Domain name reseller
The Internet is an ever-growing system that provides new opportunities to earn money on the Internet. One of these possibilities is to be a domain reseller and offer domains to end customers, gaining profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered every day, and there are millions of presently functioning domains, so this is a flowering marketing niche that you can become involved in.
TLDs and SLDs
A domain name comprises two parts - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic top-level domain names comprise the most widespread domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names consist of two-letter abbreviations that represent each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a country-code one, has a Registry - an organization that manages the registrations and determines the prerequisites that each concrete Top-Level Domain may impose, among them 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.
Gain Money From Trading Domain Names
Plenty of Registrars have reseller programs that enable people to gain profit from offering domain names to end clients. If you subscribe to such a program, you can commence your own personal online business. Normally, a domain will cost less if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end user. The explanation is that resellers can contact more persons in regional districts or states where the Registrar may not be popular whatsoever. 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 requires for the domain name registration.
Trade Domain Names Under Your Own Personal Brand
When you subscribe to a domain name reseller program, you will get a web hosting CP where you can select the prices for the individual TLDs that the Registrar offers. Most firms also provide invoicing software and web themes for your virtual store, and the automation of the entire procedure coupled with the enlarging demand for domain names render the domain reseller business so attractive. You will either get a ready-for-use web site and avail of the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can build your very own web portal and order form. Typically, you have the opportunity to decide between the two options, so it all depends on how practiced you are in these issues. As a domain name reseller, you will operate on behalf of your personal trademark name and not on behalf of the Registrar's.
Earn Money From Selling Hosting Plans As Well
A suitable supplement to your domain reseller business would be to sell web hosting plans as well. In this way, you can give a package deal to customers who wish to make their site and need both a domain and a hosting account. Particular firms offer such options. With 'ResellersPanel', for example, you can manage a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost invoicing software to charge your clients. You can then sell top-level domain names and shared website hosting packages to clients, and since they offer lots of diverse domain extensions, you will be able to offer domain and hosting services to persons from all around the world.