Domain name reseller
The Internet is an ever-enlarging community that furnishes new opportunities to gain money on the Web. One of these options is to become a domain reseller and offer domain names to end customers, making profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered every day, and there are 1 000 000's of presently functioning domains, so this is a blooming trading niche that you can become a part of.
TLDs and SLDs
A domain name comprises 2 constituents - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic Top-Level Domains comprise the best known domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains involve 2-character abbreviations that signify 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 or a country-code Top-Level Domain, has a Registry - an institution that deals with the registrations and determines the preconditions that each concrete TLD may contain, such as 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 actually sell the domain name to customers and manage all DNS records.
Make Cash From Reselling Domains
Many Registrars have reseller programs that enable people to make revenue from selling domains to end customers. If you register with such a program, you can kick off your own electronic business. Usually, a domain will be cheaper if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end user. The explanation is that resellers can reach more users in local regions or countries where the Registrar may not be popular at all. This implies more sales for the Registrar, so both sides will take advantage of that. Your profit will be the difference between the price that the user pays and the one that the Registrar imposes for the domain name registration.
Resell Top-Level Domains On Behalf Of Your Very Own Brand Name
When you subscribe to a domain name reseller program, you will acquire a web hosting CP where you can choose the prices for the specific Top-Level Domains that the Registrar provides. Most companies also provide invoicing transaction software and themes for your virtual storefront, and the automation of the entire procedure together with the big demand for domains make the domain reseller business so seductive. You will either acquire a ready-made web site and avail of the Registrar system to resell domain names, or they will give you access to their API (Application Programming Interface) so that you can build your own personal web site and order form. Generally, you have the option to decide between the two alternatives, so it all revolves around how experienced you are in these things. As a domain reseller, you will work on behalf of your own personal brand and not under the Registrar's brand.
Gain Cash From Offering Web Hosting Packages As Well
A nice supplement to your domain reseller business would be to sell web hosting plans as well. Thereby, you can give a package deal to customers who wish to develop their site and need both a domain name and a hosting package. A number of firms furnish such options. With 'ResellersPanel', for example, you can have a Virtual Server or a dedicated server, and they will also give you a domain reseller account and free-of-cost invoice management software to charge your customers. You can then sell domains and shared website hosting plans to customers, and since they provide plenty of different domain name extensions, you will be able to provide domain and hosting services to persons from all around the world.