Domain name reseller
The Internet is an ever-enlarging system that generates new ways to earn money on the Internet. One of them is to become a domain reseller and sell domains to end customers, gaining revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered each day, and there are 1 000 000's of currently active domain names, so this is a thriving marketing niche that you can become engaged in.
TLDs and SLDs
A domain includes 2 constituents - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic top-level domain names include the most common domain name extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs are made of two-letter abbreviations that represent each country. Instances of country-code Top-Level Domains 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 institution that deals with the registrations and sets the requirements that each given Top-Level Domain may involve, including the duration of the registration period or the residency of the registrant. Certain Registrar firms work under the Registry. These are the companies that in fact offer the domain name to customers and handle all domain resource records.
Gain Profit From Reselling Domain Names
Many Registrars have reseller programs that permit people to gain money from selling domains to end customers. If you sign up for such a program, you can initiate your very own Internet business. As a rule, a domain name will be cheaper if it is registered through a reseller rather than if it is bought straight from the Registrar by an end client. The reason is that resellers can reach more clients in areas or countries where the Registrar may not be famous at all. This means more sales for the Registrar, so both sides will take advantage of that. Your profit will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain name registration.
Trade Domain Names Under Your Own Personal Brand
When you sign up for a domain reseller program, you will obtain a webspace hosting Control Panel where you can select the prices for the specific Top-Level Domains that the Registrar offers. Most corporations also offer invoice software and web design skins for your web store, and the automation of the entire procedure combined with the flourishing demand for domain names make the domain reseller business niche so tempting. You will either obtain a pre-developed website and avail of the Registrar system to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your very own site and order form. Traditionally, you have the opportunity to pick between the 2 options, so it all depends on how skilled you are in these issues. As a domain name reseller, you will do business on behalf of your own trademark name and not on behalf of the Registrar's.
Gain Money From Promoting Hosting Accounts As Well
A sensible supplement to your domain name reseller business would be to sell web hosting solutions too. In this way, you can offer a package deal to people who desire to have their web portal and need both a domain and a web hosting package. A few corporations have such options. With 'ResellersPanel', for instance, you can have a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and charge-free invoicing software to bill your customers. You can then offer top-level domain names and shared web hosting plans to clients, and since they offer plenty of different domain extensions, you will be able to offer domain name and hosting services to people from all around the world.