Domain name reseller
The Internet is an ever-developing system that delivers new ways to gain money on the Internet. One of them is to become a domain name reseller and sell domain names to end customers, generating profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered every day, and there are 1 000 000's of currently active domains, so this is a blossoming trading 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 name (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The gTLDs include the most widely used domain name extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs involve 2-character abbreviations that signify each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a ccTLD, has a Registry - an organization that manages the registrations and sets the preconditions that each specific top-level domain name may include, like the duration of the registration term or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the corporations that in fact offer the domain name to clients and handle all domain records.
Make Cash From Selling Domain Names
Multiple Registrars have reseller programs that enable people to earn money from offering domain names to end customers. If you register with such a program, you can begin your very own personal e-business. Usually, a domain name will cost less if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end client. The cause is that resellers can contact more customers in regional communities or countries where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both parties will cash in on 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 Domains Under Your Very Own Personal Brand
When you sign up for a domain name reseller program, you will have a webspace hosting CP where you can settle the prices for the various TLDs that the Registrar provides. Most corporations also provide invoicing software and web design skins for your online store, and the automation of the whole procedure together with the strong demand for domains make the domain name reseller market so tempting. You will either acquire a pre-developed site and utilize the Registrar system to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your very own personal website and order form. Usually, you have the option to pick between the 2 possibilities, so it all depends on how practiced you are in these issues. As a domain name reseller, you will sell on behalf of your own personal brand name and not under the Registrar's.
Gain Money From Supplying Web Space Hosting Solutions Too
An excellent addition to your domain reseller business would be to sell web hosting accounts too. In this way, you can give a package deal to people who desire to create their site and require both a domain name and a web space hosting package. A few corporations supply such options. With 'ResellersPanel', for instance, you can buy a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and free-of-charge billing software to bill your customers. You can then sell domain names and shared web hosting plans to customers, and since they offer lots of different domain extensions, you will be able to offer domain name and hosting services to people from all over the world.