Domain name reseller
The World Wide Web is an ever-increasing network that supplies new possibilities to earn cash online. One of these options is to become a domain name reseller and sell domain names to end clients, earning revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered every day, and there are millions of currently functioning domains, so this is an increasing trading niche that you can be involved in.
TLDs and SLDs
A domain involves two entities - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic TLDs include the most common domain name extensions such as .com, .net, .org, .mobi, .info, while the ccTLDs involve 2-character abbreviations that signify each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a ccTLD, has a Registry - an institution that deals with the registrations and determines the preconditions that each particular TLD may entail, like the length of the registration period or the citizenship of the registrant. A number of Registrar companies operate under the Registry. These are the firms that actually offer the domain name to customers and manage all domain resource records.
Make Money From Reselling Domain Names
Multiple Registrars have reseller programs that permit people to gain profit from selling domain names to end users. If you register with such a program, you can begin your own personal Internet business. Normally, a domain name will cost less if it is registered through a reseller rather than if it is obtained directly from the Registrar by an end user. The cause is that resellers can reach more users in local communities or countries where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both parties will make a profit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar requires for the domain registration.
Resell Domains Under Your Own Personal Brand Name
When you sign up for a domain reseller program, you will acquire a web site hosting CP where you can select the prices for the various TLDs that the Registrar provides. Most companies also offer invoice software and web skins for your web storefront, and the automation of the whole process coupled with the enormous demand for domains render the domain name reseller market so seductive. You will either acquire a ready-to-use site and use the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can make your own personal website and form for placing orders. Typically, you have the option to choose between the 2 options, so it all revolves around how advanced you are in these matters. As a domain reseller, you will do business on behalf of your personal trademark name and not under the Registrar's brand.
Make Profit From Trading Web Hosting Packages Too
A nice addition to your domain name reseller business would be to sell web hosting plans too. Thereby, you can give a package deal to people who wish to develop their web site and need both a domain and a webspace hosting plan. A number of corporations furnish such options. With 'ResellersPanel', for example, you can run a VPS or a dedicated server, and they will also give you a domain name reseller account and cost-free invoice management software to bill your clients. You can then offer TLDs and shared website hosting packages to customers, and since they provide many different domain name extensions, you will be able to offer domain and hosting services to users from all around the globe.