Domain name reseller
The Internet is an ever-flourishing community that offers new opportunities to make cash on the Internet. One of these opportunities is to be a domain reseller and sell domains to end customers, earning revenue 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 domains, so this is a flourishing trading niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain name contains 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 name and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic TLDs comprise the most widespread domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names comprise two-letter abbreviations that correspond to each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code top-level domain name, has a Registry - an institution that is responsible for the registrations and determines the preconditions that each given top-level domain name may impose, like the length of the registration term or the residency of the registrant. A number of Registrar companies operate under the Registry. These are the companies that actually offer the domain name to customers and manage all domain name records.
Earn Money From Reselling Domain Names
A lot of Registrars have reseller programs that enable individuals to earn profit from offering domain names to end users. If you sign up for such a program, you can kick off your very own personal e-business. Typically, 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 client. The cause is that resellers can contact more customers in provinces or states where the Registrar may not be popular at all. This means more sales for the Registrar, so both sides will take advantage of that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain name registration.
Trade Top-Level Domains On Behalf Of Your Personal Trademark Name
When you register with a domain reseller program, you will have a web site hosting CP where you can set the prices for the specific Top-Level Domains that the Registrar provides. Most corporations also provide invoicing transaction software and web page skins for your virtual storefront, and the automation of the whole process coupled with the swelling demand for domains render the domain reseller business so seductive. You will either receive a ready-to-use website and avail of the Registrar platform to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can build your own personal online portal and order form. Normally, you have the opportunity to decide between the two options, so it all revolves around how skillful you are in these affairs. As a domain reseller, you will do business under your own brand and not under the Registrar's.
Gain Cash From Offering Web Page Hosting Accounts Too
A proper addition to your domain reseller business would be to sell web hosting solutions too. Thereby, you can give a package deal to people who wish to set up their web site and need both a domain and a web site hosting package. A number of firms offer such options. With 'ResellersPanel', for instance, you can run a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and free-of-charge invoice management software to bill your clients. You can then offer TLDs and shared hosting packages to clients, and since they offer a lot of diverse domain extensions, you will be able to provide domain and hosting services to persons from all around the world.