Domain name reseller
The Internet is an ever-flourishing community that offers new opportunities to make cash on the Web. One of these possibilities is to be a domain reseller and offer 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 each and every day, and there are 1 000 000's of currently active domains, so this is a flowering trading niche that you can be a part of.
Top-Level and Second-Level Domains Names
A domain name involves 2 parts - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the TLD and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic top-level domain names comprise the most conventional domain extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names are composed of 2-character abbreviations that correspond to each country. Examples of country-code TLDs 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 organization that is responsible for the registrations and determines the prerequisites that each concrete TLD may impose, among them the duration of the registration term or the citizenship of the registrant. Certain Registrar companies work under the Registry. These are the firms that in fact offer the domain name to customers and administer all DNS resource records.
Earn Profit From Reselling Domain Names
Many Registrars have reseller programs that permit individuals to earn profit from offering domain names to end users. If you subscribe to such a program, you can start your own personal electronic business. Usually, a domain will be cheaper if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end user. The cause is that resellers can reach more persons in local districts or countries where the Registrar may not be known at all. 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 client pays and the one that the Registrar requires for the domain name registration.
Trade Domain Names On Behalf Of Your Personal Brand Name
When you sign up for a domain name reseller program, you will have a webspace hosting CP where you can choose the prices for the separate top-level domain names that the Registrar offers. Most companies also provide billing management software and templates for your virtual store, and the automation of the whole procedure coupled with the immense demand for domains render the domain name reseller industry so seductive. You will either have a turn-key web site and make use of the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can create your very own personal web site and form for placing orders. Typically, you have the opportunity to choose between the two possibilities, so it all depends on how advanced you are in these things. As a domain reseller, you will do business on behalf of your personal brand name and not on behalf of the Registrar's brand.
Make Cash From Selling Hosting Packages Too
An appropriate addition to your domain reseller business would be to sell web hosting accounts as well. Thereby, you can give a package deal to clients who want to run their website and require both a domain name and a web hosting account. Some companies supply such options. With 'ResellersPanel', for example, you can run a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and free invoicing software to bill your clients. You can then sell domain names and shared hosting packages to clients, and since they provide plenty of diverse domain name extensions, you will be able to provide domain and hosting services to persons from all around the globe.