Domain reseller
The Internet is an ever-flourishing system that offers new possibilities to make money on the Internet. One of these opportunities is to become a domain reseller and offer domains to end customers, making profit 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 presently active domain names, so this is a thriving marketing niche that you can become a part of.
Top-Level and Second-Level Domains
A domain name involves 2 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 second-level domain name.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The gTLDs include the most widespread domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs include 2-character abbreviations that represent each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a ccTLD, has a Registry - an institution that administers the registrations and determines the prerequisites that each concrete TLD may entail, among them the length of the registration period or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the firms that in fact sell the domain name to clients and manage all DNS records.
Make Profit From Selling Domain Names
Multiple Registrars have reseller programs that enable people to make money from offering domain names to end customers. If you subscribe to such a program, you can start your own personal electronic business. Typically, a domain will cost less if it is registered through 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 local districts or states where the Registrar may not be famous at all. This implies more sales for the Registrar, so both parties will capitalize on that. Your profit will be the difference between the price that the customer pays and the one that the Registrar charges for the domain name registration.
Offer TLDs On Behalf Of Your Very Own Personal Trademark Name
When you register with a domain reseller program, you will receive a website hosting CP where you can settle the prices for the specific TLDs that the Registrar offers. Most corporations also provide invoicing software and layouts for your web store, and the automation of the whole process combined with the swelling demand for domains render the domain name reseller market so tempting. You will either get a turn-key website and make use of the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can build your very own personal portal and form for placing orders. Usually, you have the option to choose between the two options, so it all revolves around how skillful you are in these things. As a domain name reseller, you will work on behalf of your own personal brand and not under the Registrar's brand.
Gain Money From Providing Webspace Hosting Plans Too
A good supplement to your domain reseller business would be to sell web hosting solutions as well. Thus, you can offer a package deal to persons who wish to manage their web portal and require both a domain name and a website hosting plan. A few firms furnish such options. With 'ResellersPanel', for instance, you can buy a Virtual Private 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 customers. You can then offer domains and shared hosting plans to clients, and since they offer plenty of diverse domain extensions, you will be able to provide domain name and hosting services to individuals from all over the world.