Domain name reseller
The Internet is an ever-growing platform that furnishes new options to gain cash on the Internet. One of these opportunities is to be a domain reseller and offer domains to end clients, generating profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered each day, and there are 1 000 000's of currently functioning domains, so this is an enlarging trading niche that you can become involved in.
Top-Level and Second-Level Domains
A domain involves two constituents - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic top-level domain names include the most conventional domain name extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names are made of 2-letter abbreviations that correspond to each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a country-code Top-Level Domain, has a Registry - an institution that is responsible for the registrations and determines the preconditions that each given Top-Level Domain may involve, among them the length of the registration period or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the corporations that in fact sell the domain name to customers and manage all domain name resource records.
Gain Cash From Offering Domain Names
Numerous Registrars have reseller programs that permit people to earn cash from selling domains to end customers. If you subscribe to such a program, you can begin your own personal electronic business. Usually, a domain name will be cheaper if it is registered through a reseller rather than if it is bought straight from the Registrar by an end user. The explanation is that resellers can reach more users in regions or states where the Registrar may not be known at all. This means more sales for the Registrar, so both sides will cash in on that. Your revenue will be the difference between the price that the client pays and the one that the Registrar levies for the domain registration.
Resell Domain Names Under Your Very Own Brand Name
When you sign up for a domain reseller program, you will get a webspace hosting Control Panel where you can settle the prices for the individual TLDs that the Registrar offers. Most companies also provide invoice transaction software and site themes for your online store, and the automation of the entire procedure coupled with the enormous demand for domains render the domain reseller market so attractive. You will either receive a turn-key website and make use of the Registrar platform to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your very own personal online portal and form for placing orders. Traditionally, you have the option to choose between the 2 alternatives, so it all revolves around how advanced you are in these matters. As a domain name reseller, you will sell under your very own brand name and not on behalf of the Registrar's.
Make Cash From Promoting Website Hosting Packages Too
A perfect supplement to your domain reseller business would be to sell web hosting packages too. Thereby, you can offer a package deal to users who desire to make their web site and demand both a domain name and a site hosting plan. Some companies offer such options. With 'ResellersPanel', for instance, you can manage a Virtual Dedicated Server or a dedicated server, and they will also give you a domain name reseller account and cost-free invoicing transaction software to charge your customers. You can then sell domain names and shared hosting plans to clients, and since they offer plenty of different domain extensions, you will be able to offer domain and hosting services to individuals from all over the globe.