Domain name reseller
The World Wide Web is an ever-growing system that supplies new ways to earn cash on the Internet. One of these options is to be a domain name reseller and offer domains to end users, making revenue 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 functioning domain names, so this is a developing trading niche that you can become a part of.
TLDs and SLDs
A domain is made of 2 components - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic top-level domain names comprise the most common domain name extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names consist of 2-character abbreviations that denote each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a country-code one, has a Registry - an organization that deals with the registrations and determines the requirements that each specific Top-Level Domain may have, among them the duration of the registration term or the residency of the registrant. A number of Registrar corporations operate under the Registry. These are the firms that in fact sell the domain name to customers and manage all DNS resource records.
Gain Cash From Selling Domains
A lot of Registrars have reseller programs that enable individuals to earn profit from offering domain names to end clients. If you sign up for such a program, you can set up your own electronic business. Commonly, a domain name will cost less if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end customer. The cause is that resellers can reach more people in provinces or states where the Registrar may not be known at all. This means more sales for the Registrar, so both parties will benefit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain registration.
Resell Domains Under Your Personal Brand
When you register with a domain name reseller program, you will get a hosting Control Panel where you can determine the prices for the individual TLDs that the Registrar offers. Most corporations also offer invoice software and design layouts for your online store, and the automation of the whole process combined with the vast demand for domain names render the domain name reseller market so tempting. You will either acquire a ready-made web site and make use of the Registrar system to resell domain names, or they will grant you access to their API (Application Programming Interface) so that you can set up your own online portal and form for placing orders. Normally, you have the opportunity to pick between the two alternatives, so it all depends on how skilled you are in these issues. As a domain reseller, you will sell under your own personal trademark name and not under the Registrar's.
Make Cash From Reselling Web Space Hosting Packages Too
An adequate addition to your domain reseller business would be to sell web hosting services as well. Thus, you can offer a package deal to people who want to launch their site and demand both a domain name and a web page hosting plan. A number of companies have such options. With 'ResellersPanel', for example, you can buy a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and free-of-charge billing software to charge your customers. You can then sell domains and shared website hosting accounts to customers, and since they offer lots of diverse domain extensions, you will be able to offer domain name and hosting services to people from all over the world.