Domain name reseller
The Internet is an ever-developing network that supplies new ways to earn cash online. One of these ways is to become a domain name reseller and sell domains to end customers, generating revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered each and every day, and there are millions of presently functioning domain names, so this is a flowering marketing niche that you can become involved in.
Top-Level and Second-Level Domains
A domain name is composed of 2 pieces - 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 Domains
The Top-Level Domains can be generic or country code. The generic top-level domain names comprise the most widely used domain name extensions such as .com, .net, .org, .mobi, .info, while the country-code TLDs are composed of two-character abbreviations that stand for each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic or a country-code TLD, has a Registry - an institution that tackles the registrations and determines the prerequisites that each particular top-level domain name may impose, among them the length of the registration period or the residency of the registrant. Certain Registrar firms work under the Registry. These are the companies that actually offer the domain name to clients and handle all domain records.
Gain Money From Offering Domain Names
Multiple Registrars have reseller programs that enable individuals to gain profit from offering domain names to end customers. If you subscribe to such a program, you can set up your own personal Internet business. Regularly, a domain will be cheaper if it is registered through a reseller rather than if it is bought straight from the Registrar by an end customer. The explanation is that resellers can reach more users in local regions or countries where the Registrar may not be known at all. This implies more sales for the Registrar, so both parties will benefit 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 name registration.
Resell Top-Level Domains Under Your Own Personal Brand
When you sign up for a domain reseller program, you will obtain a web page hosting Control Panel where you can set the prices for the individual Top-Level Domains that the Registrar offers. Most companies also provide billing management software and website skins for your web storefront, and the automation of the whole procedure together with the swelling demand for domain names render the domain name reseller market so seductive. You will either get a pre-built site and use the Registrar platform to resell domains, or they will give you access to their API (Application Programming Interface) so that you can build your own web page and order form. Traditionally, you have the opportunity to pick between the two alternatives, so it all depends on how proficient you are in these affairs. As a domain name reseller, you will work on behalf of your very own brand name and not under the Registrar's brand.
Earn Cash From Trading Web Hosting Services Too
A nice supplement to your domain name reseller business would be to sell web hosting plans as well. Thereby, you can give a package deal to persons who desire to make their web site and require both a domain and a website hosting package. A number of companies furnish such options. With 'ResellersPanel', for example, you can order a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and charge-free invoicing software to bill your clients. You can then sell top-level domain names and shared hosting plans to clients, and since they offer a lot of different domain extensions, you will be able to provide domain and hosting services to users from all around the globe.