Domain name reseller
The Internet is an ever-flourishing system that generates new ways to earn money online. One of them is to be a domain reseller and offer domains to end users, gaining revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered each and every day, and there are millions of presently functioning domains, so this is a growing trading niche that you can become engaged in.
Top-Level and Second-Level Domains Names
A domain name is composed of 2 parts - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The TLDs can be generic or country code. The generic TLDs comprise the most conventional domain name extensions like .com, .net, .org, .mobi, .info, while the ccTLDs comprise two-letter abbreviations that stand for each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a ccTLD, has a Registry - an organization that deals with the registrations and sets the requirements that each specific top-level domain name may entail, including the duration of the registration term or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the companies that in fact offer the domain name to clients and handle all domain name resource records.
Earn Revenue From Selling Domains
Many Registrars have reseller programs that permit individuals to make cash from offering domains to end users. If you register with such a program, you can initiate your very own electronic business. Typically, a domain will be cheaper if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end customer. The cause is that resellers can contact more users in provinces or countries where the Registrar may not be famous at all. This means more sales for the Registrar, so both sides will earn a profit 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 name registration.
Sell TLDs Under Your Very Own Personal Brand
When you sign up for a domain name reseller program, you will get a webspace hosting CP where you can set the prices for the separate Top-Level Domains that the Registrar offers. Most corporations also offer invoice software and web page templates for your online store, and the automation of the whole procedure combined with the rising demand for domain names render the domain reseller market so tempting. You will either obtain a pre-made website and utilize the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can make your very own web page and order form. Typically, you have the option to select between the two possibilities, so it all revolves around how accomplished you are in these matters. As a domain name reseller, you will work under your personal trademark name and not on behalf of the Registrar's.
Make Cash From Offering Web Page Hosting Services As Well
An excellent addition to your domain reseller business would be to sell web hosting services too. Thus, you can offer a package deal to clients who desire to establish their website and demand both a domain and a web site hosting account. Certain companies have such options. With 'ResellersPanel', for instance, you can purchase a VPS or a dedicated server, and they will also give you a domain reseller account and free-of-charge invoice transaction software to bill your customers. You can then offer domains and shared hosting accounts to clients, and since they provide many diverse domain extensions, you will be able to offer domain name and hosting services to users from all over the globe.