Domain reseller
The World Wide Web is an ever-increasing system that furnishes new possibilities to earn cash on the Internet. One of them is to become a domain name reseller and offer domain names to end users, earning profit from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each day, and there are 1 000 000's of presently active domain names, so this is a flourishing marketing niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain name contains 2 entities - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic Top-Level Domains include the most famous domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains are composed of two-character abbreviations that stand for each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic Top-Level Domain or a country-code Top-Level Domain, has a Registry - an institution that deals with the registrations and sets the prerequisites that each concrete TLD may have, such as the length of the registration term or the residency of the registrant. Certain Registrar companies operate under the Registry. These are the firms that in fact offer the domain name to clients and administer all DNS records.
Earn Money From Offering Domains
A lot of Registrars have reseller programs that enable people to earn money from selling domains to end clients. If you sign up for such a program, you can commence your very own electronic business. Typically, a domain name will be cheaper if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end user. The cause is that resellers can contact more individuals in local regions or states where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both sides will earn a profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar levies for the domain registration.
Trade Top-Level Domains Under Your Own Personal Brand Name
When you register with a domain reseller program, you will receive a web space hosting Control Panel where you can select the prices for the individual Top-Level Domains that the Registrar offers. Most corporations also offer invoice management software and web templates for your virtual shop, and the automation of the entire process coupled with the great demand for domains render the domain reseller market so seductive. You will either obtain a ready-to-use site and use the Registrar system to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your very own web page and order form. Usually, you have the option to decide between the 2 alternatives, so it all revolves around how expert you are in these things. As a domain reseller, you will sell on behalf of your personal brand and not on behalf of the Registrar's brand.
Gain Revenue From Trading Web Hosting Accounts Too
A relevant supplement to your domain name reseller business would be to sell web hosting services as well. Thus, you can give a package deal to users who desire to create their web page and need both a domain name and a web page hosting account. Given firms furnish such options. With 'ResellersPanel', for instance, you can run a VPS or a dedicated server, and they will also offer you a domain name reseller account and cost-free invoicing transaction software to bill your customers. You can then sell top-level domain names and shared website hosting accounts to customers, and since they provide a lot of different domain extensions, you will be able to provide domain and hosting services to people from all around the world.