Domain name reseller
The Internet is an ever-flourishing system that supplies new ways to earn cash on the Internet. One of these opportunities is to be a domain name reseller and offer domain names to end users, making revenue from the difference between the wholesale and the retail price of each and every domain name. Thousands of domains are registered each day, and there are 1 000 000's of currently active domain names, so this is a thriving trading niche that you can become involved in.
Top-Level and Second-Level Domains
A domain includes 2 constituents - a top-level domain name (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 Top-Level Domain Names
The top-level domain names can be generic or country code. The generic top-level domain names include the most common domain extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains contain two-character abbreviations that denote 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 TLD or a country-code one, has a Registry - an institution that administers the registrations and determines the preconditions that each specific top-level domain name may impose, including the duration of the registration period or the residency of the registrant. A number of Registrar companies operate under the Registry. These are the companies that in fact offer the domain name to customers and manage all domain resource records.
Earn Profit From Offering Domains
Numerous Registrars have reseller programs that enable people to make cash from offering domain names to end customers. If you sign up for such a program, you can kick off your very own personal web business. As a rule, a domain will be more inexpensive if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end customer. The explanation is that resellers can contact more persons in local regions or states where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both parties will cash in on that. Your revenue will be the difference between the price that the user pays and the one that the Registrar requires for the domain registration.
Sell Domain Names Under Your Very Own Personal Brand
When you register with a domain name reseller program, you will acquire a web site hosting Control Panel where you can settle the prices for the specific Top-Level Domains that the Registrar provides. Most companies also offer invoicing software and web page layouts for your online storefront, and the automation of the entire procedure together with the huge demand for domains make the domain reseller industry so attractive. You will either have a ready-made web site and make use of the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can make your very own website and form for placing orders. Commonly, you have the opportunity to pick between the 2 options, so it all revolves around how expert you are in these things. As a domain reseller, you will do business under your very own personal brand name and not under the Registrar's.
Gain Money From Providing Website Hosting Packages As Well
An adequate supplement to your domain name reseller business would be to sell web hosting services as well. Thus, you can offer a package deal to people who want to create their web page and need both a domain name and a webspace hosting plan. Some corporations offer such options. With 'ResellersPanel', for instance, you can have a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and free billing software to bill your clients. You can then sell Top-Level Domains and shared website hosting plans to customers, and since they offer plenty of diverse domain name extensions, you will be able to provide domain name and hosting services to individuals from all over the world.