Domain name reseller
The World Wide Web is an ever-increasing community that delivers new options to earn money on the Internet. One of these possibilities is to become a domain name reseller and offer domain names to end clients, earning profit from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered each and every day, and there are 1 000 000's of currently functioning domain names, so this is an enlarging marketing niche that you can be a part of.
Top-Level and Second-Level Domains
A domain consists of 2 components - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic TLDs include the most widely used domain extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs are made of two-letter abbreviations that represent each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a country-code top-level domain name, has a Registry - an institution that tackles the registrations and sets the requirements that each specific top-level domain name may include, among them the length of the registration term or the residency of the registrant. A number of Registrar firms work under the Registry. These are the firms that actually sell the domain name to customers and administer all DNS records.
Earn Revenue From Trading Domain Names
A lot of Registrars have reseller programs that permit people to earn cash from selling domain names to end users. If you sign up for such a program, you can kickstart your very own online business. Usually, a domain name will cost less if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end customer. The reason is that resellers can reach more users in regional communities or countries where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides will make a profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain registration.
Resell Domains Under Your Very Own Personal Trademark Name
When you subscribe to a domain reseller program, you will have a web page hosting Control Panel where you can select the prices for the individual TLDs that the Registrar offers. Most firms also offer billing transaction software and web site skins for your web store, and the automation of the whole procedure together with the large demand for domain names render the domain reseller business so alluring. You will either obtain a ready-made site and avail of the Registrar system to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can make your very own personal site and order form. Generally, you have the opportunity to choose between the two alternatives, so it all depends on how accomplished you are in these matters. As a domain reseller, you will do business under your very own trademark name and not under the Registrar's.
Earn Cash From Trading Web Space Hosting Services As Well
An adequate supplement to your domain name reseller business would be to sell web hosting solutions too. Thereby, you can give a package deal to users who want to run their website and need both a domain and a webspace hosting account. Certain companies have such options. With 'ResellersPanel', for example, you can order a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and charge-free invoicing software to bill your customers. You can then offer TLDs and shared web hosting plans to customers, and since they provide plenty of diverse domain name extensions, you will be able to provide domain name and hosting services to individuals from all around the world.