Domain name reseller
The Internet is an ever-increasing system that generates new possibilities to make money online. One of these options is to become a domain name reseller and sell domain names to end clients, making profit from the difference between the wholesale and the retail cost of each domain name. Thousands of domain names are registered each and every day, and there are 1 000 000's of presently active domain names, so this is an expanding business niche that you can become involved in.
TLDs and SLDs
A domain consists of two entities - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
gTLDs and ccTLDs
The TLDs can be generic or country code. The generic Top-Level Domains include the most famous domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs include two-character abbreviations that correspond to each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code one, has a Registry - an institution that tackles the registrations and sets the preconditions that each concrete Top-Level Domain may have, such as the length of the registration term or the citizenship of the registrant. Certain Registrar companies operate under the Registry. These are the firms that in fact sell the domain name to clients and handle all domain name records.
Gain Cash From Offering Domains
Multiple Registrars have reseller programs that permit people to earn cash from selling domains to end users. If you subscribe to such a program, you can start your own personal electronic business. Commonly, a domain will be cheaper if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end user. The reason is that resellers can contact more clients in regional districts or countries where the Registrar may not be popular at all. This implies more sales for the Registrar, so both parties will benefit from that. Your profit will be the difference between the price that the customer pays and the one that the Registrar charges for the domain registration.
Sell TLDs Under Your Personal Trademark Name
When you sign up for a domain name reseller program, you will get a web hosting Control Panel where you can determine the prices for the separate TLDs that the Registrar provides. Most companies also provide billing software and website layouts for your web shop, and the automation of the entire procedure coupled with the huge demand for domain names make the domain name reseller business niche so desirable. You will either get a ready-for-use site and avail of the Registrar system to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can make your very own personal portal and form for placing orders. Commonly, you have the opportunity to choose between the two possibilities, so it all depends on how expert you are in these issues. As a domain name reseller, you will work under your personal brand name and not under the Registrar's brand.
Gain Cash From Reselling Web Hosting Services As Well
A perfect supplement to your domain name reseller business would be to sell web hosting services too. In this way, you can give a package deal to customers who wish to launch their web page and require both a domain and a site hosting package. Certain companies offer such options. With 'ResellersPanel', for instance, you can manage a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and cost-free billing transaction software to charge your customers. You can then offer top-level domain names and shared web hosting packages to clients, and since they provide many different domain extensions, you will be able to provide domain and hosting services to individuals from all over the globe.