and sets the preconditions that each concrete top-level domain name may entail, including the length of the registration period or the residency of the registrant. Certain Registrar firms operate under the Registry. These are the companies that in fact offer the domain name to customers and handle all domain name resource records.
Make Profit From Offering Domains
Numerous Registrars have reseller programs that enable individuals to gain profit from selling domains to end customers. If you sign up for such a program, you can launch your very own personal electronic business. Commonly, a domain will cost less if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end client. The reason is that resellers can reach more customers in regional districts or countries where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both parties will earn a profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar imposes for the domain name registration.
Resell TLDs Under Your Very Own Personal Brand
When you register with a domain name reseller program, you will have a Control Panel where you can select the prices for the individual Top-Level Domains that the Registrar provides. Most corporations also offer billing software and web layouts for your virtual shop, and the automation of the entire procedure combined with the large demand for domains render the domain name reseller market so attractive. You will either receive a ready-made site and avail of the Registrar system to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can set up your own personal online portal and form for placing orders. Normally, you have the opportunity to select between the two options, so it all depends on how skilled you are in these affairs. As a domain name reseller, you will do business under your own brand and not on behalf of the Registrar's.
Earn Revenue From Trading Website Hosting Accounts Too
A perfect addition to your domain reseller business would be to sell web hosting services as well. Thus, you can give a package deal to users who wish to run their online portal and require both a domain and a web site hosting package. A few companies have such options. With 'ResellersPanel', for instance, you can run a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and free-of-cost billing transaction software to bill your customers. You can then offer top-level domain names and shared web hosting packages to clients, and since they offer a lot of diverse domain extensions, you will be able to offer domain and hosting services to clients from all around the globe.