Domain name reseller
The Internet is an ever-expanding network that provides new options to make cash on the Internet. One of these opportunities is to be a domain reseller and offer domain names to end users, gaining profit from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each day, and there are 1 000 000's of presently active domain names, so this is a flourishing trading niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain name contains 2 entities - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The gTLDs comprise the best known domain name extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names involve two-letter abbreviations that symbolize each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic top-level domain name or a ccTLD, has a Registry - an institution that administers the registrations and sets the prerequisites that each particular TLD may have, like the length of the registration period or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the corporations that in fact offer the domain name to clients and administer all DNS records.
Gain Cash From Selling Domains
Many Registrars have reseller programs that allow individuals to make money from offering domain names to end clients. If you subscribe to such a program, you can establish your own e-business. Regularly, a domain will cost less if it is registered through a reseller rather than if it is bought directly from the Registrar by an end customer. The cause is that resellers can reach more persons in provinces or countries where the Registrar may not be famous 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 customer pays and the one that the Registrar levies for the domain registration.
Resell Domains Under Your Own Personal Brand
When you register with a domain name reseller program, you will receive a hosting Control Panel where you can choose the prices for the individual TLDs that the Registrar offers. Most firms also provide invoice management software and web themes for your online shop, and the automation of the entire process coupled with the expanding demand for domains render the domain name reseller market so tempting. You will either obtain a ready-to-use site and make use of the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can make your own personal web portal and order form. Typically, you have the opportunity to pick between the 2 possibilities, so it all revolves around how practiced you are in these matters. As a domain reseller, you will sell under your very own brand name and not on behalf of the Registrar's.
Make Money From Providing Web Page Hosting Packages As Well
An adequate supplement to your domain name reseller business would be to sell web hosting plans as well. Thereby, you can offer a package deal to individuals who desire to manage their web site and need both a domain and a web site hosting account. A few companies offer such options. With 'ResellersPanel', for example, you can buy a Virtual Dedicated Server or a dedicated server, and they will also give you a domain reseller account and free-of-cost invoicing software to bill your clients. You can then offer Top-Level Domains and shared web hosting accounts to clients, and since they provide lots of different domain extensions, you will be able to provide domain name and hosting services to people from all over the world.