Domain name reseller
The World Wide Web is an ever-flourishing system that generates new opportunities to earn cash on the Internet. One of them is to become a domain reseller and offer domain names to end users, gaining profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered each and every day, and there are 1 000 000's of presently active domains, so this is a thriving marketing niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain is composed of two constituents - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the TLD 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 TLDs include the best known domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains involve two-letter abbreviations that denote 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 TLD, has a Registry - an institution that manages the registrations and determines the requirements that each given Top-Level Domain may contain, among them the duration of the registration period or the citizenship of the registrant. Certain Registrar firms work under the Registry. These are the corporations that in fact offer the domain name to customers and handle all domain name resource records.
Make Money From Reselling Domain Names
A lot of Registrars have reseller programs that enable people to earn profit from offering domains to end users. If you subscribe to such a program, you can kickstart your own Internet business. Generally, 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 provinces or countries where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both sides will cash in on that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain name registration.
Offer Domains On Behalf Of Your Own Trademark Name
When you sign up for a domain reseller program, you will have a website hosting CP where you can fix the prices for the specific TLDs that the Registrar provides. Most companies also offer invoicing software and site skins for your virtual store, and the automation of the whole process combined with the immense demand for domains render the domain name reseller market so tempting. You will either get a ready-for-use web site and avail of the Registrar platform to resell domains, or they will give you access to their API (Application Programming Interface) so that you can build your very own site and order form. Commonly, you have the opportunity to select between the 2 possibilities, so it all revolves around how practiced you are in these issues. As a domain name reseller, you will operate under your personal brand and not under the Registrar's brand.
Earn Profit From Offering Web Site Hosting Accounts As Well
A suitable supplement to your domain name reseller business would be to sell web hosting solutions too. Thereby, you can give a package deal to people who desire to establish their web page and demand both a domain and a web site hosting plan. A few companies supply such options. With 'ResellersPanel', for example, you can buy a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost invoice management software to charge your clients. You can then sell top-level domain names and shared hosting packages to customers, and since they provide lots of different domain name extensions, you will be able to offer domain name and hosting services to people from all around the world.