Domain name reseller
The Internet is an ever-increasing community that furnishes new opportunities to earn cash on the Web. One of these possibilities is to be a domain name reseller and sell domains to end customers, earning revenue 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 millions of presently active domains, so this is an increasing business niche that you can become involved in.
TLDs and SLDs
A domain consists of two parts - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
Generic and Country-Code TLDs
The TLDs can be generic or country code. The generic Top-Level Domains include the most conventional domain name extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs contain 2-character abbreviations that stand for 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 Top-Level Domain or a country-code top-level domain name, has a Registry - an institution that tackles the registrations and sets the requirements that each concrete TLD may include, among them the length of the registration term or the citizenship of the registrant. A number of Registrar firms work under the Registry. These are the companies that actually offer the domain name to clients and handle all DNS records.
Gain Cash From Trading Domains
Many Registrars have reseller programs that enable people to gain profit from offering domains to end customers. If you register with such a program, you can launch your own personal web business. As a rule, a domain name will be cheaper if it is registered via a reseller rather than if it is obtained directly from the Registrar by an end customer. The explanation is that resellers can contact more individuals in local communities or states where the Registrar may not be famous at all. This implies more sales for the Registrar, so both parties will 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.
Offer TLDs On Behalf Of Your Own Personal Brand
When you register with a domain name reseller program, you will have a CP where you can select the prices for the individual top-level domain names that the Registrar offers. Most companies also offer billing transaction software and web page skins for your online storefront, and the automation of the entire process together with the great demand for domains make the domain reseller business niche so seductive. You will either obtain a pre-developed website and make use of the Registrar system to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can build your own web page and form for placing orders. Commonly, you have the option to pick between the two alternatives, so it all depends on how skilled you are in these issues. As a domain reseller, you will operate under your very own trademark name and not under the Registrar's brand.
Make Revenue From Offering Web Page Hosting Accounts As Well
A nice supplement to your domain name reseller business would be to sell web hosting plans too. In this way, you can offer a package deal to users who wish to establish their site and require both a domain name and a website hosting account. A few companies have such options. With 'ResellersPanel', for example, you can order a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and charge-free invoicing software to bill your clients. You can then sell domain names and shared hosting packages to clients, and since they offer lots of different domain name extensions, you will be able to offer domain and hosting services to persons from all around the globe.