Domain name reseller
The Internet is an ever-enlarging system that generates new ways to earn cash on the Internet. One of these possibilities is to be a domain name reseller and sell domains to end customers, generating profit from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each and every day, and there are 1 000 000's of presently functioning domains, so this is a blossoming business niche that you can become engaged in.
TLDs and SLDs
A domain name is made of two parts - 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 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 Domains include the most popular domain extensions such as .com, .net, .org, .mobi, .info, while the country-code Top-Level Domains consist of 2-letter abbreviations that stand for each country. Examples of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each TLD, whether it is a gTLD or a country-code TLD, has a Registry - an institution that is responsible for the registrations and determines the preconditions that each specific top-level domain name may have, including the length of the registration period or the citizenship of the registrant. Certain Registrar firms work under the Registry. These are the corporations that in fact sell the domain name to clients and administer all domain name resource records.
Gain Money From Selling Domains
Plenty of Registrars have reseller programs that allow individuals to gain profit from offering domains to end clients. If you register with such a program, you can build your very own e-business. Generally, a domain name will cost less if it is registered via a reseller rather than if it is bought straight from the Registrar by an end customer. The reason is that resellers can reach more clients in provinces or states where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both sides will earn a 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 name registration.
Sell Top-Level Domains On Behalf Of Your Very Own Brand
When you register with a domain name reseller program, you will get a web site hosting Control Panel where you can choose the prices for the separate TLDs that the Registrar provides. Most firms also offer billing transaction software and web templates for your online storefront, and the automation of the entire procedure coupled with the enormous demand for domain names make the domain name reseller market niche so seductive. You will either acquire a ready-made site and avail of the Registrar system to resell domains, or they will offer you access to their API (Application Programming Interface) so that you can set up your own site and order form. Generally, you have the opportunity to decide between the 2 alternatives, so it all depends on how expert you are in these affairs. As a domain reseller, you will do business under your very own brand and not on behalf of the Registrar's.
Make Profit From Promoting Site Hosting Solutions Too
An appropriate supplement to your domain name reseller business would be to sell web hosting plans as well. In this way, you can give a package deal to customers who want to run their web site and need both a domain name and a web space hosting package. Particular firms furnish such options. With 'ResellersPanel', for instance, you can buy a VPS or a dedicated server, and they will also give you a domain reseller account and free-of-charge invoicing transaction software to bill your customers. You can then offer top-level domain names and shared hosting accounts to clients, and since they provide plenty of different domain extensions, you will be able to offer domain and hosting services to customers from all around the world.