Domain name reseller
The Internet is an ever-enlarging community that furnishes new possibilities to earn cash on the Web. One of these options is to be a domain reseller and offer domains to end users, making revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered every day, and there are 1 000 000's of currently functioning domains, so this is a developing trading niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain is composed of 2 entities - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
gTLDs and ccTLDs
The Top-Level Domains can be generic or country code. The generic TLDs comprise the most widely used domain extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs include 2-letter abbreviations that represent each country. Instances of country-code Top-Level Domains 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 organization that is responsible for the registrations and determines the preconditions that each concrete top-level domain name may impose, among them the duration of the registration period or the residency of the registrant. A number of Registrar companies work under the Registry. These are the companies that in fact sell the domain name to customers and manage all DNS resource records.
Earn Money From Selling Domains
Numerous Registrars have reseller programs that permit people to make cash from selling domain names to end users. If you subscribe to such a program, you can set up your own online business. Generally, a domain name will be cheaper if it is registered via a reseller rather than if it is purchased straight from the Registrar by an end user. The cause is that resellers can contact more customers in regional districts or countries where the Registrar may not be known at all. This implies more sales for the Registrar, so both parties will capitalize on that. Your revenue will be the difference between the price that the user pays and the one that the Registrar imposes for the domain registration.
Trade Domains Under Your Own Personal Brand
When you register with a domain reseller program, you will acquire a web space hosting Control Panel where you can choose the prices for the various TLDs that the Registrar offers. Most corporations also provide billing software and web site themes for your online store, and the automation of the whole process combined with the significant demand for domains render the domain name reseller business so desirable. You will either receive a turn-key site and avail of 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 portal and order form. Typically, you have the option to select between the two options, so it all depends on how skillful you are in these issues. As a domain name reseller, you will operate on behalf of your very own personal brand and not on behalf of the Registrar's brand.
Make Profit From Promoting Website Hosting Plans As Well
A logical addition to your domain name reseller business would be to sell web hosting solutions too. In this way, you can offer a package deal to users who desire to establish their site and require both a domain and a site hosting package. Particular companies supply such options. With 'ResellersPanel', for example, you can run a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and charge-free billing software to bill your customers. You can then offer domain names and shared web hosting packages to customers, and since they offer plenty of different domain extensions, you will be able to provide domain name and hosting services to individuals from all over the world.