Domain name reseller
The World Wide Web is an ever-growing network that offers new opportunities to earn cash on the Internet. One of these opportunities is to become a domain reseller and offer domain names to end customers, making profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered each day, and there are 1 000 000's of currently functioning domains, so this is a developing marketing niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain includes 2 pieces - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The gTLDs include the most conventional domain name extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names involve two-character abbreviations that denote each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code top-level domain name, has a Registry - an institution that handles the registrations and sets the preconditions that each specific TLD may include, such as the length of the registration period or the residency of the registrant. Certain Registrar firms operate under the Registry. These are the corporations that actually sell the domain name to clients and administer all domain records.
Earn Revenue From Trading Domains
Many Registrars have reseller programs that enable people to earn profit from selling domains to end users. If you sign up for such a program, you can set up your very own personal online business. Normally, a domain will be more inexpensive if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end customer. The cause is that resellers can reach more people in provinces or countries where the Registrar may not be famous at all. 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 customer pays and the one that the Registrar requires for the domain name registration.
Sell Domain Names On Behalf Of Your Own Personal Brand
When you sign up for a domain reseller program, you will get a web page hosting Control Panel where you can determine the prices for the different top-level domain names that the Registrar offers. Most corporations also provide invoice transaction software and website themes for your virtual shop, and the automation of the whole process coupled with the growing demand for domain names make the domain name reseller market so tempting. You will either receive a ready-for-use web site and make use of the Registrar platform to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your very own website and order form. Traditionally, you have the option to choose between the 2 alternatives, so it all depends on how expert you are in these matters. As a domain reseller, you will work on behalf of your very own personal brand name and not on behalf of the Registrar's brand.
Make Money From Providing Web Site Hosting Plans Too
A good addition to your domain name reseller business would be to sell web hosting services as well. Thereby, you can give a package deal to people who would like to manage their website and require both a domain name and a hosting account. A few corporations furnish such options. With 'ResellersPanel', for example, you can purchase a VPS or a dedicated server, and they will also give you a domain name reseller account and cost-free invoicing software to bill your customers. You can then sell domains and shared web hosting plans to customers, and since they offer many diverse domain name extensions, you will be able to offer domain and hosting services to clients from all around the globe.