Domain name reseller
The Internet is an ever-increasing network that provides new opportunities to make cash online. One of these possibilities is to be a domain name reseller and sell domains to end customers, making profit from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered each day, and there are 1 000 000's of currently active domains, so this is a growing trading niche that you can be a part of.
TLDs and SLDs
A domain is composed of two components - 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 Top-Level Domains
The Top-Level Domains can be generic or country code. The generic top-level domain names include the most widespread domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains involve two-letter abbreviations that correspond to each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a country-code top-level domain name, has a Registry - an institution that handles the registrations and sets the requirements that each particular Top-Level Domain may involve, including the duration of the registration period or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the firms that in fact sell the domain name to clients and manage all domain name records.
Gain Cash From Offering Domain Names
Lots of Registrars have reseller programs that permit people to gain money from offering domain names to end clients. If you subscribe to such a program, you can establish your very own personal electronic business. Normally, a domain will cost less if it is registered through a reseller rather than if it is bought straight from the Registrar by an end user. The cause is that resellers can reach more clients in areas or states where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both sides will earn a profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar levies for the domain name registration.
Sell Top-Level Domains On Behalf Of Your Very Own Personal Brand
When you register with a domain name reseller program, you will acquire a webspace hosting Control Panel where you can settle the prices for the separate Top-Level Domains that the Registrar offers. Most companies also provide billing management software and design skins for your virtual shop, and the automation of the entire process coupled with the considerable demand for domain names make the domain name reseller business niche so alluring. You will either get a pre-built site and utilize the Registrar platform to resell domains, or they will give you access to their API (Application Programming Interface) so that you can build your very own personal website and form for placing orders. Normally, you have the opportunity to pick between the two alternatives, so it all depends on how trained you are in these issues. As a domain name reseller, you will do business on behalf of your very own brand and not on behalf of the Registrar's brand.
Earn Cash From Supplying Site Hosting Services As Well
A sensible supplement to your domain reseller business would be to sell web hosting services as well. Thus, you can offer a package deal to customers who desire to build their web page and demand both a domain and a hosting plan. A number of companies furnish such options. With 'ResellersPanel', for instance, you can order a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and charge-free invoice transaction software to bill your clients. You can then sell top-level domain names and shared hosting packages to clients, and since they provide many different domain extensions, you will be able to offer domain name and hosting services to people from all around the globe.