Domain name reseller
The Internet is an ever-developing platform that generates new possibilities to make cash on the Internet. One of these possibilities is to become a domain reseller and sell domains to end clients, making profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered every day, and there are millions of presently active domain names, so this is a developing business niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain name contains two components - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic Top-Level Domains include the most conventional domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names are composed of two-letter abbreviations that symbolize each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic or a country-code Top-Level Domain, has a Registry - an organization that administers the registrations and sets the preconditions that each given Top-Level Domain may include, like the length of the registration term or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the companies that in fact sell the domain name to customers and administer all domain name records.
Make Money From Selling Domain Names
A lot of Registrars have reseller programs that enable individuals to earn profit from offering domain names to end users. If you register with such a program, you can start your very own web business. Normally, a domain name will cost less 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 reach more users in regional communities or countries 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.
Sell TLDs Under Your Own Personal Trademark Name
When you sign up for a domain reseller program, you will obtain a web hosting Control Panel where you can determine the prices for the individual top-level domain names that the Registrar provides. Most companies also provide billing transaction software and site skins for your virtual store, and the automation of the whole process combined with the strong demand for domain names render the domain name reseller market niche so seductive. You will either receive a ready-for-use web site and use the Registrar system to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can set up your own personal site and order form. Commonly, you have the option to select between the 2 possibilities, so it all revolves around how skillful you are in these affairs. As a domain name reseller, you will do business under your personal brand and not on behalf of the Registrar's brand.
Gain Cash From Trading Web Site Hosting Accounts As Well
An adequate supplement to your domain reseller business would be to sell web hosting accounts as well. In this way, you can offer a package deal to customers who desire to create their web site and need both a domain name and a hosting plan. Certain corporations furnish such options. With 'ResellersPanel', for instance, you can manage a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and charge-free invoicing software to bill your clients. You can then offer domains and shared web hosting packages to clients, and since they offer a lot of diverse domain name extensions, you will be able to offer domain and hosting services to people from all over the globe.