Domain reseller
The World Wide Web is an ever-developing system that generates new possibilities to earn money on the Web. One of these possibilities is to be a domain reseller and offer domains to end customers, generating profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered every day, and there are 1 000 000's of currently functioning domain names, so this is a blooming marketing niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain name is composed of 2 parts - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic TLDs include the most widespread domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names involve 2-letter abbreviations that signify each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic Top-Level Domain or a country-code Top-Level Domain, has a Registry - an institution that administers the registrations and sets the requirements that each specific Top-Level Domain may contain, including the length of the registration period or the residency of the registrant. A number of Registrar corporations work under the Registry. These are the corporations that in fact sell the domain name to clients and administer all domain records.
Make Profit From Trading Domain Names
Multiple Registrars have reseller programs that permit people to earn profit from selling domains to end customers. If you register with such a program, you can kick off your own personal web business. As a rule, a domain will be more inexpensive if it is registered via a reseller rather than if it is bought straight from the Registrar by an end user. The reason is that resellers can contact more individuals in regional districts or countries where the Registrar may not be known at all. This means more sales for the Registrar, so both parties will cash in on that. Your profit will be the difference between the price that the user pays and the one that the Registrar imposes for the domain name registration.
Trade Top-Level Domains Under Your Very Own Personal Brand Name
When you subscribe to a domain name reseller program, you will acquire a web space hosting Control Panel where you can fix the prices for the different TLDs that the Registrar provides. Most corporations also provide invoice software and web templates for your virtual store, and the automation of the whole procedure combined with the significant demand for domain names render the domain reseller market niche so attractive. You will either obtain a pre-developed web site and make use of the Registrar system to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can create your own site and order form. Usually, you have the option to select between the two alternatives, so it all revolves around how advanced you are in these things. As a domain reseller, you will do business on behalf of your own personal brand and not under the Registrar's brand.
Gain Money From Offering Web Space Hosting Plans As Well
A good supplement to your domain reseller business would be to sell web hosting accounts too. Thereby, you can offer a package deal to people who want to set up their website and demand both a domain and a web page hosting package. Certain corporations furnish such options. With 'ResellersPanel', for instance, you can manage a VPS or a dedicated server, and they will also give you a domain name reseller account and free-of-cost invoice management software to bill your clients. You can then sell top-level domain names and shared hosting accounts to clients, and since they offer plenty of diverse domain extensions, you will be able to offer domain and hosting services to individuals from all around the globe.