Domain name reseller
The Internet is an ever-expanding community that provides new options to make cash on the Internet. One of these options is to be a domain name reseller and sell domains to end customers, earning revenue from the difference between the wholesale and the retail cost of each domain name. 1000's of domains are registered each day, and there are 1 000 000's of currently functioning domain names, so this is a flourishing business niche that you can become engaged in.
TLDs and SLDs
A domain comprises 2 constituents - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we pick domain.com, for instance, ".com" is the Top-Level Domain and "domain" is the SLD.
Generic and Country-Code Top-Level Domains
The Top-Level Domains can be generic or country code. The generic TLDs comprise the most popular domain extensions like .com, .net, .org, .mobi, .info, while the country-code TLDs are composed of 2-character abbreviations that represent each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a generic or a country-code top-level domain name, has a Registry - an institution that deals with the registrations and sets the requirements that each given top-level domain name may have, such as the length of the registration period or the residency of the registrant. A number of Registrar companies operate under the Registry. These are the firms that actually sell the domain name to clients and manage all domain records.
Make Revenue From Reselling Domains
Many Registrars have reseller programs that allow individuals to earn money from selling domain names to end customers. If you register with such a program, you can kick off your own web business. Normally, a domain name will be more inexpensive if it is registered through a reseller rather than if it is purchased directly from the Registrar by an end client. The explanation is that resellers can contact more people in regional communities or states where the Registrar may not be famous whatsoever. This implies more sales for the Registrar, so both sides will profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar charges for the domain registration.
Resell Domain Names On Behalf Of Your Very Own Personal Trademark Name
When you sign up for a domain reseller program, you will acquire a site hosting Control Panel where you can set the prices for the individual Top-Level Domains that the Registrar offers. Most firms also provide billing software and skins for your online shop, and the automation of the entire process coupled with the considerable demand for domain names make the domain reseller industry so attractive. You will either get a pre-made web site and utilize the Registrar system to resell domains, or they will give you access to their API (Application Programming Interface) so that you can make your own web site and order form. Traditionally, you have the opportunity to pick between the 2 possibilities, so it all revolves around how practiced you are in these things. As a domain reseller, you will sell on behalf of your own personal trademark name and not on behalf of the Registrar's brand.
Make Revenue From Promoting Web Space Hosting Services Too
A suitable supplement to your domain name reseller business would be to sell web hosting accounts as well. Thereby, you can give a package deal to users who want to build their online portal and demand both a domain name and a hosting account. Certain firms provide such options. With 'ResellersPanel', for instance, you can purchase a Virtual Server or a dedicated server, and they will also give you a domain reseller account and free-of-cost invoice software to charge your customers. You can then sell domains and shared website hosting plans to clients, and since they provide many different domain extensions, you will be able to provide domain name and hosting services to persons from all around the world.