Domain name reseller
The Internet is an ever-enlarging network that furnishes new opportunities to make cash on the Web. One of these opportunities is to be a domain reseller and offer domain names to end customers, gaining revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domains are registered each and every day, and there are 1 000 000's of presently active domains, so this is a thriving trading niche that you can become a part of.
TLDs and SLDs
A domain involves 2 entities - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for example, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domain Names
The top-level domain names can be generic or country code. The generic top-level domain names include the most popular domain name extensions like .com, .net, .org, .mobi, .info, whereas the ccTLDs include two-character abbreviations that signify each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a generic TLD or a country-code TLD, has a Registry - an institution that deals with the registrations and determines the preconditions that each particular Top-Level Domain may entail, among them the length of the registration term or the residency of the registrant. Certain Registrar firms operate under the Registry. These are the companies that actually sell the domain name to customers and administer all domain resource records.
Make Money From Trading Domain Names
Multiple Registrars have reseller programs that allow people to earn cash from offering domain names to end clients. If you register with such a program, you can launch your own electronic business. Typically, a domain will cost less if it is registered via a reseller rather than if it is obtained straight from the Registrar by an end customer. The explanation is that resellers can reach more users in areas or countries where the Registrar may not be famous whatsoever. This means more sales for the Registrar, so both sides will capitalize on that. Your profit will be the difference between the price that the client pays and the one that the Registrar levies for the domain registration.
Trade Domain Names Under Your Own Brand Name
When you sign up for a domain reseller program, you will get a web page hosting Control Panel where you can settle the prices for the various Top-Level Domains that the Registrar offers. Most corporations also offer invoicing transaction software and web page layouts for your online store, and the automation of the whole procedure combined with the enlarging demand for domains make the domain reseller market niche so desirable. You will either obtain a ready-made web site and make use of the Registrar platform to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can create your very own web page and form for placing orders. Traditionally, you have the option to choose between the 2 options, so it all depends on how proficient 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.
Earn Cash From Selling Webspace Hosting Solutions As Well
A nice addition to your domain reseller business would be to sell web hosting accounts as well. Thus, you can offer a package deal to people who desire to make their web portal and need both a domain and a web space hosting plan. A number of companies have such options. With 'ResellersPanel', for example, you can purchase a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and free invoice transaction software to charge your clients. You can then offer Top-Level Domains and shared hosting plans to customers, and since they provide lots of different domain extensions, you will be able to offer domain and hosting services to people from all around the world.