Domain reseller
The World Wide Web is an ever-expanding community that delivers new options to earn money online. One of these opportunities is to be a domain name reseller and offer domains to end customers, generating revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered each and every day, and there are 1 000 000's of presently functioning domains, so this is a flourishing marketing niche that you can be engaged in.
TLDs and SLDs
A domain comprises two pieces - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic top-level domain names comprise the most widely used domain name extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs are composed of 2-character abbreviations that signify each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic Top-Level Domain or a country-code one, has a Registry - an organization that tackles the registrations and determines the preconditions that each given top-level domain name may impose, among them the length of the registration period or the citizenship of the registrant. A number of Registrar corporations operate under the Registry. These are the firms that in fact sell the domain name to clients and administer all domain resource records.
Make Money From Trading Domain Names
Many Registrars have reseller programs that enable individuals to make revenue from offering domain names to end customers. If you sign up for such a program, you can establish your own online business. Typically, a domain name will be more inexpensive if it is registered through a reseller rather than if it is bought straight from the Registrar by an end customer. The reason is that resellers can contact more individuals in local communities or states where the Registrar may not be known at all. This implies more sales for the Registrar, so both sides will capitalize on that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain registration.
Trade Domains Under Your Own Personal Brand
When you subscribe to a domain reseller program, you will receive a web space hosting CP where you can select the prices for the different top-level domain names that the Registrar offers. Most firms also offer invoice transaction software and skins for your virtual storefront, and the automation of the entire process combined with the swelling demand for domain names make the domain reseller industry so tempting. You will either get a pre-developed web site and utilize the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your very own personal website and order form. Normally, you have the option to select between the 2 alternatives, so it all depends on how practiced you are in these matters. As a domain reseller, you will sell under your own trademark name and not on behalf of the Registrar's.
Earn Cash From Promoting Site Hosting Accounts As Well
An excellent supplement to your domain reseller business would be to sell web hosting packages too. Thereby, you can offer a package deal to clients who desire to create their web portal and demand both a domain name and a hosting package. Some companies offer such options. With 'ResellersPanel', for example, you can have a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and cost-free invoice transaction software to bill your clients. You can then sell TLDs and shared web hosting plans to customers, and since they provide a lot of different domain extensions, you will be able to provide domain and hosting services to persons from all over the globe.