Domain name reseller
The Internet is an ever-developing network that offers new ways to earn money on the Web. One of these ways is to become a domain reseller and sell domains to end customers, generating revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered each and every day, and there are 1 000 000's of currently functioning domain names, so this is a flowering business niche that you can become involved in.
TLDs and SLDs
A domain name is composed of 2 parts - 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 name 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 generic top-level domain names include the most famous domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names consist of 2-character abbreviations that signify each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code top-level domain name, has a Registry - an institution that is responsible for the registrations and determines the preconditions that each given top-level domain name may entail, among them the duration of the registration period or the residency of the registrant. Certain Registrar companies work under the Registry. These are the companies that in fact sell the domain name to clients and administer all domain resource records.
Make Cash From Trading Domain Names
Multiple Registrars have reseller programs that allow people to earn profit from selling domains to end customers. If you register with such a program, you can commence your very own web business. Generally, a domain will be more inexpensive if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end user. The cause is that resellers can reach more persons in regional districts or countries where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both parties will profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar levies for the domain registration.
Trade Domain Names Under Your Own Brand Name
When you register with a domain reseller program, you will have a website hosting CP where you can set the prices for the individual top-level domain names that the Registrar provides. Most firms also provide invoicing software and web page skins for your online shop, and the automation of the entire procedure together with the proliferating demand for domain names render the domain reseller industry so attractive. You will either obtain a pre-developed site and utilize the Registrar platform to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can make your very own personal portal and form for placing orders. Commonly, you have the opportunity to decide between the two options, so it all depends on how trained you are in these issues. As a domain name reseller, you will sell under your own trademark name and not under the Registrar's brand.
Make Profit From Providing Webspace Hosting Services As Well
A proper addition to your domain name reseller business would be to sell web hosting accounts too. Thereby, you can offer a package deal to people who wish to launch their web portal and require both a domain name and a webspace hosting account. A few corporations offer such options. With 'ResellersPanel', for example, you can run a Virtual Private Server or a dedicated server, and they will also offer you a domain reseller account and charge-free invoicing software to bill your clients. You can then sell domain names and shared web hosting plans to customers, and since they provide plenty of diverse domain extensions, you will be able to provide domain and hosting services to persons from all over the world.