Domain name reseller
The World Wide Web is an ever-expanding community that generates new opportunities to make cash on the Web. One of these options is to become a domain reseller and sell domains to end customers, making revenue 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 millions of currently active domain names, so this is an enlarging marketing niche that you can be engaged in.
TLDs and SLDs
A domain consists of two constituents - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic TLDs comprise the most common domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names contain 2-letter abbreviations that signify each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic Top-Level Domain or a ccTLD, has a Registry - an organization that is responsible for the registrations and sets the preconditions that each specific Top-Level Domain may impose, among them the duration of the registration term or the citizenship of the registrant. Certain Registrar corporations operate under the Registry. These are the companies that in fact offer the domain name to clients and handle all domain name records.
Gain Profit From Trading Domain Names
Lots of Registrars have reseller programs that allow people to make cash from selling domains to end customers. If you register with such a program, you can begin your very own online business. Normally, a domain will be more inexpensive if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end client. The cause is that resellers can contact more clients in regional districts or states where the Registrar may not be known at all. This means more sales for the Registrar, so both parties will capitalize on 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.
Offer Top-Level Domain Names On Behalf Of Your Personal Brand Name
When you subscribe to a domain reseller program, you will receive a hosting CP where you can choose the prices for the specific top-level domain names that the Registrar offers. Most companies also provide invoice management software and web design skins for your virtual store, and the automation of the entire process coupled with the towering demand for domain names render the domain reseller industry so seductive. You will either have a pre-built web site and utilize the Registrar system to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can make your own personal web site and order form. Commonly, you have the opportunity to choose between the 2 possibilities, so it all revolves around how accomplished you are in these things. As a domain reseller, you will do business under your personal brand and not under the Registrar's brand.
Earn Money From Supplying Hosting Accounts As Well
A relevant supplement to your domain name reseller business would be to sell web hosting plans too. In this way, you can give a package deal to persons who wish to develop their web site and require both a domain and a web space hosting package. A number of corporations supply such options. With 'ResellersPanel', for example, you can run a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and free-of-charge invoicing transaction software to charge your clients. You can then sell top-level domain names and shared web hosting accounts to customers, and since they provide many diverse domain extensions, you will be able to provide domain name and hosting services to individuals from all over the world.