Domain name reseller
The Internet is an ever-flourishing network that offers new ways to earn money on the Internet. One of these options is to be a domain name reseller and offer domains to end customers, making profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered each and every day, and there are 1 000 000's of presently functioning domains, so this is a developing marketing niche that you can be engaged in.
TLDs and SLDs
A domain name consists of two entities - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most conventional domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names comprise 2-letter abbreviations that denote 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 or a country-code Top-Level Domain, has a Registry - an organization that is responsible for the registrations and determines the requirements that each concrete top-level domain name may contain, such as the duration of the registration term or the citizenship of the registrant. A number of Registrar corporations operate under the Registry. These are the companies that actually offer the domain name to customers and manage all domain records.
Earn Cash From Trading Domain Names
A lot of Registrars have reseller programs that allow individuals to make cash from selling domains to end clients. If you register with such a program, you can establish your own personal electronic business. Generally, a domain will cost less if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end user. The reason is that resellers can contact more clients in regional communities or countries where the Registrar may not be known at all. This implies more sales for the Registrar, so both sides will take advantage of that. Your revenue will be the difference between the price that the client pays and the one that the Registrar requires for the domain name registration.
Trade TLDs Under Your Personal Trademark Name
When you subscribe to a domain reseller program, you will have a web space hosting Control Panel where you can set the prices for the different top-level domain names that the Registrar provides. Most corporations also provide invoice software and web design skins for your online storefront, and the automation of the entire procedure together with the enlarging demand for domain names render the domain reseller business so tempting. You will either obtain a ready-to-use site and utilize the Registrar platform to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can make your very own online portal and order form. Commonly, you have the option to select between the two options, so it all depends on how trained you are in these issues. As a domain reseller, you will operate on behalf of your personal trademark name and not on behalf of the Registrar's brand.
Earn Money From Selling Web Site Hosting Solutions Too
A good supplement to your domain name reseller business would be to sell web hosting packages too. Thus, you can give a package deal to people who would like to develop their web portal and demand both a domain and a website hosting account. Some corporations furnish such options. With 'ResellersPanel', for example, you can purchase a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and free billing software to bill your customers. You can then offer top-level domain names and shared website hosting packages to customers, and since they provide a lot of different domain extensions, you will be able to provide domain and hosting services to individuals from all over the globe.