Domain reseller
The World Wide Web is an ever-developing community that delivers new ways to make cash on the Web. One of them is to become a domain reseller and offer domains to end clients, generating revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered every day, and there are millions of currently active domains, so this is a blooming marketing niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain comprises 2 parts - a Top-Level Domain (TLD) and a second-level domain name (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 Domain Names
The top-level domain names can be generic or country code. The generic top-level domain names comprise the most common domain name extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs comprise 2-character abbreviations that stand for each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code one, has a Registry - an organization that administers the registrations and sets the preconditions that each concrete TLD may include, such as the duration of the registration term or the residency of the registrant. Certain Registrar companies operate under the Registry. These are the companies that actually offer the domain name to customers and handle all domain records.
Gain Money From Selling Domain Names
Plenty of Registrars have reseller programs that allow individuals to earn money from selling domain names to end clients. If you register with such a program, you can initiate your very own Internet business. Usually, a domain name will be cheaper if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end user. The explanation is that resellers can contact more people in local districts or countries where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both sides will make a profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar levies for the domain registration.
Offer Top-Level Domains Under Your Own Personal Brand
When you subscribe to a domain name reseller program, you will obtain a web space hosting Control Panel where you can settle the prices for the separate TLDs that the Registrar offers. Most firms also offer billing transaction software and web templates for your virtual store, and the automation of the whole process coupled with the growing demand for domains render the domain reseller market niche so seductive. You will either acquire a ready-made website and use the Registrar platform to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your own web page and form for placing orders. Usually, you have the option to choose between the 2 possibilities, so it all revolves around how experienced you are in these affairs. As a domain reseller, you will work on behalf of your own brand name and not on behalf of the Registrar's.
Gain Cash From Offering Site Hosting Packages Too
An excellent supplement to your domain name reseller business would be to sell web hosting solutions too. Thereby, you can offer a package deal to clients who want to develop their web page and demand both a domain name and a webspace hosting account. A few firms provide such options. With 'ResellersPanel', for instance, you can have a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and free-of-charge invoice management software to charge your clients. You can then sell Top-Level Domains and shared hosting accounts to clients, and since they provide lots of different domain extensions, you will be able to offer domain name and hosting services to users from all around the world.