Domain reseller
The Internet is an ever-flourishing network that furnishes new ways to earn money on the Internet. One of these possibilities is to be a domain reseller and sell domains to end users, making revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered every day, and there are millions of presently functioning domains, so this is a blooming business niche that you can become involved in.
Top-Level and Second-Level Domains
A domain name includes 2 entities - a Top-Level Domain (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic TLDs comprise the most popular domain name extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs consist of two-letter abbreviations that stand for each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a country-code top-level domain name, has a Registry - an institution that manages the registrations and sets the requirements that each given TLD may contain, such as the duration of the registration period or the residency of the registrant. Certain Registrar corporations work under the Registry. These are the corporations that actually offer the domain name to clients and manage all domain name resource records.
Earn Cash From Offering Domain Names
Many Registrars have reseller programs that enable people to gain profit from selling domains to end users. If you subscribe to such a program, you can establish your own personal e-business. As a rule, a domain name will be more inexpensive if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end client. The reason is that resellers can contact more users in regional districts or countries where the Registrar may not be popular at all. This implies more sales for the Registrar, so both sides will cash in on that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar levies for the domain registration.
Offer Top-Level Domain Names On Behalf Of Your Very Own Brand Name
When you sign up for a domain reseller program, you will receive a web site hosting Control Panel where you can choose the prices for the specific TLDs that the Registrar offers. Most companies also provide invoice transaction software and web page templates for your virtual store, and the automation of the whole procedure together with the growing demand for domains make the domain name reseller market so desirable. You will either acquire a pre-developed website and avail of the Registrar system to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can set up your own site and order form. Normally, you have the option to choose between the two possibilities, so it all revolves around how experienced you are in these matters. As a domain name reseller, you will sell on behalf of your very own brand name and not under the Registrar's brand.
Make Profit From Supplying Web Hosting Services As Well
An appropriate addition to your domain reseller business would be to sell web hosting accounts as well. Thereby, you can offer a package deal to persons who would like to develop their web site and need both a domain and a hosting package. A few companies offer such options. With 'ResellersPanel', for instance, you can run a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain reseller account and free-of-charge invoice transaction software to bill your clients. You can then sell TLDs and shared web hosting plans to clients, and since they provide lots of diverse domain extensions, you will be able to provide domain name and hosting services to customers from all over the globe.