Domain reseller
The Internet is an ever-enlarging system that offers new opportunities to earn cash on the Internet. One of these options is to become a domain reseller and offer domains to end clients, generating profit from the difference between the wholesale and the retail price of each and every domain name. Thousands of domain names are registered every day, and there are millions of currently active domain names, so this is a blooming business niche that you can be engaged in.
TLDs and SLDs
A domain name consists of 2 entities - a top-level domain name (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the top-level domain name and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The gTLDs include the best known domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains involve two-character abbreviations that symbolize each country. Examples of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a ccTLD, has a Registry - an institution that tackles the registrations and determines the prerequisites that each particular Top-Level Domain may involve, such as the length of the registration term or the citizenship of the registrant. Certain Registrar corporations work under the Registry. These are the firms that in fact sell the domain name to clients and administer all domain name resource records.
Make Profit From Reselling Domains
Numerous Registrars have reseller programs that allow individuals to earn revenue from offering domain names to end users. If you register with such a program, you can begin your very own personal electronic business. As a rule, a domain will be more inexpensive 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 customers in regional districts or states where the Registrar may not be popular at all. This means more sales for the Registrar, so both sides will take advantage of that. Your revenue will be the difference between the price that the client pays and the one that the Registrar charges for the domain registration.
Sell Domain Names On Behalf Of Your Own Personal Brand Name
When you subscribe to a domain name reseller program, you will have a CP where you can fix the prices for the individual TLDs that the Registrar offers. Most companies also provide invoicing transaction software and web page themes for your online shop, and the automation of the whole process together with the growing demand for domains render the domain reseller business so alluring. You will either receive a pre-built site 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 create your very own personal site and order form. Normally, you have the opportunity to select between the two alternatives, so it all revolves around how skillful you are in these things. As a domain name reseller, you will sell on behalf of your own personal trademark name and not on behalf of the Registrar's brand.
Make Revenue From Supplying Webspace Hosting Accounts Too
A good addition to your domain name reseller business would be to sell web hosting plans as well. In this way, you can offer a package deal to users who would like to launch their online portal and need both a domain name and a site hosting plan. Particular corporations provide such options. With 'ResellersPanel', for instance, you can order a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and charge-free invoice management software to bill your clients. You can then sell domain names and shared web hosting accounts to customers, and since they offer many different domain extensions, you will be able to provide domain name and hosting services to persons from all over the globe.