Domain name reseller
The Internet is an ever-growing system that furnishes new opportunities to gain cash online. One of these possibilities is to become a domain reseller and offer domains to end clients, generating revenue 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 domain names, so this is a blossoming business niche that you can be a part of.
Top-Level and Second-Level Domains
A domain involves 2 entities - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic TLDs comprise the most conventional domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains involve 2-letter abbreviations that symbolize 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 gTLD or a ccTLD, has a Registry - an organization that handles the registrations and determines the requirements that each specific Top-Level Domain may have, including the length of the registration period or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the corporations that in fact offer the domain name to customers and administer all domain resource records.
Make Profit From Offering Domain Names
Lots of Registrars have reseller programs that allow people to earn cash from selling domain names to end customers. If you register with such a program, you can start your very own Internet business. Normally, a domain name will cost less if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end customer. The explanation is that resellers can reach more people in local regions or countries where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both parties will make a profit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar charges for the domain name registration.
Trade Top-Level Domains Under Your Own Brand Name
When you register with a domain name reseller program, you will obtain a hosting CP where you can choose the prices for the different Top-Level Domains that the Registrar provides. Most corporations also provide invoice transaction software and design layouts for your online store, and the automation of the whole process coupled with the rising demand for domains render the domain name reseller business so seductive. You will either get a pre-made site and avail of the Registrar platform to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your own personal web page and order form. Commonly, you have the opportunity to pick between the 2 possibilities, so it all revolves around how skillful you are in these matters. As a domain reseller, you will do business on behalf of your own brand and not under the Registrar's brand.
Gain Money From Promoting Webspace Hosting Packages As Well
An adequate addition to your domain name reseller business would be to sell web hosting accounts too. In this way, you can offer a package deal to people who wish to build their web page and need both a domain and a hosting plan. Particular companies supply such options. With 'ResellersPanel', for instance, you can run a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and free-of-cost invoice management software to charge your clients. You can then sell domains and shared web hosting accounts to clients, and since they provide many different domain name extensions, you will be able to offer domain and hosting services to persons from all over the world.