Domain name reseller
The Internet is an ever-growing system that furnishes new options to gain cash on the Internet. One of these options is to become a domain name reseller and sell domain names to end users, earning profit from the difference between the wholesale and the retail cost of each and every domain name. Thousands of domain names are registered each day, and there are 1 000 000's of currently functioning domains, so this is a flourishing trading niche that you can be engaged in.
Top-Level and Second-Level Domains
A domain name is composed of 2 components - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for instance, ".com" is the top-level domain name and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic top-level domain names comprise the most widespread domain name extensions like .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains are made of two-character abbreviations that represent each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic Top-Level Domain or a country-code one, has a Registry - an institution that handles the registrations and sets the preconditions that each given top-level domain name may have, including the length of the registration period or the residency of the registrant. Certain Registrar companies operate under the Registry. These are the firms that actually offer the domain name to clients and administer all domain records.
Earn Cash From Trading Domains
Many Registrars have reseller programs that permit people to gain cash from offering domains to end customers. If you subscribe to such a program, you can begin your very own personal online business. Typically, a domain name will be cheaper if it is registered through a reseller rather than if it is bought directly from the Registrar by an end user. The cause is that resellers can reach more customers in areas or states where the Registrar may not be known at all. This means more sales for the Registrar, so both parties will capitalize on that. Your profit will be the difference between the price that the customer pays and the one that the Registrar charges for the domain name registration.
Resell Domain Names On Behalf Of Your Own Brand
When you subscribe to a domain name reseller program, you will acquire a hosting Control Panel where you can choose the prices for the different Top-Level Domains that the Registrar offers. Most corporations also offer invoice software and web site skins for your web store, and the automation of the entire process together with the growing demand for domains make the domain name reseller market so tempting. You will either get a pre-made web site and avail of the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can create your own website and form for placing orders. Commonly, you have the opportunity to decide between the 2 alternatives, so it all revolves around how skillful you are in these things. As a domain name reseller, you will work under your own trademark name and not under the Registrar's brand.
Earn Profit From Reselling Hosting Accounts Too
A perfect supplement to your domain reseller business would be to sell web hosting solutions too. Thereby, you can give a package deal to customers who wish to establish their site and need both a domain and a web space hosting account. A number of firms have such options. With 'ResellersPanel', for instance, you can manage a Virtual Server or a dedicated server, and they will also give you a domain reseller account and charge-free billing software to charge your clients. You can then offer TLDs and shared website hosting packages to clients, and since they offer many diverse domain extensions, you will be able to provide domain and hosting services to people from all over the globe.