Domain reseller
The World Wide Web is an ever-growing system that supplies new possibilities to earn money online. One of them is to be a domain name reseller and offer domain names to end customers, earning profit from the difference between the wholesale and the retail price of each and every domain name. 1000's of domain names are registered each day, and there are millions of presently active domains, so this is a flourishing business niche that you can become involved in.
TLDs and SLDs
A domain involves two components - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the top-level domain name 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 Domains include the most conventional domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs include 2-letter abbreviations that correspond to each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic Top-Level Domain or a country-code TLD, has a Registry - an institution that handles the registrations and sets the requirements that each given TLD may include, including the length of the registration period or the residency of the registrant. Certain Registrar firms work under the Registry. These are the firms that in fact sell the domain name to customers and manage all domain resource records.
Gain Profit From Offering Domain Names
Plenty of Registrars have reseller programs that allow individuals to earn cash from selling domain names to end users. If you sign up for such a program, you can begin your very own personal web business. Regularly, a domain name will be cheaper if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end user. The reason is that resellers can reach more clients in provinces or states where the Registrar may not be known whatsoever. 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 registration.
Sell Domains On Behalf Of Your Very Own Personal Brand
When you sign up for a domain name reseller program, you will have a site hosting Control Panel where you can set the prices for the different top-level domain names that the Registrar provides. Most companies also provide invoice software and themes for your online shop, and the automation of the whole procedure combined with the towering demand for domain names render the domain name reseller market so desirable. You will either acquire a pre-made site 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 own personal web site and order form. Traditionally, you have the option to pick between the two alternatives, so it all revolves around how skilled you are in these matters. As a domain name reseller, you will do business on behalf of your personal trademark name and not under the Registrar's.
Earn Money From Offering Web Page Hosting Services Too
A good addition to your domain name reseller business would be to sell web hosting plans too. In this way, you can offer a package deal to clients who would like to launch their site and need both a domain and a webspace hosting account. Certain corporations have such options. With 'ResellersPanel', for example, you can buy a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and free invoice transaction software to charge your clients. You can then sell top-level domain names and shared hosting plans to customers, and since they offer plenty of diverse domain name extensions, you will be able to offer domain name and hosting services to customers from all around the world.