Domain name reseller
The World Wide Web is an ever-enlarging community that offers new ways to make cash online. One of these possibilities is to be a domain reseller and offer domain names to end clients, making profit from the difference between the wholesale and the retail price of each domain name. Thousands of domain names are registered every day, and there are 1 000 000's of presently active domains, so this is an enlarging business niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain name is composed of 2 parts - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic top-level domain names comprise the best known domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs include 2-character abbreviations that stand for 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 top-level domain name or a ccTLD, has a Registry - an organization that deals with the registrations and sets the prerequisites that each specific top-level domain name may entail, such as the length of the registration period or the residency of the registrant. Certain Registrar firms work under the Registry. These are the corporations that actually sell the domain name to clients and administer all DNS resource records.
Earn Cash From Selling Domain Names
A lot of Registrars have reseller programs that allow people to make money from selling domain names to end customers. If you sign up for such a program, you can build your very own personal Internet business. Generally, a domain will cost less if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end customer. The cause is that resellers can reach more individuals in provinces or states where the Registrar may not be known at all. This implies more sales for the Registrar, so both parties will make a profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar levies for the domain registration.
Trade Domains Under Your Own Personal Brand Name
When you subscribe to a domain name reseller program, you will receive a web space hosting Control Panel where you can select the prices for the different TLDs that the Registrar provides. Most firms also provide invoice software and web site layouts for your virtual storefront, and the automation of the whole procedure together with the significant demand for domain names make the domain reseller industry so attractive. You will either get a pre-built site and use the Registrar system to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can set up your own personal online portal and order form. Typically, you have the opportunity to pick between the two alternatives, so it all depends on how accomplished you are in these matters. As a domain reseller, you will sell on behalf of your very own trademark name and not on behalf of the Registrar's.
Gain Cash From Offering Site Hosting Plans As Well
A nice supplement to your domain reseller business would be to sell web hosting packages too. Thus, you can offer a package deal to users who want to establish their web portal and need both a domain name and a website hosting plan. A number of companies supply such options. With 'ResellersPanel', for instance, you can purchase a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and cost-free billing transaction software to charge your clients. You can then offer domain names and shared web hosting accounts to clients, and since they offer lots of different domain name extensions, you will be able to offer domain name and hosting services to customers from all over the globe.