Domain name reseller
The Internet is an ever-flourishing community that offers new possibilities to earn money on the Internet. One of these ways is to become a domain reseller and offer domain names to end users, earning profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domains are registered each and every day, and there are 1 000 000's of currently functioning domains, so this is a blooming trading niche that you can become involved in.
TLDs and SLDs
A domain name contains two components - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The gTLDs include the most widely used domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs involve 2-character abbreviations that represent each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a country-code one, has a Registry - an institution that is responsible for the registrations and sets the prerequisites that each particular TLD may contain, such as the length of the registration term or the residency of the registrant. Certain Registrar corporations operate under the Registry. These are the companies that actually offer the domain name to customers and manage all domain records.
Earn Profit From Offering Domain Names
Multiple Registrars have reseller programs that allow individuals to make cash from offering domains to end clients. If you subscribe to such a program, you can start your very own electronic business. Regularly, a domain name will be more inexpensive if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end user. The cause is that resellers can contact more users in local districts or states where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both sides will capitalize on that. Your revenue will be the difference between the price that the user pays and the one that the Registrar levies for the domain registration.
Resell Domains On Behalf Of Your Own Trademark Name
When you subscribe to a domain name reseller program, you will obtain a web site hosting CP where you can settle the prices for the specific top-level domain names that the Registrar provides. Most firms also provide billing transaction software and web layouts for your virtual storefront, and the automation of the entire process coupled with the vast demand for domains make the domain name reseller market so attractive. You will either obtain a turn-key site and use the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can set up your very own personal website and order form. Commonly, you have the option to choose between the two options, so it all revolves around how proficient you are in these affairs. As a domain reseller, you will work under your very own brand name and not on behalf of the Registrar's.
Make Money From Trading Web Site Hosting Packages Too
A perfect supplement to your domain name reseller business would be to sell web hosting packages too. In this way, you can offer a package deal to customers who would like to have their web portal and need both a domain and a hosting plan. Certain firms have such options. With 'ResellersPanel', for instance, you can have a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and free billing software to charge your customers. You can then sell top-level domain names and shared hosting accounts to clients, and since they offer lots of diverse domain extensions, you will be able to provide domain and hosting services to individuals from all around the world.