Domain name reseller
The Internet is an ever-flourishing network that offers new ways to earn cash online. One of these options is to be a domain reseller and offer domains to end clients, earning profit 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 presently functioning domains, so this is a growing business niche that you can become involved in.
Top-Level and Second-Level Domains Names
A domain name includes two constituents - a Top-Level Domain (TLD) and a second-level domain name (SLD). If we pick domain.com, for instance, ".com" is the TLD and "domain" is the SLD.
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 widely used domain name extensions such as .com, .net, .org, .mobi, .info, whereas the country-code TLDs are made of 2-letter abbreviations that denote each country. Instances of country-code Top-Level Domains are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a country-code top-level domain name, has a Registry - an organization that tackles the registrations and determines the requirements that each particular top-level domain name may impose, among them the duration of the registration term or the residency of the registrant. Certain Registrar firms operate under the Registry. These are the corporations that actually sell the domain name to customers and handle all domain resource records.
Earn Cash From Offering Domains
Lots of Registrars have reseller programs that permit individuals to gain money from offering domain names to end clients. If you register with such a program, you can establish your own e-business. Generally, a domain name will be cheaper if it is registered through a reseller rather than if it is purchased straight from the Registrar by an end client. The explanation is that resellers can contact more users in local regions or states where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both sides will cash in on that. Your profit will be the difference between the price that the customer pays and the one that the Registrar requires for the domain name registration.
Offer Top-Level Domain Names On Behalf Of Your Personal Brand Name
When you sign up for a domain reseller program, you will have a webspace hosting Control Panel where you can fix the prices for the different Top-Level Domains that the Registrar provides. Most corporations also provide invoice management software and design skins for your online store, and the automation of the whole process together with the growing demand for domains render the domain name reseller business so seductive. You will either acquire a ready-for-use web site and utilize the Registrar system to resell domain names, or they will offer you access to their API (Application Programming Interface) so that you can create your own site and form for placing orders. Normally, you have the opportunity to select between the 2 possibilities, so it all depends on how practiced you are in these issues. As a domain name reseller, you will do business under your very own brand and not under the Registrar's.
Gain Money From Offering Hosting Packages Too
A reasonable supplement to your domain name reseller business would be to sell web hosting services too. Thereby, you can give a package deal to clients who wish to build their website and require both a domain and a web hosting account. A few corporations have such options. With 'ResellersPanel', for instance, you can have a Virtual Server or a dedicated server, and they will also offer you a domain reseller account and free-of-cost billing management software to charge your customers. You can then offer top-level domain names and shared website hosting accounts to clients, and since they provide many diverse domain extensions, you will be able to provide domain and hosting services to individuals from all over the globe.