Domain name reseller
The Internet is an ever-enlarging platform that offers new possibilities to earn money on the Internet. One of these ways is to become a domain reseller and sell domains to end users, earning revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered each and every day, and there are 1 000 000's of presently functioning domain names, so this is a flowering trading niche that you can become involved in.
TLDs and SLDs
A domain consists of 2 constituents - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic Top-Level Domains include the most popular domain extensions like .com, .net, .org, .mobi, .info, while the ccTLDs are composed of two-letter abbreviations that stand for each country. Examples of country-code TLDs 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 handles the registrations and determines the preconditions that each concrete top-level domain name may involve, among them the duration of the registration period or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the companies that in fact offer the domain name to clients and administer all DNS records.
Earn Cash From Offering Domain Names
Lots of Registrars have reseller programs that permit people to make revenue from selling domains to end customers. If you sign up for such a program, you can set up your own personal Internet business. Generally, a domain will be more inexpensive if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end user. The explanation is that resellers can reach more people in regional communities or states where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both parties will take advantage of that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar levies for the domain name registration.
Offer Domain Names On Behalf Of Your Own Personal Brand
When you subscribe to a domain name reseller program, you will acquire a webspace hosting CP where you can set the prices for the separate top-level domain names that the Registrar provides. Most firms also provide billing software and templates for your online shop, and the automation of the whole process coupled with the growing demand for domain names make the domain name reseller industry so attractive. You will either acquire a pre-made web site and make use of the Registrar platform to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can make your very own website and form for placing orders. Traditionally, you have the opportunity to decide between the two possibilities, so it all depends on how trained you are in these issues. As a domain name reseller, you will do business under your very own brand name and not on behalf of the Registrar's brand.
Make Profit From Selling Web Space Hosting Plans Too
An adequate supplement to your domain name reseller business would be to sell web hosting services as well. Thus, you can offer a package deal to customers who desire to establish their web portal and demand both a domain name and a site hosting plan. A few firms supply such options. With 'ResellersPanel', for instance, you can purchase a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and cost-free invoicing transaction software to bill your customers. You can then offer top-level domain names and shared web hosting plans to customers, and since they provide plenty of different domain name extensions, you will be able to offer domain name and hosting services to users from all around the globe.