Domain name reseller
The Internet is an ever-expanding system that furnishes new opportunities to make cash online. One of them is to become a domain name reseller and sell domain names to end users, gaining revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each and every day, and there are millions of presently active domains, so this is a growing business niche that you can be a part of.
TLDs and SLDs
A domain name includes 2 parts - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the second-level domain name.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic Top-Level Domains comprise the most popular domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names involve two-character abbreviations that represent each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a country-code top-level domain name, has a Registry - an institution that deals with the registrations and sets the prerequisites that each concrete Top-Level Domain may include, like the length of the registration term or the citizenship of the registrant. Certain Registrar firms operate under the Registry. These are the corporations that actually offer the domain name to clients and manage all domain records.
Make Profit From Reselling Domain Names
Lots of Registrars have reseller programs that permit people to make profit from selling domain names to end users. If you register with such a program, you can set up your own personal e-business. Commonly, a domain will be cheaper if it is registered through a reseller rather than if it is bought straight from the Registrar by an end user. The reason is that resellers can contact more users in local communities or countries where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both parties will make a profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar charges for the domain registration.
Trade Top-Level Domains On Behalf Of Your Very Own Personal Brand Name
When you register with a domain name reseller program, you will acquire a web space hosting CP where you can settle the prices for the separate TLDs that the Registrar offers. Most firms also offer invoicing software and web site themes for your online storefront, and the automation of the entire process combined with the rising demand for domains render the domain reseller business so desirable. You will either acquire a ready-for-use website and avail of the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can create your own website and form for placing orders. Commonly, you have the opportunity to decide between the 2 alternatives, so it all revolves around how skilled you are in these affairs. As a domain name reseller, you will sell under your own brand name and not under the Registrar's.
Make Cash From Supplying Web Site Hosting Accounts As Well
A good supplement to your domain name reseller business would be to sell web hosting solutions as well. In this way, you can offer a package deal to people who wish to make their web site and need both a domain name and a web page hosting account. Given firms supply 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 reseller account and free-of-cost invoice software to bill your clients. You can then sell domain names and shared website hosting plans to clients, and since they offer many diverse domain name extensions, you will be able to offer domain and hosting services to users from all around the world.