Domain name reseller
The World Wide Web is an ever-growing network that offers new options to make money on the Web. One of these options is to be a domain reseller and offer domains to end clients, gaining revenue from the difference between the wholesale and the retail price of each and every domain name. 1000's of domains are registered each day, and there are 1 000 000's of presently active domain names, so this is a flourishing marketing niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain involves 2 parts - 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.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic TLDs comprise the most conventional domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names comprise 2-letter abbreviations that correspond to each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a ccTLD, has a Registry - an institution that tackles the registrations and sets the prerequisites that each specific top-level domain name may entail, among them the length of the registration period or the residency of the registrant. Certain Registrar corporations work under the Registry. These are the companies that actually sell the domain name to clients and manage all DNS records.
Gain Revenue From Reselling Domain Names
A lot of Registrars have reseller programs that enable people to gain money from selling domain names to end users. If you register with such a program, you can establish your very own personal online business. Normally, a domain will be more inexpensive if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end client. The cause is that resellers can reach more users in local regions or countries where the Registrar may not be known at all. This means more sales for the Registrar, so both sides will benefit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar charges for the domain name registration.
Trade Domains On Behalf Of Your Own Personal Brand
When you subscribe to a domain name reseller program, you will acquire a web space hosting CP where you can determine the prices for the separate Top-Level Domains that the Registrar provides. Most companies also provide invoice management software and web design skins for your online shop, and the automation of the entire process coupled with the large demand for domains make the domain reseller market niche so desirable. You will either get a ready-for-use website and avail of the Registrar platform to sell domains, or they will give you access to their API (Application Programming Interface) so that you can make your own web page and form for placing orders. Generally, you have the opportunity to select between the 2 alternatives, so it all revolves around how trained you are in these matters. As a domain name reseller, you will operate under your very own personal trademark name and not under the Registrar's brand.
Make Cash From Supplying Webspace Hosting Services Too
An appropriate addition to your domain reseller business would be to sell web hosting services too. Thus, you can offer a package deal to clients who wish to develop their web page and need both a domain and a webspace hosting plan. Some companies provide such options. With 'ResellersPanel', for instance, you can manage a VPS or a dedicated server, and they will also offer you a domain reseller account and free billing management software to charge your customers. You can then sell domains and shared web hosting plans to customers, and since they offer lots of different domain extensions, you will be able to offer domain name and hosting services to users from all over the world.