Domain name reseller
The Internet is an ever-developing system that furnishes new ways to earn cash on the Internet. One of these ways is to be a domain reseller and offer domains to end clients, earning profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered each day, and there are 1 000 000's of presently functioning domains, so this is a developing business niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain name consists of 2 entities - a Top-Level Domain (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 SLD.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the most common domain extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs are composed of two-character abbreviations that denote each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a country-code top-level domain name, has a Registry - an institution that manages the registrations and sets the prerequisites that each specific top-level domain name may include, like the length of the registration term or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the companies that actually sell the domain name to clients and handle all domain resource records.
Make Cash From Trading Domain Names
A lot of Registrars have reseller programs that allow people to earn cash from selling domains to end users. If you subscribe to such a program, you can establish your own e-business. Typically, a domain will cost less if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end client. The explanation is that resellers can contact more persons in provinces or countries where the Registrar may not be known at all. This means more sales for the Registrar, so both parties will earn a profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar levies for the domain registration.
Resell Domains On Behalf Of Your Own Personal Trademark Name
When you register with a domain reseller program, you will get a web space hosting Control Panel where you can select the prices for the individual Top-Level Domains that the Registrar offers. Most companies also provide billing transaction software and site skins for your virtual shop, and the automation of the whole process together with the increasing demand for domain names make the domain reseller industry so tempting. You will either acquire a turn-key site and use the Registrar platform to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can make your very own web site and order form. Traditionally, you have the option to choose between the 2 options, so it all revolves around how experienced you are in these things. As a domain name reseller, you will operate on behalf of your own brand and not under the Registrar's.
Make Money From Selling Website Hosting Services Too
An excellent addition to your domain name reseller business would be to sell web hosting packages too. Thus, you can give a package deal to individuals who wish to create their web site and demand both a domain and a web site hosting package. Particular firms furnish such options. With 'ResellersPanel', for instance, you can buy a Virtual Server or a dedicated server, and they will also give you a domain reseller account and free invoicing software to charge your customers. You can then offer TLDs and shared web hosting packages to customers, and since they provide plenty of different domain name extensions, you will be able to provide domain name and hosting services to clients from all around the world.