Domain name reseller
The Internet is an ever-growing system that offers new options to make cash on the Web. One of these ways is to become a domain name reseller and sell domain names to end users, gaining profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered each and every day, and there are 1 000 000's of currently functioning domain names, so this is an expanding trading niche that you can be a part of.
Top-Level and Second-Level Domains
A domain is made of 2 entities - 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 SLD.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains include the most famous domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains contain 2-letter abbreviations that signify each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code TLD, has a Registry - an institution that administers the registrations and sets the prerequisites that each given TLD may involve, among them the length of the registration term or the residency of the registrant. Certain Registrar firms operate under the Registry. These are the companies that in fact sell the domain name to clients and administer all DNS resource records.
Earn Cash From Offering Domains
Lots of Registrars have reseller programs that permit people to earn money from offering domain names to end users. If you subscribe to such a program, you can start your very own electronic business. Normally, a domain name will cost less if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end user. The cause is that resellers can reach more individuals in areas or countries where the Registrar may not be known at all. This means more sales for the Registrar, so both sides will take advantage of that. Your revenue will be the difference between the price that the user pays and the one that the Registrar charges for the domain name registration.
Offer TLDs On Behalf Of Your Very Own Trademark Name
When you subscribe to a domain reseller program, you will receive a web page hosting CP where you can choose the prices for the separate top-level domain names that the Registrar offers. Most corporations also offer invoice management software and web design layouts for your virtual store, and the automation of the entire procedure coupled with the enlarging demand for domain names render the domain reseller business so tempting. You will either have a ready-made website and avail of the Registrar system to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can set up your very own personal website and form for placing orders. Commonly, you have the option to choose between the 2 options, so it all revolves around how advanced you are in these things. As a domain reseller, you will operate under your own personal brand name and not on behalf of the Registrar's.
Gain Profit From Providing Hosting Services As Well
An adequate addition to your domain reseller business would be to sell web hosting solutions too. Thereby, you can give a package deal to customers who desire to establish their website and require both a domain and a hosting plan. Given companies provide such options. With 'ResellersPanel', for instance, you can purchase a VPS or a dedicated server, and they will also give you a domain name reseller account and free-of-charge invoice management software to bill your clients. You can then offer domains and shared website hosting accounts to clients, and since they offer many diverse domain extensions, you will be able to offer domain and hosting services to people from all over the globe.