Domain name reseller
The Internet is an ever-developing network that supplies new opportunities to make money on the Web. One of these opportunities is to become a domain reseller and offer domain names to end users, making profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domains are registered each day, and there are millions of currently functioning domain names, so this is a flourishing marketing niche that you can become involved in.
Top-Level and Second-Level Domains
A domain name is made of 2 constituents - 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 Second-Level Domain.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic TLDs comprise the most widely used domain extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names contain 2-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 generic Top-Level Domain or a country-code one, has a Registry - an organization that tackles the registrations and determines the requirements that each concrete top-level domain name may involve, such as the length of the registration term or the citizenship of the registrant. Certain Registrar corporations operate under the Registry. These are the companies that actually sell the domain name to clients and manage all domain name resource records.
Make Cash From Selling Domain Names
Many Registrars have reseller programs that allow people to earn cash from offering domains to end users. If you sign up for such a program, you can build your very own personal electronic business. Typically, a domain name will cost less if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end customer. The explanation is that resellers can reach more individuals in regional communities or countries where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both sides will capitalize on that. Your revenue will be the difference between the price that the user pays and the one that the Registrar requires for the domain registration.
Resell Domains On Behalf Of Your Personal Trademark Name
When you sign up for a domain reseller program, you will acquire a web site hosting CP where you can fix the prices for the different Top-Level Domains that the Registrar offers. Most companies also offer invoicing transaction software and web site themes for your online shop, and the automation of the entire procedure combined with the considerable demand for domains render the domain name reseller industry so desirable. You will either get a turn-key site and use the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your very own online portal and form for placing orders. Typically, you have the option to choose between the 2 possibilities, so it all revolves around how experienced you are in these things. As a domain reseller, you will operate under your very own personal trademark name and not under the Registrar's.
Earn Revenue From Reselling Web Site Hosting Accounts Too
An adequate supplement to your domain name reseller business would be to sell web hosting plans as well. Thus, you can give a package deal to persons who wish to create their web portal and demand both a domain name and a web hosting package. A few companies have such options. With 'ResellersPanel', for instance, you can order a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and free-of-charge billing software to bill your customers. You can then sell Top-Level Domains and shared website hosting accounts to customers, and since they offer many diverse domain extensions, you will be able to provide domain name and hosting services to customers from all around the globe.