Domain reseller
The Internet is an ever-expanding platform that generates new opportunities to make money on the Web. One of them is to become a domain reseller and sell domains to end clients, earning revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered each and every day, and there are 1 000 000's of currently functioning domain names, so this is a blossoming marketing niche that you can become engaged in.
TLDs and SLDs
A domain name is composed of two pieces - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the SLD.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The gTLDs include the most widely used domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs are composed of two-character abbreviations that denote each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a country-code top-level domain name, has a Registry - an institution that is responsible for the registrations and sets the prerequisites that each given top-level domain name may entail, among them the duration of the registration term or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the companies that in fact offer the domain name to clients and manage all DNS resource records.
Gain Revenue From Trading Domains
Plenty of Registrars have reseller programs that permit people to gain profit from selling domain names to end clients. If you sign up for such a program, you can commence your very own personal e-business. Commonly, a domain will cost less if it is registered through a reseller rather than if it is bought directly from the Registrar by an end client. The explanation is that resellers can reach more customers in provinces 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 profit will be the difference between the price that the user pays and the one that the Registrar charges for the domain name registration.
Sell TLDs On Behalf Of Your Very Own Brand Name
When you sign up for a domain reseller program, you will acquire a webspace hosting CP where you can settle the prices for the various top-level domain names that the Registrar offers. Most corporations also offer invoice transaction software and skins for your virtual storefront, and the automation of the entire process combined with the immense demand for domain names make the domain reseller business niche so tempting. You will either acquire a ready-made site and utilize the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can set up your very own web site and form for placing orders. Commonly, you have the option to choose between the two options, so it all depends on how expert you are in these issues. As a domain reseller, you will work under your personal brand name and not on behalf of the Registrar's.
Gain Cash From Offering Web Site Hosting Packages As Well
An adequate supplement to your domain name reseller business would be to sell web hosting packages as well. In this way, you can offer a package deal to users who would like to have their site and need both a domain and a web page hosting plan. A number of firms furnish such options. With 'ResellersPanel', for instance, you can order a VPS or a dedicated server, and they will also offer you a domain name reseller account and free billing transaction software to bill your clients. You can then sell Top-Level Domains and shared hosting plans to clients, and since they provide a lot of diverse domain extensions, you will be able to offer domain name and hosting services to users from all over the world.