Domain name reseller
The Internet is an ever-flourishing network that offers new ways to make cash online. One of them is to become a domain name reseller and offer domain names to end users, earning profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered each day, and there are 1 000 000's of presently functioning domains, so this is a flourishing business niche that you can become involved in.
TLDs and SLDs
A domain name comprises two constituents - a top-level domain name (TLD) and a second-level domain name (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 Top-Level Domain Names
The TLDs can be generic or country code. The generic top-level domain names include the most conventional domain name extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains are made of two-letter abbreviations that represent each country. Instances 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 or a country-code one, has a Registry - an organization that tackles the registrations and sets the requirements that each specific TLD may have, including the length of the registration period or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the firms that actually sell the domain name to clients and administer all DNS records.
Make Revenue From Trading Domains
A lot of Registrars have reseller programs that permit individuals to make revenue from selling domain names to end customers. If you subscribe to such a program, you can initiate your own online business. Generally, a domain will be cheaper if it is registered via a reseller rather than if it is bought directly from the Registrar by an end customer. The cause is that resellers can contact more users in regions or countries where the Registrar may not be popular whatsoever. This means 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 requires for the domain name registration.
Resell Top-Level Domains Under Your Own Personal Brand
When you sign up for a domain reseller program, you will receive a web space hosting CP where you can set the prices for the specific top-level domain names that the Registrar offers. Most corporations also offer invoicing transaction software and website skins for your web storefront, and the automation of the entire process together with the great demand for domain names render the domain reseller business niche so desirable. You will either obtain a ready-for-use site and make use of the Registrar platform to sell domains, or they will give you access to their API (Application Programming Interface) so that you can set up your own personal site and order form. Generally, you have the option to pick between the two alternatives, so it all depends on how trained you are in these things. As a domain reseller, you will do business under your very own personal trademark name and not on behalf of the Registrar's brand.
Gain Profit From Promoting Website Hosting Plans Too
An excellent supplement to your domain name reseller business would be to sell web hosting services as well. In this way, you can give a package deal to persons who desire to have their web page and require both a domain and a web space hosting plan. A number of firms provide such options. With 'ResellersPanel', for instance, you can run a VPS or a dedicated server, and they will also offer you a domain name reseller account and free-of-charge billing transaction software to bill your customers. You can then offer domains and shared hosting accounts to clients, and since they provide lots of diverse domain extensions, you will be able to provide domain name and hosting services to people from all over the world.