Domain name reseller
The Internet is an ever-growing system that furnishes new options to make cash on the Internet. One of these possibilities is to become a domain name reseller and sell domain names to end customers, making profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered each day, and there are millions of presently functioning domains, so this is a blooming trading niche that you can become involved in.
Top-Level and Second-Level Domains
A domain name comprises 2 components - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the SLD.
gTLDs and ccTLDs
The TLDs can be generic or country code. The gTLDs include the most common domain name extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs consist of 2-letter abbreviations that represent each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic Top-Level Domain or a country-code Top-Level Domain, has a Registry - an institution that is responsible for the registrations and sets the requirements that each particular top-level domain name may involve, like the duration of the registration term or the citizenship of the registrant. A number of Registrar firms work under the Registry. These are the corporations that in fact offer the domain name to clients and administer all domain records.
Make Cash From Offering Domains
Multiple Registrars have reseller programs that enable people to earn revenue from offering domains to end customers. If you subscribe to such a program, you can set up your own personal web business. Generally, a domain name will be more inexpensive if it is registered via a reseller rather than if it is bought directly from the Registrar by an end customer. The explanation is that resellers can reach more individuals in regions or states where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both parties will take advantage of that. Your revenue will be the difference between the price that the client pays and the one that the Registrar levies for the domain name registration.
Resell Top-Level Domains On Behalf Of Your Own Brand Name
When you register with a domain reseller program, you will obtain a web page hosting CP where you can set the prices for the individual top-level domain names that the Registrar provides. Most companies also offer invoice transaction software and web design skins for your virtual shop, and the automation of the entire process together with the flourishing demand for domains make the domain reseller business so desirable. You will either have a ready-made web site and use the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can set up your very own web site and form for placing orders. Normally, you have the option to pick between the 2 possibilities, so it all depends on how expert you are in these issues. As a domain name reseller, you will sell under your very own trademark name and not on behalf of the Registrar's brand.
Make Money From Providing Web Site Hosting Packages As Well
An appropriate supplement to your domain reseller business would be to sell web hosting solutions as well. Thereby, you can offer a package deal to persons who wish to set up their online portal and demand both a domain name and a site hosting package. Some corporations offer such options. With 'ResellersPanel', for example, you can order a VPS or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge billing transaction software to bill your clients. You can then sell TLDs and shared website hosting accounts to clients, and since they offer many different domain extensions, you will be able to offer domain name and hosting services to individuals from all around the world.