Domain name reseller
The Internet is an ever-increasing system that furnishes new possibilities to earn money on the Web. One of these ways is to be a domain reseller and offer domain names to end customers, generating revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered each and every day, and there are millions of presently active domains, so this is a flourishing marketing niche that you can become engaged in.
TLDs and SLDs
A domain involves 2 parts - a Top-Level Domain (TLD) and a second-level domain name (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 TLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the best known domain name extensions like .com, .net, .org, .mobi, .info, while the ccTLDs are made of 2-letter abbreviations that signify each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code top-level domain name, has a Registry - an organization that tackles the registrations and sets the preconditions that each given Top-Level Domain may include, including the length of the registration period or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the corporations that in fact sell the domain name to clients and manage all DNS resource records.
Gain Cash From Trading Domain Names
A lot of Registrars have reseller programs that permit individuals to earn profit from offering domain names to end clients. If you register with such a program, you can set up your own electronic business. Typically, a domain name will cost less if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end client. The reason is that resellers can contact more persons in regions or states where the Registrar may not be famous at all. This implies more sales for the Registrar, so both parties will benefit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain registration.
Offer Domain Names Under Your Own Trademark Name
When you register with a domain reseller program, you will obtain a hosting CP where you can determine the prices for the various TLDs that the Registrar offers. Most corporations also offer invoice management software and web themes for your online storefront, and the automation of the entire procedure coupled with the vast demand for domain names make the domain reseller market so seductive. You will either acquire a pre-made web site and make use of the Registrar system to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can set up your very own personal website and form for placing orders. Usually, you have the opportunity to select between the two alternatives, so it all revolves around how proficient you are in these affairs. As a domain reseller, you will sell on behalf of your very own personal brand and not under the Registrar's.
Earn Money From Providing Web Page Hosting Accounts Too
A relevant addition to your domain reseller business would be to sell web hosting solutions too. Thus, you can offer a package deal to clients who want to make their web portal and demand both a domain name and a webspace hosting plan. Certain corporations supply such options. With 'ResellersPanel', for example, you can run a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and free-of-charge invoicing software to bill your clients. You can then offer Top-Level Domains and shared website hosting plans to customers, and since they provide lots of different domain name extensions, you will be able to offer domain and hosting services to individuals from all around the world.