Domain name reseller
The Internet is an ever-developing system that generates new opportunities to earn money on the Web. One of these opportunities is to be a domain reseller and offer domain names to end customers, earning profit from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered each day, and there are millions of currently active domain names, so this is a growing marketing niche that you can become involved in.
Top-Level and Second-Level Domains
A domain involves 2 pieces - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".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 Top-Level Domains include the best known domain extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs are made of 2-letter abbreviations that represent each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a country-code top-level domain name, has a Registry - an organization that administers the registrations and determines the requirements that each given TLD may have, among them the length of the registration period or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the firms that in fact offer the domain name to clients and administer all DNS resource records.
Earn Money From Trading Domains
Plenty 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 commence your own Internet business. Typically, a domain name will be cheaper if it is registered via a reseller rather than if it is bought straight from the Registrar by an end client. The reason is that resellers can contact more people in local communities or states where the Registrar may not be known at all. This means more sales for the Registrar, so both parties will make a profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar imposes for the domain registration.
Resell Top-Level Domain Names On Behalf Of Your Personal Trademark Name
When you subscribe to a domain reseller program, you will get a webspace hosting CP where you can determine the prices for the separate top-level domain names that the Registrar provides. Most firms also provide invoicing software and website themes for your web store, and the automation of the whole procedure combined with the increasing demand for domain names render the domain reseller business so alluring. You will either receive a turn-key website and make use of the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can create your very own site and order form. Normally, you have the opportunity to decide between the two alternatives, so it all revolves around how experienced you are in these matters. As a domain name reseller, you will work on behalf of your very own trademark name and not under the Registrar's.
Gain Money From Trading Website Hosting Solutions As Well
An adequate addition to your domain reseller business would be to sell web hosting solutions as well. Thereby, you can give a package deal to individuals who want to launch their web site and demand both a domain name and a site hosting account. Some companies provide such options. With 'ResellersPanel', for instance, you can buy a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and free-of-cost invoicing transaction software to bill your customers. You can then sell domains and shared website hosting packages to clients, and since they offer plenty of different domain name extensions, you will be able to offer domain name and hosting services to persons from all around the world.