Domain name reseller
The Internet is an ever-expanding network that supplies new options to make cash on the Internet. One of these ways is to become a domain name reseller and sell domain names to end customers, making profit from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered each day, and there are 1 000 000's of currently functioning domain names, so this is a developing trading niche that you can become a part of.
TLDs and SLDs
A domain name is made of 2 components - a Top-Level Domain (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 Second-Level Domain.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic TLDs comprise the best known domain name extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs are composed of 2-letter abbreviations that represent each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a ccTLD, has a Registry - an institution that is responsible for the registrations and determines the prerequisites that each concrete Top-Level Domain may impose, such as the duration of the registration period or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the corporations that actually sell the domain name to customers and handle all domain records.
Gain Profit From Reselling Domain Names
Many Registrars have reseller programs that permit people to make money from offering domain names to end clients. If you subscribe to such a program, you can set up your very own online business. As a rule, a domain name will be cheaper if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end customer. The cause is that resellers can contact more customers in local regions or states where the Registrar may not be famous at all. This implies more sales for the Registrar, so both parties will earn a profit from that. Your profit will be the difference between the price that the client pays and the one that the Registrar levies for the domain name registration.
Sell Top-Level Domains On Behalf Of Your Personal Trademark Name
When you subscribe to a domain name reseller program, you will have a hosting Control Panel where you can determine the prices for the individual TLDs that the Registrar provides. Most corporations also provide billing transaction software and website themes for your virtual store, and the automation of the whole process combined with the strong demand for domains make the domain reseller business so seductive. You will either receive a ready-made web site and make use of the Registrar system to sell domains, or they will grant you access to their API (Application Programming Interface) so that you can create your own site and order form. Usually, you have the option to decide between the 2 options, so it all revolves around how practiced you are in these affairs. As a domain reseller, you will do business on behalf of your own trademark name and not on behalf of the Registrar's brand.
Make Revenue From Reselling Site Hosting Plans As Well
A logical 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 would like to create their web site and require both a domain and a webspace hosting plan. Given firms provide such options. With 'ResellersPanel', for instance, you can have a VPS or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost billing management software to bill your customers. You can then sell top-level domain names and shared website hosting packages to clients, and since they provide many different domain name extensions, you will be able to offer domain and hosting services to people from all around the globe.