Domain name reseller
The Internet is an ever-flourishing community that offers new ways to gain cash on the Internet. One of these opportunities is to become a domain reseller and sell domains to end customers, making revenue from the difference between the wholesale and the retail cost of each and every domain name. 1000's of domains are registered every day, and there are millions of currently active domains, so this is an enlarging trading niche that you can become involved in.
TLDs and SLDs
A domain name includes 2 pieces - 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 include the most common domain extensions such as .com, .net, .org, .mobi, .info, whereas the country-code top-level domain names are made of two-character abbreviations that symbolize each country. Instances of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a country-code one, has a Registry - an organization that administers the registrations and sets the preconditions that each given TLD may contain, like the duration of the registration term or the citizenship of the registrant. A number of Registrar corporations work under the Registry. These are the corporations that in fact offer the domain name to clients and handle all domain records.
Gain Money From Selling Domain Names
A lot of Registrars have reseller programs that allow individuals to gain profit from selling domains to end users. If you subscribe to such a program, you can establish your own electronic business. Normally, a domain name 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 contact more clients in regional communities or states where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both parties will take advantage of that. Your profit will be the difference between the price that the customer pays and the one that the Registrar levies for the domain name registration.
Resell Top-Level Domain Names Under Your Own Brand Name
When you register with a domain reseller program, you will obtain a web hosting CP where you can choose the prices for the separate Top-Level Domains that the Registrar offers. Most firms also provide billing transaction software and web layouts for your virtual shop, and the automation of the whole process coupled with the considerable demand for domains make the domain name reseller business niche so desirable. You will either acquire a pre-built site and avail of the Registrar system to sell domain names, or they will give you access to their API (Application Programming Interface) so that you can build your very own site and form for placing orders. Generally, you have the opportunity to choose between the 2 options, so it all revolves around how skillful you are in these issues. As a domain reseller, you will do business on behalf of your very own personal brand name and not on behalf of the Registrar's.
Earn Money From Selling Web Hosting Packages Too
A relevant addition to your domain name reseller business would be to sell web hosting packages as well. Thus, you can offer a package deal to users who wish to build their web site and require both a domain name and a web page hosting account. Given corporations supply such options. With 'ResellersPanel', for instance, you can manage a Virtual Private Server or a dedicated server, and they will also give you a domain name reseller account and free-of-cost billing management software to charge your customers. You can then sell top-level domain names and shared hosting packages to clients, and since they provide lots of different domain extensions, you will be able to offer domain name and hosting services to people from all over the world.