Domain name reseller
The Internet is an ever-growing network that delivers new options to earn cash on the Internet. One of these ways is to become a domain reseller and offer domains to end clients, earning revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered every day, and there are millions of presently functioning domains, so this is a growing trading niche that you can become involved in.
TLDs and SLDs
A domain includes 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 Top-Level Domain and "domain" is the second-level domain name.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic TLDs include the most common domain name extensions like .com, .net, .org, .mobi, .info, while the ccTLDs involve 2-character abbreviations that symbolize each country. Examples of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic top-level domain name or a country-code TLD, has a Registry - an institution that administers the registrations and determines the preconditions that each concrete top-level domain name may include, including the length of the registration period or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the companies that actually sell the domain name to clients and manage all DNS records.
Gain Cash From Offering Domain Names
A lot of Registrars have reseller programs that allow individuals to earn profit from offering domains to end clients. If you sign up for such a program, you can initiate your very own personal e-business. Commonly, a domain name will be cheaper if it is registered via a reseller rather than if it is purchased directly from the Registrar by an end client. The explanation is that resellers can contact more individuals in local communities or states where the Registrar may not be popular at all. This implies more sales for the Registrar, so both sides will take advantage of that. Your profit will be the difference between the price that the customer pays and the one that the Registrar imposes for the domain name registration.
Resell Domains On Behalf Of Your Own Personal Trademark Name
When you sign up for a domain name reseller program, you will have a webspace hosting CP where you can select the prices for the specific Top-Level Domains that the Registrar provides. Most companies also provide billing management software and web themes for your web store, and the automation of the entire process coupled with the significant demand for domain names make the domain name reseller market niche so desirable. You will either have a ready-made website and avail of the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can make your very own site and form for placing orders. Normally, you have the opportunity to select between the 2 possibilities, so it all revolves around how trained you are in these issues. As a domain name reseller, you will sell under your very own personal brand and not under the Registrar's brand.
Earn Profit From Offering Web Site Hosting Solutions Too
A logical addition to your domain reseller business would be to sell web hosting solutions as well. Thereby, you can offer a package deal to individuals who would like to develop their site and need both a domain and a web space hosting account. Given firms offer such options. With 'ResellersPanel', for instance, you can run a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge billing software to charge your customers. You can then sell domains and shared hosting plans to clients, and since they offer lots of diverse domain name extensions, you will be able to offer domain name and hosting services to users from all around the globe.