Domain reseller
The World Wide Web is an ever-growing platform that offers new opportunities to gain money online. One of these opportunities is to be a domain name reseller and offer domain names to end clients, making 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 domains, so this is a growing marketing niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain name is made of 2 entities - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The gTLDs include the most famous domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs are made of two-character abbreviations that symbolize each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code TLD, has a Registry - an organization that tackles the registrations and sets the requirements that each specific top-level domain name may have, such as the length of the registration term or the residency of the registrant. A number of Registrar companies operate under the Registry. These are the companies that actually sell the domain name to clients and administer all domain resource records.
Gain Revenue From Trading Domains
Lots of Registrars have reseller programs that enable people to gain revenue from selling domain names to end clients. If you register with such a program, you can establish your own Internet business. As a rule, a domain name will be cheaper if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end client. The cause is that resellers can contact more customers in regions or countries where the Registrar may not be famous at all. This implies more sales for the Registrar, so both sides will benefit 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 name registration.
Offer Top-Level Domain Names Under Your Own Personal Brand Name
When you subscribe to a domain name reseller program, you will receive a CP where you can choose the prices for the different TLDs that the Registrar provides. Most corporations also offer invoice management software and web site skins for your web shop, and the automation of the whole procedure combined with the large demand for domains render the domain reseller industry so seductive. You will either have a pre-built site and make use of the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your very own web site and order form. Typically, you have the opportunity to pick between the 2 alternatives, so it all depends on how skilled you are in these issues. As a domain reseller, you will do business on behalf of your own brand and not on behalf of the Registrar's brand.
Make Cash From Offering Web Site Hosting Services Too
An excellent addition to your domain reseller business would be to sell web hosting services as well. Thus, you can offer a package deal to persons who desire to have their site and require both a domain and a web hosting package. A number of firms have such options. With 'ResellersPanel', for example, you can manage a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and charge-free billing software to charge your customers. You can then offer domains and shared web hosting packages to clients, and since they provide many different domain name extensions, you will be able to offer domain name and hosting services to users from all over the globe.