Domain reseller
The Internet is an ever-enlarging network that supplies new options to earn money on the Web. One of these ways is to be a domain reseller and sell domains to end users, generating profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domains are registered every day, and there are 1 000 000's of presently functioning domain names, so this is a thriving marketing niche that you can be involved in.
TLDs and SLDs
A domain is composed of 2 entities - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most famous domain extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names include 2-character abbreviations that signify each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a country-code top-level domain name, has a Registry - an organization that deals with the registrations and sets the preconditions that each concrete top-level domain name may impose, like the length of the registration term or the residency of the registrant. A number of Registrar corporations work under the Registry. These are the companies that actually sell the domain name to customers and handle all domain records.
Earn Revenue From Trading Domains
Lots of Registrars have reseller programs that permit individuals to gain revenue from offering domains to end customers. If you sign up for such a program, you can start your very own personal Internet business. Generally, a domain will cost less if it is registered via a reseller rather than if it is bought straight from the Registrar by an end user. The explanation is that resellers can contact more individuals in regional communities or states where the Registrar may not be known at all. This means more sales for the Registrar, so both parties will profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar charges for the domain registration.
Sell Top-Level Domains Under Your Very Own Personal Brand Name
When you subscribe to a domain reseller program, you will acquire a Control Panel where you can select the prices for the separate Top-Level Domains that the Registrar offers. Most corporations also offer invoice software and design themes for your virtual store, and the automation of the whole procedure coupled with the towering demand for domains make the domain name reseller market niche so seductive. You will either acquire a ready-made web site and avail of the Registrar platform to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can build your own personal site and form for placing orders. Traditionally, you have the opportunity to pick between the two options, so it all depends on how skilled you are in these matters. As a domain reseller, you will do business on behalf of your very own brand and not on behalf of the Registrar's.
Earn Revenue From Providing Web Hosting Plans Too
A proper supplement to your domain name reseller business would be to sell web hosting plans as well. Thus, you can offer a package deal to users who would like to make their site and need both a domain and a web page hosting plan. Particular corporations provide such options. With 'ResellersPanel', for example, you can buy a VPS or a dedicated server, and they will also give you a domain reseller account and charge-free billing software to bill your clients. You can then sell domain names and shared web hosting packages to customers, and since they offer lots of diverse domain extensions, you will be able to offer domain and hosting services to clients from all around the world.