Domain reseller
The World Wide Web is an ever-enlarging system that delivers new possibilities to earn cash on the Internet. One of these options is to be a domain reseller and sell domain names to end clients, gaining profit from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered each and every day, and there are 1 000 000's of presently active domains, so this is a blossoming marketing niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain name comprises 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.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most common domain extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains are made of two-letter abbreviations that represent each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a country-code one, has a Registry - an institution that handles the registrations and sets the preconditions that each particular TLD may have, such as the length of the registration period or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the corporations that actually offer the domain name to customers and handle all domain records.
Make Cash From Selling Domain Names
Multiple Registrars have reseller programs that enable people to earn revenue from offering domains to end users. If you register with such a program, you can commence your own web business. As a rule, a domain will be cheaper if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end customer. The reason is that resellers can contact more customers in local districts or countries where the Registrar may not be popular at all. This means 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 customer pays and the one that the Registrar requires for the domain name registration.
Trade Top-Level Domain Names Under Your Very Own Personal Trademark Name
When you subscribe to a domain name reseller program, you will acquire a web site hosting CP where you can fix the prices for the various TLDs that the Registrar offers. Most companies also offer invoicing software and web layouts for your online shop, and the automation of the entire process together with the expanding demand for domains render the domain reseller market niche so alluring. You will either acquire a pre-developed website and make use of the Registrar platform to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can make your own web page and form for placing orders. Generally, you have the option to choose between the 2 possibilities, so it all revolves around how expert you are in these matters. As a domain reseller, you will sell under your very own trademark name and not under the Registrar's.
Gain Money From Supplying Webspace Hosting Accounts Too
A suitable addition to your domain name reseller business would be to sell web hosting packages too. In this way, you can offer a package deal to individuals who wish to build their web page and need both a domain and a webspace hosting package. Some companies provide such options. With 'ResellersPanel', for instance, you can buy a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and cost-free invoice transaction software to charge your customers. You can then sell Top-Level Domains and shared hosting packages to clients, and since they offer lots of different domain extensions, you will be able to provide domain name and hosting services to persons from all over the globe.