Domain name reseller
The Internet is an ever-enlarging network that offers new possibilities to earn cash online. One of them is to become a domain reseller and offer domain names to end customers, earning profit from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered every day, and there are millions of currently functioning domain names, so this is a blossoming trading niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain name is composed of 2 parts - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the TLD and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The gTLDs include the most widely used domain extensions such as .com, .net, .org, .mobi, .info, whereas the ccTLDs are made of 2-character abbreviations that represent each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic TLD or a country-code TLD, has a Registry - an institution that tackles the registrations and determines the preconditions that each particular TLD may involve, such as the length of the registration period or the residency of the registrant. Certain Registrar firms work under the Registry. These are the companies that in fact sell the domain name to clients and administer all DNS resource records.
Gain Cash From Reselling Domains
Numerous Registrars have reseller programs that allow individuals to earn revenue from selling domains to end users. If you sign up for such a program, you can set up your own Internet business. Generally, a domain name 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 people in local districts or states where the Registrar may not be famous at all. This implies more sales for the Registrar, so both sides will capitalize on that. Your profit will be the difference between the price that the client pays and the one that the Registrar requires for the domain name registration.
Trade TLDs On Behalf Of Your Personal Brand
When you subscribe to a domain name reseller program, you will receive a webspace hosting CP where you can determine the prices for the individual top-level domain names that the Registrar offers. Most firms also provide invoicing software and site skins for your online shop, and the automation of the entire process combined with the large demand for domain names make the domain name reseller business niche so seductive. You will either obtain a ready-to-use web site and use the Registrar system to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can make your own portal and order form. Generally, you have the opportunity to choose between the 2 possibilities, so it all depends on how advanced you are in these issues. As a domain name reseller, you will operate on behalf of your own trademark name and not under the Registrar's brand.
Make Cash From Selling Web Hosting Services Too
A suitable supplement to your domain name reseller business would be to sell web hosting services too. Thus, you can offer a package deal to users who would like to manage their site and require both a domain and a web hosting plan. A number of corporations supply such options. With 'ResellersPanel', for instance, you can have a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and cost-free billing software to charge your customers. You can then offer Top-Level Domains and shared web hosting packages to customers, and since they offer lots of different domain extensions, you will be able to offer domain and hosting services to individuals from all over the world.