Domain name reseller
The Internet is an ever-increasing network that generates new possibilities to make cash on the Internet. One of these opportunities is to be a domain name reseller and sell domain names to end users, generating 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 millions of presently active domain names, so this is a flowering trading niche that you can become a part of.
TLDs and SLDs
A domain name involves two pieces - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The gTLDs comprise the best known domain extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs involve two-letter abbreviations that stand for each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code top-level domain name, has a Registry - an organization that tackles the registrations and sets the prerequisites that each particular top-level domain name may have, like the length of the registration period or the citizenship of the registrant. A number of Registrar companies work under the Registry. These are the corporations that in fact sell the domain name to customers and administer all domain resource records.
Earn Revenue From Selling Domain Names
Lots of Registrars have reseller programs that allow people to earn revenue from offering domain names to end clients. If you register with such a program, you can launch your own personal electronic business. Regularly, a domain name will be cheaper if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end client. The cause is that resellers can reach more people in regional districts or countries where the Registrar may not be famous at all. 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 client pays and the one that the Registrar levies for the domain name registration.
Offer Top-Level Domains Under Your Very Own Personal Brand Name
When you subscribe to a domain name reseller program, you will get a web space hosting Control Panel where you can set the prices for the specific top-level domain names that the Registrar provides. Most companies also offer invoice management software and web themes for your virtual store, and the automation of the whole procedure coupled with the large demand for domain names render the domain name reseller industry so tempting. You will either have a turn-key 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 set up your own personal web page and order form. Generally, you have the option to choose between the two options, so it all revolves around how skillful you are in these issues. As a domain reseller, you will do business under your very own personal brand and not under the Registrar's.
Gain Cash From Offering Web Space Hosting Accounts Too
A proper addition to your domain reseller business would be to sell web hosting accounts too. Thus, you can offer a package deal to clients who desire to have their web portal and need both a domain and a hosting plan. Particular corporations have such options. With 'ResellersPanel', for example, you can run a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and charge-free billing transaction software to bill your clients. You can then sell domains and shared hosting plans to clients, and since they provide many diverse domain name extensions, you will be able to provide domain name and hosting services to people from all around the globe.