Domain name reseller
The Internet is an ever-increasing network that generates new options to earn cash on the Internet. One of these opportunities is to become a domain reseller and sell domains to end clients, generating profit from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered each day, and there are 1 000 000's of currently functioning domain names, so this is a blooming business niche that you can be involved in.
TLDs and SLDs
A domain is composed of two parts - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic top-level domain names comprise the most widely used domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains contain 2-letter abbreviations that signify each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a country-code TLD, has a Registry - an institution that is responsible for the registrations and sets the prerequisites that each given TLD may include, including the length of the registration period or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the companies that actually sell the domain name to clients and administer all domain name records.
Gain Revenue From Reselling Domain Names
Lots of Registrars have reseller programs that enable people to make money from selling domains to end users. If you sign up for such a program, you can build your very own personal e-business. Regularly, a domain name will be more inexpensive if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end client. The explanation is that resellers can reach more users in regional communities or states where the Registrar may not be known at all. This means more sales for the Registrar, so both sides will capitalize on 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.
Sell TLDs Under Your Own Brand
When you subscribe to a domain name reseller program, you will have a web site hosting Control Panel where you can choose the prices for the specific top-level domain names that the Registrar provides. Most companies also offer billing software and site skins for your virtual storefront, and the automation of the entire process coupled with the proliferating demand for domain names make the domain reseller business niche so alluring. You will either receive a pre-made web site and use the Registrar platform to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can create your own personal website and order form. Commonly, you have the opportunity to select between the two alternatives, so it all depends on how practiced you are in these affairs. As a domain name reseller, you will operate on behalf of your own trademark name and not under the Registrar's brand.
Gain Cash From Trading Web Space Hosting Accounts As Well
A perfect supplement to your domain name reseller business would be to sell web hosting plans too. In this way, you can give a package deal to users who would like to create their online portal and demand both a domain name and a webspace hosting plan. A few firms offer such options. With 'ResellersPanel', for example, you can buy a Virtual 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 Top-Level Domains and shared website hosting plans to clients, and since they offer many different domain name extensions, you will be able to provide domain name and hosting services to people from all over the world.