Domain name reseller
The Internet is an ever-enlarging community that provides new options to make money online. One of these possibilities is to become a domain name reseller and sell domains to end users, making profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered each and every day, and there are millions of currently functioning domain names, so this is a thriving business niche that you can become involved in.
TLDs and SLDs
A domain consists of 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 TLD and "domain" is the Second-Level Domain.
Generic and Country-Code TLDs
The top-level domain names can be generic or country code. The generic top-level domain names include the most conventional domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs consist of two-letter abbreviations that correspond to each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a ccTLD, has a Registry - an institution that is responsible for the registrations and determines the preconditions that each particular top-level domain name may involve, like the length of the registration term or the citizenship of the registrant. A number of Registrar corporations operate under the Registry. These are the corporations that in fact sell the domain name to clients and manage all DNS resource records.
Make Money From Reselling Domain Names
Numerous Registrars have reseller programs that enable people to earn cash from offering domains to end customers. If you subscribe to such a program, you can commence your very own personal electronic business. Commonly, 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 user. The explanation is that resellers can contact more clients in local communities or countries where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both parties will cash in on 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 Domain Names Under Your Own Brand Name
When you sign up for a domain reseller program, you will obtain a web hosting CP where you can fix the prices for the specific TLDs that the Registrar offers. Most firms also provide billing transaction software and web layouts for your online shop, and the automation of the entire procedure combined with the considerable demand for domain names render the domain name reseller industry so attractive. You will either acquire a ready-made website and make use of the Registrar platform to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can set up your own web page and form for placing orders. Traditionally, you have the opportunity to pick between the 2 options, so it all depends on how proficient you are in these things. As a domain name reseller, you will do business on behalf of your own trademark name and not under the Registrar's.
Gain Cash From Offering Webspace Hosting Plans As Well
An appropriate addition 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 clients who wish to have their web site and demand both a domain and a web hosting plan. A number of corporations furnish such options. With 'ResellersPanel', for example, you can purchase a VPS or a dedicated server, and they will also give you a domain reseller account and charge-free invoicing software to charge your customers. You can then offer domain names and shared web hosting accounts to clients, and since they offer many diverse domain name extensions, you will be able to offer domain and hosting services to customers from all over the globe.