Domain name reseller
The Internet is an ever-flourishing system that delivers new ways to earn cash on the Internet. One of these opportunities is to become a domain reseller and offer domain names to end users, making revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered each day, and there are millions of presently active domains, so this is an expanding trading niche that you can be involved in.
Top-Level and Second-Level Domains
A domain comprises 2 pieces - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic Top-Level Domains comprise the best known domain name extensions like .com, .net, .org, .mobi, .info, while the ccTLDs involve 2-letter abbreviations that symbolize each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code TLD, has a Registry - an institution that is responsible for the registrations and sets the preconditions that each given TLD may include, including the length of the registration period or the residency of the registrant. Certain Registrar firms work under the Registry. These are the corporations that actually offer the domain name to clients and administer all domain name records.
Gain Profit From Reselling Domain Names
Many Registrars have reseller programs that enable individuals to make profit from offering domain names to end customers. If you subscribe to such a program, you can kickstart your own personal online business. Commonly, 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 customer. The explanation is that resellers can contact more users in local districts or countries where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides will benefit from that. Your revenue will be the difference between the price that the client pays and the one that the Registrar levies for the domain registration.
Trade Domain Names Under Your Own Brand
When you sign up for a domain name reseller program, you will receive a website hosting CP where you can choose the prices for the different TLDs that the Registrar provides. Most firms also offer invoice transaction software and web page layouts for your online storefront, and the automation of the entire process combined with the big demand for domains make the domain name reseller business so tempting. You will either obtain a turn-key web site and make use of the Registrar system to sell domain names, or they will offer you access to their API (Application Programming Interface) so that you can build your very own personal web site and order form. Generally, you have the option to pick between the 2 possibilities, so it all revolves around how proficient you are in these affairs. As a domain name reseller, you will operate on behalf of your own brand and not on behalf of the Registrar's.
Earn Money From Reselling Site Hosting Packages As Well
A reasonable supplement to your domain reseller business would be to sell web hosting packages as well. Thereby, you can offer a package deal to clients who desire to build their web page and demand both a domain name and a web page hosting plan. Particular firms offer such options. With 'ResellersPanel', for example, you can have a VPS or a dedicated server, and they will also offer you a domain reseller account and free-of-charge invoice management software to bill your clients. You can then sell domains and shared web hosting packages to clients, and since they provide a lot of different domain extensions, you will be able to provide domain and hosting services to persons from all over the world.