Domain name reseller
The World Wide Web is an ever-growing system that provides new ways to earn cash online. One of these options is to become a domain reseller and offer domain names to end clients, gaining profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered each and every day, and there are millions of currently functioning domains, so this is a blooming marketing niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain name consists of two parts - 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 TLDs can be generic or country code. The generic Top-Level Domains comprise the most conventional domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains include two-letter abbreviations that correspond to each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a country-code one, has a Registry - an organization that handles the registrations and determines the prerequisites that each particular TLD may have, like the duration of the registration period or the citizenship of the registrant. Certain Registrar firms work under the Registry. These are the corporations that actually offer the domain name to customers and manage all domain records.
Make Money From Trading Domains
A lot of Registrars have reseller programs that enable people to earn revenue from offering domain names to end users. If you subscribe to such a program, you can commence your own Internet business. Normally, 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 client. The cause is that resellers can contact more individuals in areas or states where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both parties will capitalize on that. Your profit will be the difference between the price that the customer pays and the one that the Registrar levies for the domain name registration.
Trade TLDs On Behalf Of Your Very Own Personal Brand Name
When you sign up for a domain name reseller program, you will obtain a website hosting CP where you can settle the prices for the individual top-level domain names that the Registrar offers. Most companies also offer invoicing transaction software and web layouts for your virtual shop, and the automation of the entire process coupled with the growing demand for domain names make the domain reseller industry so alluring. You will either have a ready-for-use website and avail of the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can build your very own personal web portal and form for placing orders. Typically, 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 name reseller, you will operate under your very own brand and not on behalf of the Registrar's brand.
Gain Profit From Reselling Web Space Hosting Accounts Too
An excellent supplement to your domain name reseller business would be to sell web hosting services too. In this way, you can offer a package deal to individuals who desire to manage their web page and require both a domain name and a webspace hosting account. Certain corporations supply such options. With 'ResellersPanel', for example, you can purchase a VPS or a dedicated server, and they will also offer you a domain name reseller account and cost-free invoice software to bill your customers. You can then offer TLDs and shared hosting plans to clients, and since they provide many different domain name extensions, you will be able to provide domain and hosting services to users from all around the world.