Domain name reseller
The World Wide Web is an ever-enlarging system that delivers new ways to earn money online. One of these ways is to become a domain name reseller and sell domain names to end clients, earning profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered each day, and there are millions of presently active domain names, so this is a developing marketing niche that you can be engaged in.
TLDs and SLDs
A domain consists of 2 components - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick 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 best known domain name extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs consist of 2-letter abbreviations that symbolize each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code one, has a Registry - an organization that administers the registrations and determines the preconditions that each specific Top-Level Domain may include, including the length of the registration term or the residency of the registrant. Certain Registrar corporations work under the Registry. These are the corporations that actually sell the domain name to customers and administer all domain name resource records.
Gain Profit From Reselling Domain Names
Numerous Registrars have reseller programs that permit people to earn cash from selling domains to end users. If you sign up for such a program, you can commence your own personal web business. Usually, a domain name will be more inexpensive if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end client. The cause is that resellers can contact more individuals in regions or states where the Registrar may not be popular at all. This means more sales for the Registrar, so both parties will earn a profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar imposes for the domain name registration.
Sell Domain Names Under Your Own Trademark Name
When you sign up for a domain reseller program, you will obtain a web page hosting CP where you can fix the prices for the separate Top-Level Domains that the Registrar provides. Most corporations also provide billing transaction software and site layouts for your web shop, and the automation of the whole process combined with the great demand for domains render the domain name reseller industry so seductive. You will either get a pre-built site and avail of the Registrar system to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can make your own personal site and form for placing orders. Typically, you have the opportunity to choose between the 2 options, so it all revolves around how trained you are in these matters. As a domain reseller, you will work under your personal trademark name and not on behalf of the Registrar's brand.
Gain Revenue From Offering Web Space Hosting Services Too
A relevant supplement to your domain reseller business would be to sell web hosting plans as well. Thus, you can offer a package deal to users who want to create their website and require both a domain name and a web space hosting plan. A number of firms have such options. With 'ResellersPanel', for instance, you can buy a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and free-of-charge invoice software to bill your clients. You can then sell top-level domain names and shared website hosting accounts to clients, and since they provide lots of diverse domain name extensions, you will be able to provide domain and hosting services to people from all over the world.