Domain name reseller
The World Wide Web is an ever-expanding network that supplies new ways to make money online. One of them is to become a domain reseller and offer domains to end users, gaining revenue from the difference between the wholesale and the retail price of each 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 an increasing marketing niche that you can become involved in.
TLDs and SLDs
A domain contains two pieces - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the second-level domain name.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic TLDs include the most conventional domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs comprise two-character abbreviations that correspond to each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic Top-Level Domain or a country-code one, has a Registry - an organization that deals with the registrations and sets the requirements that each particular TLD may have, including the duration of the registration term or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the companies that in fact offer the domain name to customers and manage all domain records.
Make Profit From Trading Domains
Numerous Registrars have reseller programs that allow individuals to earn cash from offering domains to end clients. If you sign up for such a program, you can commence your own personal Internet business. Normally, a domain name will be more inexpensive if it is registered through a reseller rather than if it is bought directly from the Registrar by an end client. The reason is that resellers can contact more people in areas or countries where the Registrar may not be popular at all. This implies more sales for the Registrar, so both sides will earn a profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar charges for the domain registration.
Offer Top-Level Domains Under Your Own Brand
When you sign up for a domain reseller program, you will acquire a web site hosting CP where you can settle the prices for the individual TLDs that the Registrar offers. Most corporations also offer billing software and layouts for your web store, and the automation of the entire procedure together with the towering demand for domains render the domain reseller market so attractive. You will either have a turn-key web site and utilize the Registrar system to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can set up your very own personal online portal and form for placing orders. Traditionally, you have the option to pick between the 2 alternatives, so it all depends on how skillful you are in these issues. As a domain reseller, you will operate on behalf of your own trademark name and not on behalf of the Registrar's brand.
Earn Money From Promoting Web Hosting Accounts As Well
A nice supplement to your domain name reseller business would be to sell web hosting accounts too. Thus, you can offer a package deal to people who wish to launch their web site and demand both a domain name and a site hosting package. Certain firms have such options. With 'ResellersPanel', for instance, you can order a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and free invoicing software to charge your customers. You can then offer domain names and shared web hosting accounts to clients, and since they offer plenty of different domain extensions, you will be able to provide domain and hosting services to customers from all over the globe.