Domain name reseller
The Internet is an ever-flourishing community that furnishes new options to earn cash on the Internet. One of these possibilities is to become a domain name reseller and sell domain names to end clients, earning profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered every day, and there are 1 000 000's of currently active domain names, so this is a developing business niche that you can become involved in.
TLDs and SLDs
A domain involves two pieces - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic top-level domain names comprise the most conventional domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names comprise 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 TLD or a country-code Top-Level Domain, has a Registry - an organization that tackles the registrations and sets the preconditions that each concrete TLD may impose, among them the duration of the registration term or the residency of the registrant. A number of Registrar companies operate under the Registry. These are the firms that actually sell the domain name to customers and handle all domain name records.
Earn Revenue From Trading Domains
Lots of Registrars have reseller programs that enable people to make revenue from selling domains to end customers. If you subscribe to such a program, you can establish your own Internet business. Normally, a domain will be more inexpensive if it is registered through a reseller rather than if it is bought directly from the Registrar by an end client. The explanation is that resellers can contact more users in local communities or states where the Registrar may not be known whatsoever. This means more sales for the Registrar, so both parties will make a profit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar imposes for the domain name registration.
Trade Top-Level Domains Under Your Own Brand Name
When you register with a domain name reseller program, you will obtain a web page hosting Control Panel where you can choose the prices for the specific top-level domain names that the Registrar provides. Most companies also offer invoice management software and web layouts for your virtual shop, and the automation of the entire procedure coupled with the rising demand for domains make the domain reseller business so seductive. You will either get a turn-key web site and make use of 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 web site and order form. Typically, you have the option to choose between the 2 possibilities, so it all revolves around how skillful you are in these affairs. As a domain name reseller, you will sell on behalf of your own brand name and not under the Registrar's brand.
Make Cash From Selling Site Hosting Accounts Too
A good supplement to your domain name reseller business would be to sell web hosting plans too. Thus, you can offer a package deal to persons who desire to run their web portal and demand both a domain and a web space hosting account. A number of firms provide such options. With 'ResellersPanel', for instance, you can order a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and cost-free billing software to charge your clients. You can then offer domain names and shared website hosting plans to clients, and since they provide plenty of diverse domain name extensions, you will be able to provide domain name and hosting services to users from all over the globe.