Domain name reseller
The Internet is an ever-increasing community that offers new possibilities to make cash online. One of these possibilities is to be a domain reseller and offer domain names to end clients, earning revenue from the difference between the wholesale and the retail cost of each domain name. Thousands of domains are registered each day, and there are 1 000 000's of presently functioning domain names, so this is a flowering trading niche that you can be engaged in.
TLDs and SLDs
A domain name is composed of 2 entities - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take 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 Domains can be generic or country code. The generic top-level domain names include the most common domain extensions such as .com, .net, .org, .mobi, .info, while the country-code top-level domain names are made of 2-letter abbreviations that correspond to each country. Instances of ccTLDs 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 organization that administers the registrations and determines the preconditions that each concrete TLD may impose, such as the duration of the registration term or the residency of the registrant. A number of Registrar firms operate under the Registry. These are the corporations that in fact offer the domain name to customers and handle all DNS resource records.
Gain Money From Reselling Domains
Plenty of Registrars have reseller programs that allow individuals to gain revenue from selling domains to end clients. If you register with such a program, you can start your very own electronic business. Commonly, a domain will cost less if it is registered through a reseller rather than if it is bought directly from the Registrar by an end customer. The explanation is that resellers can reach more customers in local regions or countries where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both sides will make a profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar levies for the domain name registration.
Resell Top-Level Domains Under Your Personal Trademark Name
When you register with a domain name reseller program, you will receive a website hosting Control Panel where you can choose the prices for the various TLDs that the Registrar provides. Most companies also offer invoice transaction software and web design layouts for your web store, and the automation of the entire procedure combined with the high demand for domain names make the domain name reseller market niche so desirable. You will either receive a pre-made site and avail of the Registrar system to resell domains, or they will grant you access to their API (Application Programming Interface) so that you can set up your very own personal online portal and form for placing orders. Traditionally, you have the option to select between the two options, so it all depends on how trained you are in these issues. As a domain name reseller, you will sell under your personal brand name and not on behalf of the Registrar's brand.
Gain Profit From Trading Webspace Hosting Services Too
An excellent supplement to your domain reseller business would be to sell web hosting packages as well. Thereby, you can offer a package deal to customers who desire to build their website and require both a domain and a web space hosting package. Certain corporations offer such options. With 'ResellersPanel', for example, you can purchase a VPS or a dedicated server, and they will also give you a domain reseller account and free-of-cost billing software to charge your clients. You can then offer TLDs and shared hosting accounts to clients, and since they offer lots of diverse domain name extensions, you will be able to offer domain name and hosting services to people from all around the globe.