Domain reseller
The Internet is an ever-increasing network that supplies new ways to make cash on the Internet. One of these possibilities is to become a domain name reseller and offer domains to end users, earning revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each and every day, and there are 1 000 000's of presently active domain names, so this is a thriving trading niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain consists of 2 components - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The gTLDs include the most popular domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains involve 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 top-level domain name or a country-code Top-Level Domain, has a Registry - an institution that deals with the registrations and determines the preconditions that each concrete Top-Level Domain may impose, among them the duration of the registration term or the citizenship of the registrant. A number of Registrar firms work under the Registry. These are the corporations that in fact offer the domain name to customers and manage all domain resource records.
Earn Cash From Offering Domains
A lot of Registrars have reseller programs that enable individuals to gain cash from selling domain names to end customers. If you sign up for such a program, you can begin your own e-business. Typically, a domain will be cheaper if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end user. The explanation is that resellers can reach more persons in local regions or states where the Registrar may not be popular at all. This implies more sales for the Registrar, so both sides will profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar levies for the domain registration.
Sell Top-Level Domain Names Under Your Very Own Brand Name
When you sign up for a domain name reseller program, you will obtain a website hosting CP where you can choose the prices for the individual Top-Level Domains that the Registrar offers. Most corporations also offer invoice management software and web site layouts for your web store, and the automation of the entire process coupled with the huge demand for domains make the domain reseller business so desirable. You will either acquire a ready-to-use site and utilize the Registrar platform to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can create your very own web portal and form for placing orders. Normally, you have the opportunity to decide between the two alternatives, so it all revolves around how accomplished you are in these matters. As a domain reseller, you will work under your own personal brand name and not on behalf of the Registrar's brand.
Make Money From Promoting Web Site Hosting Packages Too
A good addition to your domain name reseller business would be to sell web hosting solutions too. Thus, you can offer a package deal to customers who want to establish their online portal and demand both a domain name and a web hosting plan. A number of companies provide such options. With 'ResellersPanel', for example, you can run a Virtual Server or a dedicated server, and they will also give you a domain name reseller account and free-of-cost invoice management software to bill your customers. You can then sell domain names and shared hosting accounts to customers, and since they offer many different domain extensions, you will be able to offer domain and hosting services to people from all over the world.