Domain name reseller
The Internet is an ever-expanding system that furnishes new possibilities to earn money on the Internet. One of them is to become a domain name reseller and offer domains to end users, 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 millions of currently functioning domains, so this is an expanding trading niche that you can be involved in.
Top-Level and Second-Level Domains Names
A domain name comprises 2 parts - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The Top-Level Domains can be generic or country code. The generic Top-Level Domains comprise the most widely used domain name extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs are composed of two-character abbreviations that correspond to each country. Instances 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 ccTLD, has a Registry - an organization that manages the registrations and determines the preconditions that each concrete top-level domain name may entail, like the length of the registration term or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the corporations that in fact sell the domain name to customers and handle all domain name resource records.
Gain Cash From Trading Domains
Lots of Registrars have reseller programs that enable people to make cash from offering domains to end users. If you sign up for such a program, you can commence your own web business. Normally, a domain name will cost less if it is registered through a reseller rather than if it is bought straight from the Registrar by an end customer. The explanation is that resellers can contact more customers in regional districts or states where the Registrar may not be popular at all. This implies more sales for the Registrar, so both parties will make 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 registration.
Sell Domains Under Your Own Brand
When you register with a domain reseller program, you will get a web hosting CP where you can determine the prices for the various top-level domain names that the Registrar offers. Most corporations also provide invoicing transaction software and site skins for your virtual shop, and the automation of the whole process coupled with the considerable demand for domains render the domain reseller business so alluring. You will either get a ready-to-use website and avail of the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can set up your very own online portal and order form. Normally, you have the opportunity to select between the two alternatives, so it all depends on how skilled you are in these affairs. As a domain reseller, you will operate under your personal brand and not under the Registrar's brand.
Make Profit From Supplying Web Site Hosting Plans As Well
A sensible supplement to your domain reseller business would be to sell web hosting plans as well. Thereby, you can give a package deal to individuals who wish to have their online portal and require both a domain name and a hosting plan. A few corporations supply such options. With 'ResellersPanel', for example, you can have a Virtual Private Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost billing transaction software to charge your customers. You can then sell TLDs and shared website hosting plans to customers, and since they provide lots of diverse domain name extensions, you will be able to provide domain and hosting services to people from all over the globe.