Domain name reseller
The Internet is an ever-increasing system that delivers new possibilities to make cash on the Internet. One of these ways is to be a domain name reseller and offer domain names to end clients, making profit from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domain names are registered every day, and there are millions of currently active domain names, so this is a blossoming business niche that you can become a part of.
TLDs and SLDs
A domain name involves two entities - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic top-level domain names include the most famous domain extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs involve 2-character abbreviations that represent each country. Instances of country-code TLDs 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 handles the registrations and sets the preconditions that each given top-level domain name may include, including the length of the registration term or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the firms that actually sell the domain name to clients and manage all DNS resource records.
Gain Revenue From Selling Domains
Plenty of Registrars have reseller programs that permit people to make money from offering domains to end users. If you subscribe to such a program, you can launch your very own e-business. Typically, a domain name will cost less if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end user. The explanation is that resellers can contact more people in local communities or states where the Registrar may not be famous at all. This implies more sales for the Registrar, so both parties will profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar requires for the domain registration.
Trade Top-Level Domains On Behalf Of Your Personal Brand
When you subscribe to a domain name reseller program, you will have a web hosting Control Panel where you can determine the prices for the separate TLDs that the Registrar offers. Most companies also provide invoice transaction software and web site templates for your web store, and the automation of the entire process coupled with the increasing demand for domains render the domain name reseller market so attractive. You will either receive a turn-key web site and avail of the Registrar system to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can make your very own site and order form. Normally, you have the opportunity to decide between the 2 possibilities, so it all depends on how expert you are in these matters. As a domain reseller, you will work on behalf of your own personal brand name and not on behalf of the Registrar's brand.
Gain Cash From Offering Web Site Hosting Accounts Too
A perfect supplement to your domain name reseller business would be to sell web hosting plans too. In this way, you can give a package deal to users who would like to set up their website and need both a domain name and a hosting account. Some firms provide such options. With 'ResellersPanel', for instance, you can purchase a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge invoice transaction software to charge your customers. You can then offer top-level domain names and shared web hosting plans to clients, and since they offer many diverse domain extensions, you will be able to provide domain and hosting services to people from all over the globe.