Domain name reseller
The Internet is an ever-enlarging platform that furnishes new possibilities to earn money online. One of these possibilities is to be a domain reseller and offer domain names to end customers, generating profit from the difference between the wholesale and the retail cost of each domain name. 1000's of domain names are registered each day, and there are 1 000 000's of currently functioning domains, so this is a flowering business niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain involves 2 entities - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic TLDs include the best known domain name extensions like .com, .net, .org, .mobi, .info, while the country-code top-level domain names are composed of 2-character abbreviations that denote each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic top-level domain name or a country-code TLD, has a Registry - an institution that deals with the registrations and determines the preconditions that each specific top-level domain name may contain, including the duration of the registration term or the citizenship of the registrant. Certain Registrar firms work under the Registry. These are the corporations that actually sell the domain name to clients and handle all domain name resource records.
Gain Money From Reselling Domain Names
Lots of Registrars have reseller programs that permit individuals to make profit from offering domains to end customers. If you sign up for such a program, you can launch your own personal electronic business. Commonly, a domain name will be cheaper if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end client. The reason is that resellers can contact more individuals in regional districts or states where the Registrar may not be popular whatsoever. This implies more sales for the Registrar, so both sides will earn a profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar imposes for the domain registration.
Sell Top-Level Domain Names Under Your Own Brand Name
When you register with a domain reseller program, you will get a web page hosting Control Panel where you can determine the prices for the individual TLDs that the Registrar offers. Most corporations also provide invoice transaction software and templates for your virtual shop, and the automation of the whole procedure combined with the expanding demand for domain names make the domain name reseller industry so tempting. You will either acquire a pre-developed website and use 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 own personal web portal and order form. Typically, you have the opportunity to choose between the 2 alternatives, so it all depends on how advanced you are in these issues. As a domain reseller, you will do business under your personal brand name and not on behalf of the Registrar's.
Make Cash From Offering Web Space Hosting Solutions Too
An appropriate 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 clients who want to run their web portal and require both a domain and a web site hosting plan. Given companies provide such options. With 'ResellersPanel', for instance, you can order a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and free-of-cost invoice transaction software to charge your customers. You can then sell Top-Level Domains and shared hosting accounts to customers, and since they provide lots of diverse domain name extensions, you will be able to offer domain and hosting services to individuals from all over the world.