Domain name reseller
The World Wide Web is an ever-growing community that offers new possibilities to earn money on the Web. One of them is to become a domain reseller and sell domains to end clients, making 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 millions of currently functioning domains, so this is a flowering marketing niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain name contains two 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 generic TLDs include the most widespread domain name extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs are made of two-letter abbreviations that correspond to each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code Top-Level Domain, has a Registry - an organization that tackles the registrations and determines the requirements that each particular TLD may have, such as the length of the registration period or the citizenship of the registrant. Certain Registrar corporations operate under the Registry. These are the companies that actually offer the domain name to clients and manage all domain name resource records.
Earn Cash From Selling Domains
Lots of Registrars have reseller programs that permit people to make cash from offering domain names to end customers. If you register with such a program, you can initiate your own personal e-business. Typically, a domain will be cheaper if it is registered through a reseller rather than if it is bought straight from the Registrar by an end user. The cause is that resellers can contact more users in local regions or states where the Registrar may not be famous at all. This means more sales for the Registrar, so both sides will benefit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar requires for the domain registration.
Sell Domain Names On Behalf Of Your Personal Trademark Name
When you sign up for a domain reseller program, you will obtain a web space hosting Control Panel where you can determine the prices for the different TLDs that the Registrar offers. Most companies also provide invoice software and site layouts for your web store, and the automation of the whole process coupled with the swelling demand for domains make the domain reseller market so tempting. You will either acquire a pre-built web site and avail of the Registrar platform to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can make your very own personal site and order form. Usually, you have the option to decide between the 2 possibilities, so it all depends on how trained you are in these matters. As a domain reseller, you will do business on behalf of your very own personal brand name and not under the Registrar's.
Gain Cash From Promoting Website Hosting Solutions As Well
A perfect supplement to your domain name reseller business would be to sell web hosting accounts too. Thus, you can give a package deal to clients who want to run their site and need both a domain name and a web space hosting plan. Some companies provide such options. With 'ResellersPanel', for instance, you can run a VPS or a dedicated server, and they will also offer you a domain reseller account and free billing software to bill your clients. You can then sell top-level domain names and shared hosting plans to clients, and since they provide plenty of different domain name extensions, you will be able to offer domain and hosting services to individuals from all around the world.