Domain name reseller
The Internet is an ever-enlarging community that furnishes new possibilities to earn money on the Internet. One of them is to become a domain name reseller and offer domain names to end users, generating revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered each and every day, and there are 1 000 000's of presently active domains, so this is a flourishing business niche that you can be involved in.
TLDs and SLDs
A domain name consists of 2 components - 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.
Generic and Country-Code Top-Level Domain Names
The Top-Level Domains can be generic or country code. The generic TLDs include the most famous domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names consist of 2-letter abbreviations that denote each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic Top-Level Domain or a country-code TLD, has a Registry - an organization that administers the registrations and determines the prerequisites that each given TLD may have, among them the duration of the registration period or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the firms that actually sell the domain name to clients and administer all DNS records.
Earn Cash From Offering Domains
Lots of Registrars have reseller programs that allow individuals to earn profit from selling domains to end clients. If you register with such a program, you can initiate your very own e-business. Normally, a domain will be more inexpensive if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end client. The explanation is that resellers can reach more individuals in provinces or countries where the Registrar may not be famous whatsoever. This implies 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 requires for the domain name registration.
Resell Domain Names Under Your Own Personal Trademark Name
When you register with a domain reseller program, you will obtain a hosting Control Panel where you can select the prices for the separate Top-Level Domains that the Registrar offers. Most companies also offer invoice software and web site templates for your web store, and the automation of the whole procedure combined with the strong demand for domains make the domain reseller industry so desirable. You will either get a turn-key web site and utilize the Registrar system to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can build your very own personal site and order form. Usually, you have the option to decide between the two options, so it all revolves around how practiced you are in these affairs. As a domain reseller, you will sell on behalf of your very own brand name and not under the Registrar's brand.
Gain Money From Offering Web Space Hosting Solutions Too
A proper addition to your domain name reseller business would be to sell web hosting plans too. Thus, you can give a package deal to individuals who desire to build their web page and require both a domain and a site hosting account. Some firms supply such options. With 'ResellersPanel', for instance, you can purchase a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and free invoicing transaction software to bill your clients. You can then offer domains and shared website hosting plans to customers, and since they offer a lot of different domain extensions, you will be able to offer domain name and hosting services to clients from all around the world.