Domain name reseller
The Internet is an ever-expanding system that supplies new ways to earn cash on the Internet. One of these ways is to become a domain reseller and sell domain names to end users, gaining profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered each and every day, and there are 1 000 000's of currently functioning domain names, so this is an increasing trading niche that you can become engaged in.
Top-Level and Second-Level Domains
A domain includes 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 name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic top-level domain names comprise the most conventional domain name extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names involve two-letter abbreviations that signify each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic Top-Level Domain or a country-code TLD, has a Registry - an institution that handles the registrations and sets the prerequisites that each particular top-level domain name may involve, like the duration of the registration period or the residency of the registrant. A number of Registrar corporations work under the Registry. These are the firms that in fact sell the domain name to customers and administer all DNS records.
Earn Revenue From Selling Domain Names
Plenty of Registrars have reseller programs that permit individuals to make cash from selling domains to end clients. If you register with such a program, you can kick off your own online business. Normally, a domain will be cheaper if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end customer. The reason is that resellers can reach more customers in local regions or countries where the Registrar may not be famous at all. This implies more sales for the Registrar, so both sides will make a profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar charges for the domain name registration.
Trade Domains Under Your Very Own Brand Name
When you register with a domain name reseller program, you will have a website hosting Control Panel where you can determine the prices for the different top-level domain names that the Registrar offers. Most firms also offer invoicing software and web site skins for your web storefront, and the automation of the entire procedure combined with the growing demand for domain names make the domain name reseller business so alluring. You will either have a pre-built site and avail of the Registrar system to resell domains, or they will give you access to their API (Application Programming Interface) so that you can build your very own personal web site and form for placing orders. Commonly, you have the option to decide between the two options, so it all revolves around how accomplished you are in these affairs. As a domain name reseller, you will do business under your own personal brand and not on behalf of the Registrar's brand.
Gain Profit From Selling Web Space Hosting Solutions Too
An adequate supplement to your domain reseller business would be to sell web hosting accounts too. Thereby, you can give a package deal to users who want to launch their online portal and need both a domain name and a hosting package. A number of companies supply such options. With 'ResellersPanel', for instance, you can have a Virtual Server or a dedicated server, and they will also offer you a domain name reseller account and free billing transaction software to charge your customers. You can then offer TLDs and shared web hosting accounts to clients, and since they provide many diverse domain extensions, you will be able to provide domain and hosting services to customers from all around the globe.